Allocations
Brentwood Associates, a consumer-focused private equity investment firm, has acquired Marshall Retail Group, headquartered in Las Vegas, Nevada.
Marshall Retail Group is a specialty retailer for high-foot-traffic marketplaces with locations in major casino-hotels and airports across the US. The company is led by chief executive officer Michael C Wilkins, who will continue to lead the business going forward.
Founded in 1955, Marshall Retail Group operates 155 retail locations across 10 states and Washington DC.
Wilkins says: “Brentwood is an important strategic partner that truly understands our business. We are eager to call on their expertise in retail and
Edmond de Rothschild Investment Partners’ (EdRIP) BioDiscovery 3 portfolio company, Sapiens Steering Brain Stimulation (Sapiens SBS), has been acquired by Medtronic for approximately USD200 million in cash.
Sapiens SBS, located in Eindhoven, The Netherlands, is developing a DBS system that features an advanced DBS lead with 40 individual stimulation points. This advanced system is designed to allow more precise stimulation of the intended target in the brain and may potentially result in reduced procedure time and fewer stimulation-induced side effects.
Employees at the Eindhoven facility will continue to work toward bringing this technology to market. In the future, the
Edmond De Rothschild Investment Partners’s (EdRIP) BioDiscovery 3 portfolio company, Covagen AG, has been acquired by Cilag GmbH International, an affiliate of the Janssen Pharmaceutical Company.
Covagen is a privately-held, biopharmaceutical company specialising in the development of multi-specific protein therapeutics through the FynomAb technology platform. The company's lead product, COVA322, a bispecific anti-tumour necrosis factor (TNF)-alpha/anti-interleukin (IL)-17A FynomAb is in Phase 1b study for psoriasis and holds potential as a treatment for a broad range of inflammatory diseases including rheumatoid arthritis.
Covagen develops FynomAbs, multi-specific protein therapeutics by fusing its fully human Fynomer binding proteins to antibodies. Fynomers are
Harris Williams & Co has advised Mister Car Wash, a portfolio company of private equity platform ONCAP, on its sale to private equity firm Leonard Green & Partners.
Harris Williams acted as lead financial advisor to Mister Car Wash.
The transaction, which closed on 21 August, was led by Joe Conner, Jason Bass, Jershon Jones and Jeff Kidd of Harris Williams’s transportation and logistics group, and Chris Williams from the firm’s Richmond office.
“Mister Car Wash has established itself as the premier operator in the car wash and lube centre industry. Leonard Green’s longstanding experience with world-class multi-site
2013 was a year of strong private equity exit activity in the Central and Eastern Europe (CEE) region, the third highest on record, according to the European Private Equity and Venture Capital Association (EVCA).
Unlike the previous two record years, 2013 was not dominated by one or two large disposals.
In addition, 88 companies were exited, the highest number in the past seven years. However, both fundraising and investment activity fell relative to 2012. Despite this, the region continues the trend seen since 2010 for a year-on-year increase in the number of companies receiving private-equity backing, which increased by
Highland Capital Management has launched a non-traded product line with a publicly-registered business development company (BDC) NexPoint Capital.
The BDC will be the industry’s first healthcare-focused fund of its kind with a target raise of USD1.5bn in capital for investing primarily in medium-sized businesses.
NexPoint Capital represents Highland’s initial non-traded product with the company announcing plans to introduce additional non-traded products later this year. The BDC will be distributed by Highland Capital Funds Distributor and will be led by Brad Ross, president of Highland Funds, and Brian Mitts, chief operating officer of NexPoint Advisors and head of business development
Private equity firm GTCR has completed the acquisition of Cole-Parmer Instrument Company from Thermo Fisher Scientific.
Cole-Parmer, headquartered in Vernon Hills, Illinois, is a manufacturer and distributor of specialty laboratory equipment, instruments and supplies to a diverse range of customers in pharmaceutical, biotech, healthcare, chemicals, food and other research-based or regulated markets.
GTCR is partnering with life science industry veteran Bernd Brust to carve-out the business from Thermo Fisher and position the business for future growth.
Brust, former CEO of Qualicaps and, previously, chief commercial operations officer of Life Technologies Corporation (acquired by Thermo Fisher in 2014), will
Sensata Technologies is to acquire the Schrader group of companies from private equity firm Madison Dearborn Partners for a total enterprise value of USD1.0 billion.
Schrader specialises in tyre pressure monitoring sensors (TPMS).
The transaction provides TPMS and additional low pressure sensing capabilities that address large and fast growing sensing markets and adds to Sensata's industry-leading sensing position.
The transaction is subject to regulatory approval and is expected to close during the fourth quarter of 2014.
Schrader is headquartered in Denver, Colorado and has sales and engineering offices in the US, the UK, Germany, China, Japan and
Private equity firm Bregal Partners is teaming up with Dental Partners to acquire general dentistry-focused practices that have USD5 million to USD25 million in revenue in the Southeast, Texas and Midwestern geographies.
Post-acquisition, Dental Partners intends to support the growth of these practices through further in-market, small acquisitions.
Founded by Todd Christie, Dental Partners is a general dentistry-focused dental practice management platform operating in Tennessee, Kentucky, Florida, and Georgia. Christie started Dental Partners in 2011 with his acquisition of a single clinic in Tennessee, and the company has since grown to 20 clinics via acquisition.
A dentist himself,
Private equity firm Intervale Capital has acquired Recapture Solutions from Triten Corporation.
Recapture provides flare reduction and natural gas power solutions to oil and gas production companies in the Permian, Williston (Bakken) and DJ (Niobrara) basins.
Intervale is a private equity firm which invests exclusively in oilfield manufacturing and service companies.
In association with the transaction, Jason Arnoldy has been named chief executive officer of Recapture and Cary Ratterree has been named president. They co-founded Recapture in 2012.
Arnoldy says: "Since inception, Recapture's goal has been to provide a gas capture solution that offers a clear economic benefit
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
