McKeown Joins Juniperus as CEO
Juniperus Capital Holdings, which is backed by Aquiline Capital Partners, said Monday that Chris McKeown has joined as CEO effective immediaqtely. Marsh & McLennan Cos. in April took a minority stake in Juniperus. McKeown succeeds Phil Lotz, who will remain executive chairman. McKeown was recently Vice Chairman of North America Broking at Guy Carpenter. PRESS...
Domtar Buys EAM Corp.
Domtar Corp. has acquired EAM Corp. The seller was Kinderhook Industries. Financial terms weren’t announced. EAM has two products, NovaThin and NovaZorb, that are used in personal care applications like feminine hygiene, adult incontinence and baby diapers. Derek Lewis, Darwin Olympia and Marshall Croft of Harris Williams advised EAM. PRESS RELEASE Harris Williams & Co., a...
Sun Capital Closes Sale of Fearman’s Pork
Sun Capital Partners said Friday that it has completed the sale of Fearman’s Pork to Sofina Foods. Financial terms weren’t announced. Fearman’s operates the largest pork processing plant in Ontario, Canada. PRESS RELEASE Sun Capital Partners, Inc. (“Sun Capital,”) a leading private investment firm specializing in leveraged buyouts and investments in market-leading companies, today announced...
Thoma Bravo Closes Sale of SonicWALL to Dell
Thoma Bravo earlier this week closed the sale of SonicWall to Dell. Financial terms weren’t announced. PRESS RELEASE Thoma Bravo, LLC, a leading private equity investment firm, announced today it has completed the sale of portfolio company SonicWALL, Inc., a leading provider of IT security and data backup and recovery solutions, to Dell Inc. (NASDAQ:DELL)....
Kinzer Joins BackOffice as CFO
BackOffice Associates said Wednesday that John Kinzer has joined as CFO while Rex Ahlstrom was named chief strategy officer. Mark Loan joins as BackOffice’s chief sales officer, according to a statement. BackOffice supplies data migration and information governance solutions. BackOffice is backed by GS Capital partners. PRESS RELEASE BackOffice Associates, LLC, a worldwide leader in...
Spire Capital Inks Sale of AssetNation
Ritchie Bros. Auctioneers has agreed to buy AssetNation in a cash deal valued at $64 million. The transaction is expected to close in May. Spire Capital Partners was the seller. AssetNation is an online marketplace and solutions provider for surplus and salvage assets. PRESS RELEASE Ritchie Bros. Auctioneers (NYSE and TSX: RBA), the world’s largest...
EveryMove Closes $2.6 Mln Financing Round
EveryMove has closed $2.6 million in Series A Financing from Premera Blue Cross, Blue Cross and Blue Shield of Nebraska and BlueCross BlueShield Venture Partners (managed through Sandbox Industries). Angel investors involved in the deal include Founders Co-op, Summit Capital, Jonathan Sposato, Geoff Entress, Matt Shobe, William Lohse, Andy Liu, Ken Kuntz, Josh Hug and...
USI Buys National Insurance Specialists
USI Insurance Services, which is backed by Goldman Sachs Capital Partners, has acquired certain assets of National Insurance Specialists. Financial terms weren’t disclosed. The buy is expected to contribute approximately $1.6 million in revenues to USI on an annual basis. PRESS RELEASE USI Insurance Services (“USI”) today announced the closing of the acquisition of certain...
