Latest Warburg family Stories
PLANO, Texas, Jan. 15, 2013 /PRNewswire/ -- CROSSMARK, a leading sales and marketing services company in the consumer goods industry, providing growth solutions with exceptional service to manufacturers and retailers, today announced the appointment of Joe Crafton as Chief Executive Officer of CROSSMARK. Mr. Crafton previously served as company President. John Thompson, CROSSMARK's CEO since 2010, now will focus primarily on acquisitions and strategic alliances as the company's...
NEW YORK, Jan. 7, 2013 /PRNewswire/ -- Warburg Pincus, a leading global private equity firm focused on growth investing, today announced the appointment of Janet Vergis as an Executive-in-Residence (EIR). Ms. Vergis will support the firm in the identification and evaluation of investment opportunities in the biopharmaceutical sector, particularly in the United States. Ms. Vergis joins Warburg Pincus with 25 years of pharmaceutical experience and a strong track record of...
PARSIPPANY, N.J. and NEW YORK, Dec. 31, 2012 /PRNewswire/ -- JHP Pharmaceuticals, LLC ("JHP"), a specialty pharmaceutical company that acquires, develops, manufactures and sells sterile injectable products, today announced that it has been acquired by an affiliate of Warburg Pincus, a leading global private equity firm focused on growth investing, from JHP Holdings, LLC, an entity majority-owned by Morgan Stanley Principal Investments, for $195 million on a debt-free, cash-free basis....
POMONA, Calif., Dec. 28, 2012 /PRNewswire/ -- Consolidated Precision Products Corp. ("CPP" or the "Company") today announced that it has successfully closed on its previously announced definitive agreement to acquire Turbine Technologies Group from ESCO Corporation ("ESCO"). Terms of the transaction were not disclosed. Warburg Pincus, which acquired CPP in October 2011, is CPP's largest shareholder. Advisors Lazard acted as financial advisor and Sheppard Mullin Richter &...
HOUSTON, Dec. 12, 2012 /PRNewswire/ -- Gulf Coast Energy Resources (GCER) announced today that Quantum Energy Partners (QEP) and Global Reserve Group (GRG) will together provide an additional $125 million in equity commitment to grow the company. This new commitment together with the approximately $250 million of equity from original investors (Warburg Pincus and GCER management team) brings the total equity line to $375 million. The funds will be used to continue GCER's...
NEW YORK and ATLANTA, Aug. 31, 2012 /PRNewswire/ -- InComm, the leading prepaid product, services and transaction technologies company, today announced that Warburg Pincus, a leading global private equity firm focused on growth investing, has made a minority investment in InComm. Terms of the transactions were not disclosed. (Logo: http://photos.prnewswire.com/prnh/20110525/CL09221LOGO ) InComm was established in 1992 to provide technology to the prepaid long-distance industry....
DENVER, NEW YORK and TORONTO, Aug. 14, 2012 /PRNewswire/ -- Hawkwood Energy LLC ("Hawkwood" or the "Company"), a new upstream oil and gas company, today announced its formation and that an affiliate of Warburg Pincus, a global private equity firm focused on growth investing, and Ontario Teachers' Pension Plan ("Teachers'"), through its private equity division Teachers' Private Capital (TPC), have agreed to make an investment of up to $300 million. Hawkwood, which will seek to...
CALGARY, Alberta and NEW YORK, May 30, 2012 /PRNewswire/ -- Endurance Energy Ltd. ("Endurance" or "the Company"), an early-stage exploration and production company focused on the acquisition and development of shallow natural gas assets in the Western Canadian Sedimentary Basin ("WCSB"), today announced that it has recapitalized the company with an investment from Warburg Pincus, a leading global private equity firm focused on growth investing. Warburg Pincus, which now owns a...
DALLAS, HOUSTON and NEW YORK, May 22, 2012 /PRNewswire/ -- Venari Resources LLC ("Venari" or the "Company"), an early-stage company focused on deep water oil exploration in the Gulf of Mexico, today announced that leading investment firms Warburg Pincus, Kelso & Company, Temasek, and The Jordan Company have agreed to make an investment of up to $1.125 billion in the Company. Venari Resources is led by Chief Executive Officer (CEO) Brian Reinsborough, former President and CEO...
NEW YORK and MAULDIN, S.C., March 29, 2012 /PRNewswire/ -- Warburg Pincus, a leading global private equity firm focused on growth investing, today announced that it has acquired a majority ownership in The Gordian Group ("Gordian" or the "Company"), a leading construction pricing data and procurement software business servicing the construction industry, from The Wicks Group of Companies, a private equity firm. Terms of the transaction were not disclosed. Gordian maintains a...
