All news

Stephen P. MacMillan, chairman, president and chief executive officer of Stryker

Stryker to acquire privately held Gaymar Industries for USD150m

Medical device company Stryker has signed a definitive agreement to acquire privately held Gaymar Industries for approximately USD150m in an all-cash transaction. »

Nick Morrill, managing partner of Rutland

Rutland Partners acquires Brandon Hire

Rutland Partners has exchanged unconditional contracts with Wolseley for the acquisition of Brandon Hire. »

TV

Kneip acquires Patrimoine TV

Kneip, a service provider to the asset management industry, has acquired Patrimoine TV, an online video producer dedicated to the financial industry. »

Bruce W. Madding, president and chief investment officer, C.M. Capital

C.M. Capital appoints Bruce W. Madding as president

C.M. Capital has appointed finance and investment veteran Bruce W. Madding as president and chief investment officer. »

Mikael Johnsson, vice president at Investor Growth Capital

Telepo secures EUR10m from Investor Growth Capital and Accel Partners

Telepo, an enabler of enterprise communication and collaboration software platforms, has secured EUR10m in its B round funding from Investor Growth Capital and existing investor Accel Partners. »

Guy Coltman, partner, Carey Olsen

Carey Olsen advises West China Cement on Hong Kong listing

Lawyers from Carey Olsen have advised West China Cement on its offering and listing on the Hong Kong Stock Exchange, which completed on 23 August 2010. »

Nicola Large, Insynergy

Insynergy names Nicola Large commercial director

Investment manager Insynergy has appointed Nicola Large as commercial director. »

Orange juice

Mistral Equity Partners acquires Country Pure Foods

Harris Williams has acted as exclusive adviser to Country Pure Foods, a portfolio company of First Atlantic Capital and DN Partners, in its sale to Mistral Equity Partners. »

Shad Azimi, managing partner of Vanterra Capital

Vanterra Capital and C Change launch Transformative Energy & Materials Fund

Vanterra C Change Transformative Energy & Materials Fund I launched with a USD100m initial close earlier this month, led by anchor investor Vanterra Capital in partnership with C Change Investments. »

Internet

American Capital receives USD12m in proceeds from Narus exit

American Capital has sold its portfolio company Narus to Boeing for proceeds of USD12m. »

Software

WinSonic completes USD5m funding facility with Roswell Capital

WinSonic Digital Media Group, a facilities-based digital media company, has completed a USD5m equity funding facility with Georgia-based Roswell Capital Partners. »

Tim Levy, chief executive of Future Capital Partners

Future Capital chief executive set for Northwest Passage expedition

Tim Levy, chief executive of GBP6bn alternative investment firm Future Capital Partners, is about to embark on a expedition led by Bear Grylls through the Northwest Passage. »

Ahmed Heikal, chairman and founder, Citadel Capital

Citadel Capital reports 5.3 per cent growth in total net asset value per share

Citadel Capital, a private equity firm in the Middle East and Africa, has reported a 5.3 per cent rise in total net asset value per share for the second quarter of 2010. »

Scalpel

China medical devices business raises USD40m from private equity investors

The medical devices business of Golden Meditech Holdings, a China-based healthcare enterprise, has raised USD40m from private equity investors. »

IT security

Summit Partners invests USD100m in Avast Software

Growth equity investor Summit Partners has invested USD100m in Avast Software, the developer of an antivirus programme, for a minority stake in the company. »

Judy Lee, corporate partner in Appleby’s Hong Kong office

Appleby advises Bright Smart on Hong Kong Stock Exchange listing

Offshore firm Appleby has acted as the Cayman Islands counsel for Bright Smart Securities & Commodities Group in relation to its listing on the Hong Kong Stock Exchange on 25 August 2010. »

Ian Pearson, Maven Capital Partners

Former Treasury Minister to join Maven Capital Partners

Ian Pearson, the former Treasury and Business Minister and chief executive of a private equity and consultancy company, has been appointed as a senior adviser to Maven Capital Partners. »

Eric Jungblut, partner at Finatem

Finatem acquires Techno-Physik Group

Finatem, a lower mid-market German private equity firm, has acquired Techno Physik Group from E.G.O. Blanc & Fischer Goup, a supplier of household appliances. »

Stephen Dyke, Riverside partner

Riverside exits Virginia-based window film manufacturer

Private equity firm Riverside has exited its investment in SunTek Holding dba Commonwealth Laminating & Coating. »

Oil

Klesch to purchase Heide refinery from Shell

Investment office Klesch has agreed to acquire the Heide refinery, associated chemicals, bitumen and distribution infrastructure as well as related marketing businesses from Shell for an undisclosed purchase price. »