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Managers

CIT Serves as joint lead arranger in USD135m senior secured credit facility to support Arlington Capital Partners’ acquisition of Avalign Technologies

CIT Healthcare Finance served as Joint Lead Arranger in a USD135 million senior secured credit facility to support Arlington Capital Partners’ (Arlington Capital) acquisition of Avalign Technologies (Avalign). Arlington Capital is a Washington, DC-based private equity firm. Headquartered in Lake Forest, IL, Avalign is a premier, full-service, precision manufacturer of

WuXi PharmaTech in USD3.3bn merger agreement

WuXi PharmaTech (Cayman) Inc (WuXi) has entered into a definitive Agreement and Plan of Merger  with New WuXi Life Science Limited (Parent) and WuXi Merger Limited (Merger Sub), a wholly owned subsidiary of Parent. Pursuant to the Merger Agreement, Parent will acquire the Company for cash consideration equal to USD5.75 per

Restoration Partners secures backing for We Are Briqs

Restoration Partners, the London-based technology-focused merchant bank, has secured start-up funding for We Are Briqs. A member of the Restoration Alpha Angels network, who is an experienced and successful investor in Fintech companies, has provided the backing. We Are Briqs delivers white-label, plug-and-play solutions for retail banking. Their products create

Equistone’s Concept Life Sciences acquires CXR Biosciences

Concept Life Sciences, a scientific laboratory and consultancy group has acquired CXR Biosciences as it continues its acquisition spree in the fast-growing CRO market. This marks its fourth acquisition since the Manchester-headquartered company was formed last year following investment from European private equity firm Equistone Partners Europe. The group acquired

Announcement

MPH Ventures to acquire interest in Travelucion

The closing date for MPH Ventures’ acquisition of a 20 per cent interest in Travelucion SL in exchange for common shares of MPH Ventures and USD100,000 in cash with an option to acquire the remaining 80 per cent interest, has been extended to 30 September. Travelucion is a cash-flow positive

TPG Capital and Leonard Green Partners to acquire majority stake in Ellucian

Ellucian, the leading global provider for higher education software and services, today announced that TPG Capital (TPG) and Leonard Green Partners are to acquire a majority interest in highetr education software and services provider Ellucian from Hellman & Friedman (H&F) and co-investor JMI Equity.   “We are delighted to welcome

Serruya Private Equity Group acquires Sani-Service

Toronto-based private equity firm Serruya Private Equity has acquired Sani-Service the Canadian subsidiary of Swisher Hygiene Inc. "We are excited about this opportunity to foster the growth of a great Canadian service company. We see many opportunities to grow both organically and by leveraging Sani-Service as a platform to make

Michelin acquires Meyer Lissendorf Group

Michelin has acquired the Meyer Lissendorf Group, a car tyre wholesale specialist based in Germany. The acquisition is still subject to clearance by the German and Austrian competition authorities. The parties agreed not to disclose further details. A team from CMS Germany headed by lead partner Dr Oliver Wolfgramm advised

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