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Latest Private equity Stories

2014-10-22 16:22:43

BETHESDA, Md., Oct. 22, 2014 /PRNewswire/ -- RLJ Equity Partners, LLC and LAI International, Inc., today announced the acquisition of Zak Incorporated (Zak), a full service manufacturer and certified turnkey supplier that provides precision machined and custom fabricated components for customers in power generation, specialty metals, and oil and gas. Founded in 1937 and headquartered in Green Island, New York, Zak is an established brand throughout the power industry and has built...

2014-10-21 16:31:25

Results Exceeded Expectations; Driven by Growth in Home Robots BEDFORD, Mass., Oct. 21, 2014 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in delivering robotic technology-based solutions, today announced its financial results for the third quarter ended September 27, 2014. http://photos.prnewswire.com/prnvar/20131104/NE10106LOGO "I am pleased to report an outstanding third quarter, with results that exceeded our expectations, as a number of orders, in both Home and D&S,...

2014-10-21 16:26:31

Company Sets New Long-Term Modified EBITDA Target of $600 million by 2017 GRAND PRAIRIE, Texas, Oct. 21, 2014 /PRNewswire/ -- Six Flags Entertainment Corporation (NYSE: SIX), the world's largest regional theme park company, today announced its third quarter 2014 revenue grew to a record high of $542 million, representing a $37 million or 7 percent increase over the same period in 2013. Third quarter Adjusted EBITDA(2) of $291 million was an improvement of $23 million or 8 percent...

2014-10-21 12:37:46

LIVERMORE, Calif., Oct. 21, 2014 /PRNewswire/ -- Rob Alston, CEO of Access, has announced that Berkshire Partners LLC, a Boston-based investment firm, has acquired a majority interest in the company, the largest privately-held provider of records and information management services in North America, from Summit Partners. Terms of the transaction were not disclosed. http://photos.prnewswire.com/prnvar/20131231/LA39366LOGO Access offers a complete suite of storage and related...

2014-10-21 12:36:39

SAN FRANCISCO, Oct. 21, 2014 /PRNewswire/ -- Conifer Financial Services is the latest addition to AltX's expanding partner list, Conifer President and CEO Jack McDonald and AltX Co-founder Sam Hocking announced jointly today. Launched successfully over the summer, AltX is the only cloud-based data analytic network to combine sophisticated financial analytics with behavioral dimensions. These innovations help investors and funds discover one another, by creating new ways to view and...

2014-10-21 12:36:37

ARLINGTON, Va., Oct. 21, 2014 /PRNewswire/ -- Melissa A. Henderson, founder, president and CEO of Summit Executive Resources, an executive agent firm for technology leaders, will participate in the Private Equity International's 4th annual Operating Partners Forum in New York on October 21. Ms. Henderson will serve as a moderator for a workshop panel titled, "Rethinking Management: The Operating Partner as Mentor and Coach" at 3:30 p.m. Ms. Henderson's panel will examine the impact...

2014-10-20 23:04:53

The Maryland Venture Fund (MVF), the equity investment arm of the Maryland Department of Business and Economic Development (DBED), has invested $600,000 in Rockville-based Motionsoft, a leading provider of SaaS member relationship management software (MRMS) and payment services for the health and fitness industry. Annapolis, Maryland (PRWEB) October 20, 2014 The investment comes as part of a $10 million Series B investment round led by Route 66 Ventures and included Edison Ventures as a...

2014-10-20 12:24:24

Film Manufacturer Looks to Grow With Complementary Cast and Blown Film Offerings DETROIT, Oct. 20, 2014 /PRNewswire/ -- Huron Capital Partners ("Huron Capital") announced today that its portfolio company, Wisconsin-based Bloomer Plastics, Inc., has acquired Delaware, Ohio-based Optimum Plastics. Bloomer Plastics is a leading producer of custom engineered cast embossed films for the industrial, medical and packaging markets, while Optimum Plastics is a technology leader and pioneer...

2014-10-20 12:21:39

ORLANDO, Fla., Oct. 20, 2014 /PRNewswire/ -- Global Jet Capital, a new company providing leasing and lending solutions for large-cabin, long-range business jets, has officially begun operations. Three global investment firms - GSO Capital Partners, a Blackstone company in partnership with Franklin Square Capital Partners*; The Carlyle Group; and AE Industrial Partners - have partnered to launch the company, which has the financial capacity to fund more than $2 billion in aircraft...

2014-10-20 04:21:51

"Fintech" company strives to rejuvenate the market by providing new type of capital lending PHOENIX, Oct. 20, 2014 /PRNewswire/ -- CreditSuppliers, LLC is proud to announce their partnerships with G8 Capital, an investment firm located in Ladera Ranch, California. Atlas44, LLC, the parent company of CreditSuppliers, has received an initial $12.5-million capital commitment for CreditSuppliers' proprietary lending platform. G8 Capital, the lead investor, is a trailblazer in Fintech and...


Word of the Day
negawatt
  • A unit of saved energy.
Coined by Amory Lovins, chairman of the Rocky Mountain Institute as a contraction of negative watt on the model of similar compounds like megawatt.