Philippe Guillemot has been appointed Chief Executive Officer of  Eurazeo-owned Europcar Groupe with effect 1 April, 2010.   Guillemot succeeds Salvatore Catania, who is leaving his operational role after 35 years with the company. Catania will become Special Advisor to the new CEO to ensure a smooth transition and will

The Carlyle Group and Environmental Defense Fund have launched EcoValuScreen, a business review process that aims to enhance environmental management at potential investments. The analytic tool was developed in partnership with The Payne Firm, an international environmental consultancy. EcoValuScreen goes beyond the traditional focus of risk mitigation during the due

Ares Capital says all four independent proxy advisory firms have recommended that its stockholders vote in favour of the proposals for its pending merger with Allied Capital to be voted on at its special meeting of stockholders on 26 March 2010. The proxy advisory firms issuing reports are RiskMetrics Group,

Brilla Group, a real estate private equity firm focused on acquiring luxury beachfront hotels and resorts in South Florida, the Caribbean and Mexico, has acquired Richard J Cotter & Associates, a boutique hotel consulting group. The consulting group is led by veteran hotel asset manager, Richard J. Cotter, who joins

Starwood Capital Group, TPG Capital and Five Mile Capital Partners have reached an agreement to invest up to USD905m in Extended Stay Hotels as part of a recapitalisation plan that would allow the hotel chain to emerge from bankruptcy. The proposal, which was filed with the US Bankruptcy Court, Southern

Parafin and a private equity firm have both signed a term sheet whereby the private equity firm, based out of Wilmington, Delaware, will commit to purchase up to USD6m of shares of common stock of Parafin. The investor is a private equity firm that invests capital into companies in the

Arsenal Capital Partners, a New York-based private equity firm, has entered into a definitive agreement with Eastman Chemical to sell its portfolio company Genovique Specialties, a provider of benzoate plasticizers. Genovique Specialties is a producer of benzoic acid, sodium benzoate and specialty plasticizers that are performance based solutions for the

Hercules Technology Growth Capital, a finance company providing venture debt and equity to venture capital and private equity-backed technology and life science companies, has acquired all of the assets of Spa Chakra via its newly formed entity Spa Chakra Acquisition. Spa Chakra is a provider of health and wellness care