An affiliate of Los Angeles-based private equity firm Aurora Capital Group has reorganised and acquired a majority ownership position in Lexington Precision. Lexington manufactures tight-tolerance rubber components for use in medical, automotive and industrial applications. Medical products include injection sites for intravenous feeding systems, plunger tips for syringes and seals

Channel Islands law firm Carey Olsen has advised Bellzone Mining on its listing on the Alternative Investment Market of the London Stock Exchange. Bellzone is a Jersey registered holding company for a group of companies with large scale iron ore deposits and exploration assets in Guinea. The company, which was

Maven Capital Partners has completed two exits on behalf of Capital for Enterprise Fund A. The GBP75m Capital for Enterprise Fund is a government backed initiative launched in 2009 to help small to medium sized enterprises gain access to the financial support required to bridge the funding gap caused by

Private equity firm SunTx Capital Partners acquired a majority interest in Carolina Beer & Beverage, an independent contract beverage manufacturer based in Mooresville, North Carolina. Financial terms of the transaction were not disclosed. Carolina Beer & Beverage was founded in 1997 by J. Michael Smith and John Stritch. The duo

Overall US private equity performance showed positive returns across all investment horizons and turned sharply positive in the one-year time horizon for the period ending 31 March 2010, according to Thomson Reuters. With improving stability in the broader capital markets and a return for venture capital and private equity IPO

Mountain Acquisition and Mountain Merger Sub, affiliates of Vestar Capital Partners V formed for the purpose of acquiring HealthGrades, have commenced a tender offer to acquire all of the outstanding shares of HealthGrades’ common stock for USD8.20 per share in cash. The aggregate purchase price for the equity of HealthGrades

MerchantBridge, a direct investment and private equity company, has signed and agreed terms to invest in Monaco Luxury Hotels & Resorts in a USD20m transaction. This is the second investment by MerchantBridge this year, following its acquisition of the 15-year lease of the Kerbala Cement Plant in conjunction with Lafarge. 

Dahlman Rose, an investment bank specialising in natural resources, transportation and other industries in the global supply chain, has, subject to regulatory approval, entered into a definitive agreement to receive a USD40m minority investment from private equity firm Lovell Minnick Partners.  Dahlman Rose plans to use the proceeds for further

Hudson Ferry Capital, a New York-based private equity firm, has received its license from the Small Business Administration to operate Hudson Ferry Capital II as a small business investment company. Hudson Ferry Capital II is now a USD100m small business investment company focused on making buy-in investments in established, family-owned