Latest News
Harris Williams & Co has advised Cogent Healthcare, Inc over its merger with Hospitalists Management Group, LLC (HMG), a portfolio company of AEA Investors LP (AEA). The transaction closed on May 4, 2011.
The transaction was executed by Turner Bredrup, Cheairs Porter, Andy Dixon, and Dusty Lieb from the firm’s Healthcare & Life Sciences (HCLS) Group.
“The hospitalist sector is the fastest growing medical specialty in the US, and we continue to see strong M&A deal flow in the space as hospitals seek to more effectively manage risk within the post-reform environment and Accountable Care Organizations (ACOs)," says
A return of the sellers’ market, and increased deal flow – these are among the headline findings of the CMS European M&A Study 2011 launched today.
The study analyses exclusive data compiled from more than 1,000 of its own M&A deals since 2007, including some 300 deals in 2010 alone. The Study shows a clear shift back toward sellers, following last year’s significant swing toward buyers.
“During 2010, we saw a 25 per cent increase in the number of M&A deals compared to 2009, a trend which is continuing into 2011,” said Thomas Meyding, Head of the CMS Corporate
Independent fund administration company Apex Fund Services is to open its first office in Australia. The Apex Sydney office has been launched following the acquisition of Lazorne Fund Administration Service from Lazorne Group Pty Ltd.
Apex also intends to open an office in Melbourne during the second half of this year which will be a specialist independent administration business aimed at servicing superannuation funds. Apex intends to grow its Australian offices to 100 people within five years.
Under the terms of the acquisition, Apex will begin providing fund administration services to Lazorne’s existing investment managers and at the same time
Octopus Investments has hired Simon Reynolds into its Multi Manager team. He will be working alongside fund managers Colin Lunnon and Bish Limbu and will be adding to the idea generation and research process across all asset classes. He will gradually take over some of the day to day portfolio management responsibilities in support of Colin and Bish.
Reynolds joins from the Australian multi manager Ipac, part of the AXA Group. Simon began his career at Mercer before joining AXA’s multi manager team in 2002. Before leaving for Australia in 2005, Simon worked alongside Colin and Bish in the Barclays
Specialist finance and advisory firm Trafalgar Capital Advisors has closed a USD1m secured revolving credit facility for Crystal Clear Pools LLC, a leading US-based intrastate service provider of pool cleaning and maintenance services with 25 years experience.
The loan facility has been provided through the TCA Global Credit Master Fund LP, TCA’s master feeder fund that seeks to finance small, growing, private and listed companies. This loan should assist Crystal in its growth, as well as help the company even out its seasonal funding needs.
Craig Applebaum, CEO of Crystal Pools says: "We are glad that TCA saw
Monroe Capital has provided funding of a USD15 million senior credit facility to Applied Merchant Systems West Coast, Inc. Monroe Capital’s loan facility was used to refinance existing debt, repurchase common stock, and provide ongoing working capital. Monroe Capital also provided a committed acquisition facility to the company as part of its financing.
Applied Merchant Systems, based in Oxnard, California, is an Independent Sales Organisation (ISO) and a leading provider of diversified products and services to the trillion dollar electronic merchant transaction processing industry and provides processing services to merchants that include authorisation, transaction capture, settlement, chargeback handling, and internet-based
ECI Partners (ECI), the UK mid-market private equity firm, has invested in CarTrawler, the Dublin-based provider of online car rental distribution systems. In addition, Mike McGearty, the former COO of CarTrawler, has been announced as the new Chief Executive who will lead the next stage of the business’s development.
Bobby Healy will continue as the company’s CTO and Niall Turley will remain Director of Supply. The funding from ECI will be used to support the continued growth of CarTrawler organically and through acquisition and Chris Watt, Director at ECI, will join the board. Richard Prosser will join the board
River Associates Investments has sold its interest in Coining Holding Company to AMETEK for USD148 million, in a transaction that generated a gross internal rate of return of 76% and over six-times its original investment.
Headquartered in Montvale, NJ, with facilities in Malaysia and Morocco, Coining is the global manufacturing leader of highly engineered, custom-shaped solder and brazing performs used for joining applications in microelectronics packaging and assembly. River’s investment in Coining was the largest equity investment made through River V, LP which had a final closing in January of 2006.
River made a controlling investment in Coining in August
CHG Participations and PAI Partners entered into exclusive negotiations with the American fund JC Flowers & Co regarding the sale of their holdings in CEP, Compagnie Européene de Prévoyance, a French leader in loan insurance broking. The founding president of CEP, Hubert Guillard, and the managers will reinvest in J.C Flowers & Co.
Ashurst LLP advised CHG Participations and Hubert Guillard with partners Nicolas Barberis and Guy Benda for the corporate aspects, assisted by associate Julien Rebibo and partner Diane Sénéchal and associate Stéphanie Vannier for the financing aspects. Partner Nadine Gelli managed the tax aspects.
Willkie Farr &
Berkshire Partners LLC, the Boston based private equity firm, and OMERS Private Equity Inc., the private equity arm of the OMERS Worldwide group of companies, have signed a definitive agreement to jointly acquire Husky International Ltd and its subsidiaries (Husky) from Onex Corporation and its affiliated funds.
Headquartered in Bolton, Ontario, Husky is a leading global supplier of injection molding equipment and services to the plastics industry. The company, led by President and Chief Executive Officer John Galt, designs and manufactures a broad range of injection molding machines, hot runners, moulds and integrated systems. Husky’s equipment is used to manufacture
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
