NEW YORK--(BUSINESS WIRE)--Veritas Capital ("Veritas"), a leading private investment firm, today announced the completion of its previously announced acquisition of Campus Management Acquisition Corp. ("Campus Management") and Edcentric Holdings LLC ("Edcentric") from Leeds Equity Partners, LLC ("Leeds Equity"). Veritas Capital announced the definitive agreement to acquire Campus Management and Edcentric on Jan. 16, 2020. Terms of the transaction were not disclosed. Leeds Equity will continue a.
(Telecompaper) Xplornet Communications has confirmed its acquisition by Stonepeak Infrastructure Partners but did not disclose any financial details...: No financial details were provided but according to sources from Bloomberg, the deal values Xplornet at about USD 2 billion, including debt. Xplornet said the acquisition will give it a strong balance sheet to push forward its plan to improve broadband services in rural Canada, and that it will also have access to growth capital, which it will use to boost the organic and inorganic development of its broadband business.
Insurance-leaning digital payments solutions vendor One Inc has been acquired by growth-oriented private equity firm Great Hill Partners, according to a release on Wednesday (Feb. 26). Great Hill's managing partner Matt Vettel and partner Nick Cayer will join One Inc's board as a result of the acquisition. One Inc said that its seen growth of payments [...]
Healthcare & Life Sciences Private Equity Deal Tracker: Arsenal Capital Acquires Bresmed | Mcguirewoods Llp
Arsenal Capital Partners has announced it acquired BresMed Health Solutions....By: McGuireWoods LLP. : BresMed, with its U.S. office in Las Vegas, Nev., is a health economic and outcomes research consultancy that provides health economic solutions to the global pharmaceutical industry. Arsenal, based in New York, is a private equity firm specializing in investments in middle market healthcare and specialty industrials companies. Founded in 2000, the firm seeks control investments in companies with the capacity to use $50 million to $300 million of equity, including add-on acquisitions.
Startups still see lots more money from IPOs and corporate acquisitions than from private equity deals, but PE firms are spending increasing amounts.
Private equity firm Stonepeak Infrastructure Partners, which is based in New York City, has signed an agreement to acquire TRAC Intermodal from a Fortress Investment Group affiliate. Financial terms for the agreement, which is subject to customary closing conditions and regulatory approvals, were not disclosed. TRAC's existing management team will remain to run the business, TRAC said on Feb. 18. Both parties will benefit from the acquisition, according to Princeton, New Jersey-based TRAC. Stonepeak's support will enable TRAC to grow the company's presence in North America. TRAC operates 180,000 marine chassis nationwide, with an operating footprint of over 650 locations.
NEW YORK, Feb. 19, 2020 /PRNewswire/ -- GenNx360 Capital Partners ("GenNx360"), a New York-based private equity firm, is pleased to announce that its portfolio company, Subsea Global Solutions (SGS), a leading global commercial diving company, has acquired the commercial diving division...
Funds Advised By Apax Partners To Acquire Cadence Education From Funds Advised By Morgan Stanley Capital Partners
SCOTTSDALE, Ariz. and NEW YORK, Feb. 12, 2020 /PRNewswire/ -- Funds advised by Apax Partners (the "Apax Funds") today announced they have reached an agreement to acquire Cadence Education, a leading provider of early childhood education in North America, from investment funds managed by...
The acquisition follows a management buyout of the real estate JV equity provider from Christian Candy's CPC Group. The Orlandis management team -- led by managing director Andrew Chryso...
Acumatica Ramps Up After Private Equity Deal, Using New Owner's Cash For An Acquisition Of Its Own - Geekwire
Business technology company Acumatica is taking advantage of a cash infusion from its new majority owner to make an acquisition of its own, part of a larger effort to outpace competitors such as Microsoft, SAP, and Oracle in the market for cloud-based enterprise resource planning software. The Bellevue, Wash.-based company, which was acquired last year by private equity fund EQT Partners, has acquired its longtime partner JAAS Systems, a manufacturing software company based in Columbus, Ohio, where Acumatica also has an existing presence.