INVESTOR NETWORK UPDATE:
Investor Network Nights to pre-view several deals that are semi-finalist. Webinar Jan. 9th and register at GoToWebinar URL:
https://attendee.gotowebinar.com/register/3441837879236909568
Today we profile Keller Williams Commercial deals. Mark Huhes, Managing Director, for KW Commercial will provide a commercial deal at 20% loan to value. Mr. Hughes has over 30 years of experience covering all aspects of commercial real estate brokerage, development, marketing, finance, and management. He has made extensive development and civic contributions to San Diego County.
DEALS THAT CLOSED:
Blue Equity has acquired a controlling stake in The Antilles Group Ltd., the licensed user of Shell brands in the country of Jamaica, from the Rubis Group (Paris: RUI). No financial terms were disclosed.www.blueequity.com
Corridor Capital has acquired three California-based specialty manufacturing companies from Churchill ESOP Capital Partners: Wetmore Tool & Engineering Inc. (China), US Industrial Tool & Supply(Gardena) and Arvan Inc. (Gardena). No financial terms were disclosed. www.corridorcapital.com
Dyal Capital Partners, a private equity fund managed by Neuberger Berman Group, has acquired a minority stake in Scopia Fund Management, a hedge fund manager with approximately $3.4 billion of assets in long/short equity strategies. No financial terms were disclosed. http://www.nb.com
H.I.G. Capital has completed a recapitalization of Big Tex Trailer Manufacturing, a Mt. Pleasant, Texas–based maker of open utility, equipment, horse, livestock and cargo trailers and truck beds. No financial terms were disclosed. www.bigtextrailers.com
Irving Place Capital has acquired a minority equity stake in Rag & Bone, a New York-based maker of high-end men’s and women’s apparel. No financial terms were disclosed. Peter J. Solomon & Co. served as placement agent. www.rag-bone.com
Koch Eye Associates, a portfolio company of Candescent Partners, has acquired Eye Health Vision Centers, a provider of vision health services in Southeastern Massachusetts. No financial terms were disclosed. Candescent led the round, and was joined by co-investors Eagle Private Capital, First New England Capital, Bay Capital, Pine Street Capital Partners and Plexus Capital. www.kocheye.com
NEX Performance Films, a portfolio company of Mason Wells, has acquired Charter Films Inc., a manufacturer of plastic films. No pricing terms were disclosed. US Bank led senior debt financing and Northwestern Mutual Life Insurance Co. provided mezzanine financing. www.nex-films.com
Potpourri Group Inc., a portfolio company of American Capital, has acquired Cuddletown Inc., a Portland, Maine-based multi-channel retailer of high-end bedding products. No financial terms were disclosed. www.cuddledown.com
PRV Aerospace, an Everett, Wash.-based portfolio company of Court Square Capital Partners, has acquired Astro Star Inc., a City of Industry, Calif.-based maker of components and assemblies for the commercial and military aerospace industries. No financial terms were disclosed, except that debt financing was provided by GE Antares Capital and Ares Capital. www.prvaerospace.com
RLJ Equity Partners has acquired R. Thompson Trucking Inc., a provider of trucking and other transportation services in Virginia and North Carolina, from Linx Capital Partners. No financial terms were disclosed. www.thompsontruckinginc.com
Rock Hill Capital Group has acquired Core International LLC, a Houston, Texas-based maker of rubber components like oilfield elastomer products. No financial terms were disclosed. www.oilpp.com
Segulah has agreed to acquire Beerenberg Holding AS, a provider of maintenance services for the onshore and offshore oil and gas industries with a focus on the Norwegian Continental Shelf, from Herkules Capital. No financial terms were disclosed, except that Beerenberg’s 2012 revenue was approximately $267 million. www.segulah.se
Welsh, Carson, Anderson & Stowe has acquired GetWellNetwork, a Bethesda, Md.-based provider of interactive patient care solutions. No financial terms were disclosed. GetWellNetwork had raised over $17 million in VC funding from firms like Valhalla Partners, GrosvenorFunds, Johnson & Johnson Development Corp., Point Judith Capital and Village Ventures. www.getwellnetwork.com
Happy Investing and Networking,
JD Morris
Visit me on LinkedIn: www.linkedin.com/in/jdmorris
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