JD Byrider, the Indianapolis-based leading used car sales and finance business, has been acquired by private equity firm Altamont Capital Partners (Altamont). With a long-term investment horizon, Altamont will provide strategic direction, experienced resources and additional capital to support the company’s growth and franchisee expansion initiatives. The acquisition of JD

A joint venture formed by Cerberus Capital Management and Chatham Lodging Trust has been selected as the winning bidder in the bankruptcy court auction related to 64 Innkeepers USA Trust hotels. Under the terms of the winning bid, the newly-formed joint venture agreed to purchase the hotels for a total

Plymouth Management Company (PMC) has mad a third investment – via Plymouth Venture Partners Fund II – in Lynx Network Group of Kalamazoo, Michigan.   Lynx Network Group is a full service telecommunications company specialising in advancing high-speed next generation infrastructure in tier two and tier three markets where traditional

Kingdom Zephyr Africa Management Company (“Kingdom Zephyr” or “the firm”), the pan-African private equity firm, has opened a new office in Lagos, Nigeria.

 The expansion of Kingdom Zephyr’s activities into Nigeria, Sub-Saharan Africa’s most populous country and second largest economy, is seen as an important strategic move for the firm.

Both North America and Europe are expected to see significant growth in their domestic private equity markets, according to the newly released Transatlantic Private Equity survey conducted by mergermarket and Duff & Phelps, the financial advisory and investment banking firm. In late 2010, Duff & Phelps commissioned mergermarket to interview

EIG Global Energy Partners (EIG), has announced the successful final close of Energy Fund XV (Fund XV), the firm’s most recent flagship investment fund.   Fund XV is the largest fund in EIG’s history and includes capital commitments from 187 limited partners from 13 countries. Institutional investors domiciled outside the

The world’s largest network of premium home furnishings, gift and home décor showroom and exhibition space has been launched following an unprecedented USD1bn investment by Bain Capital Partners and a subsidiary of investment funds managed by Oaktree Capital Management. The newly formed International Market Centers unites iconic showroom assets in

Investors put EUR1.1 billion into 182 deals for European companies during the first quarter of 2011, marking an 18% increase in investment but a 35% drop in deals from the same period last year, according to Dow Jones VentureSource. This represents the lowest quarterly deal count for Europe since VentureSource

I2BF, the international clean technology asset management group, has completed its second investment within the UK by participating in the class C Ordinary Share financing of ACAL Energy Ltd. Other investors in the company include Carbon Trust Investment Partnership and Solvay SA. ACAL Energy (ACAL) is a UK based developer

Mistral Equity Partners, a private equity firm focused on the consumer and media sectors, has acquired Worldwise, Inc, a supplier of environmentally friendly pet products and accessories. The company’s products are developed primarily from natural, certified organic, reclaimed or recycled materials, and are sold through major retailers in the mass,