John Thomas Financial, an independent broker/dealer and investment-banking firm located in New York City’s Financial District, today announced its participation has raised USD40m in a private equity placement for Kadmon I, LLC, the investment vehicle for Kadmon’s operations, including Kadmon Corporation. Kadmon, headquartered in New York City, is a privately held biopharmaceutical company pioneering medicines in oncology, infectious diseases, immunology and other serious diseases. The Company currently commercializes products for the treatment and management of hepatitis C and is advancing a robust pipeline of therapeutic candidates in various stages of development. Proceeds from the equity placement will support Kadmon Corporation’s

Bound Tree Medical has acquired Alliance Medical, Inc (AllMed). The acquisition advances Bound Tree Medical’s initiative to provide its customers with leading-edge equipment, supplies, pharmaceuticals, and value-added services.   Alliance Medical is a specialty distributor of emergency medical services (EMS) products, supplies, equipment and clothing. Headquartered in Jefferson City, Missouri, the company serves customers in more than 30 states. Bound Tree Medical’s acquisition of Alliance Medical further extends its national footprint and expands its portfolio of specialty medical products to the EMS market. “Our customers will be in good hands with Bound Tree Medical,” says Larry Dahl, founder and chief

Stanmore Implants (Stanmore), specialists in the design and manufacture of patient specific implants for complex orthopaedic reconstructions, has received GBP4m in equity investment from Imperial Innovations Group plc.
 
 This news follows the announcement in June that Stanmore had received US FDA 510k approval for its Juvenile Tumour System (JTS) non-invasive extendible distal femoral replacement (JTS implant), for use in paediatric orthopaedic oncology surgery.  Stanmore is now launching the JTS in the United States market and the proceeds will be used in part to help build a specialist sales force for this important product.  The proceeds will also be used

ECO Plastics (ECO), a leading European plastic bottle recycler backed by Disruptive Capital and SAM Private Equity, has raised GBP24m from Ludgate Environmental Fund Limited and Close Brothers to fund its expansion.   The financing will allow ECO to double its production of food-grade recycled material (rPET) for soft drinks bottles, increasing overall processing capacity from 100,000 tonnes to 140,000 tonnes of plastic bottles per year – equivalent to 420,000 bottles per hour or 2.8 billion bottles per year. This represents just under half of the total plastic bottle recycling in the UK last year. Alongside a joint venture valued

JMI Equity, a private equity firm focused on investing in software, internet and business services companies, has made a strategic growth investment in BrightLine a leading producer of marketing services in the interactive TV space. Headquartered in New York City, BrightLine develops and executes advanced TV marketing strategies for global consumer products companies including Unilever, GlaxoSmithKline, Intuit, Cisco and Kellogg’s. The company’s proprietary process aggregates consumer behavior trends and measures program results across all cable, satellite and other TV platforms, providing a unique value to its clients that extends beyond traditional TV advertising. BrightLine transforms TV advertising into an effective,

Align Networks, Inc (Align) has received a significant investment from global growth equity firm General Atlantic LLC (General Atlantic). The transaction closed on July 18, 2011. Harris Williams & Co acted as the exclusive advisor to Align, a portfolio company of HIG Capital, LLC (HIG). The transaction was led by Turner Bredrup, Cheairs Porter and Michael Marcantonio of the firm’s Healthcare & Life Sciences (HCLS) Group, as well as David Kennedy from the firm’s Richmond office.   “Align is a remarkable company with a track record of rapid and consistent growth driven by its ability to provide a unique, value-added

Tikehau Capital Partners has acquired an interest through a share capital increase in Angelmar Corp, a subsidiary of Socatra Group for a total value of USD280m and is now the second largest shareholder in the owner of 37,000 DWT product tankers after Socatra. Angelmar Corp’s fleet is currently made of six 37,000 DWT product tankers built by the Hyundai Mipo, a Korean shipyard. These product tankers are chartered by first class operators for an initial three year period. The capital increase will allow Angelmar Corp. to acquire two new similar product tankers to be delivered in October 2012 – January

HarbourVest Acquisition GmbH has extended its initial offer period for all bearer shares of Absolute Private Equity Ltd (Absolute) currently in circulation, until 26 July 11. This extension is due to an order of the Swiss Takeover Board (TOB) dated 15 July 2011, in which the TOB confirmed that the offer as amended on 14 July 2011 complies with the statutory provisions relating to public tender offers. In the order, the TOB instructed the board of directors of Absolute to publish an addendum to its additional report of 13 July 2011 in which the board of Absolute states the reasons it