Platinum Equity has agreed to acquire Toronto-based Livingston International, an international trade services firm. No financial terms were disclosed. Livingston specializes in customs brokerage, freight forwarding and trade consulting. Latham… read more →
UniCredit has sold its stake in SwanCap Partners to Ardian. No financial terms were disclosed. Based in Munich, Germany, SwanCap is a private markets investment management firm. PRESS RELEASE UniCredit… read more →
Aquiline Capital Partners LLC has agreed to acquire Walnut Creek, California-based Relation Insurance Services, an independent insurance broker. The sellers are Parthenon Capital and Century Equity Partners. No financial terms… read more →
Caisse de dépôt et placement du Québec said Feb. 21 that it has invested in Allied Universal. CDPQ’s investment includes about $400 million of capital to Allied. Investors currently include… read more →
Canyon Capital, which had offered to buy Navient Corp, has withdrawn its expression of interest for the student loan servicer, according to an SEC filing. Canyon also notified Navient of… read more →
By Jordan Myers, Alston & Bird The framework for defining EBITDA in middle-market credit agreements is often portable from one industry to another. But the one-size-fits-all approach does not work… read more →
Apax Partners said Feb. 21 that it sold its stake in AssuredPartners to an investor group led by GTCR. Financial terms weren’t announced. Apax is coinvesting in the deal and… read more →
Pfingsten has acquired Pleasanton, California-based Full Spectrum Group, a provider of repair, maintenance and validation services for laboratory instrumentation. No financial terms were disclosed for the deal that was done… read more →
An investor group led by Upper Bay Infrastructure Partners has acquired Vancouver, Washington-based Tidewater Transportation & Terminals, a transportation and terminal company. The seller was Stonepeak Infrastructure Partners. No financial… read more →
Blue Sage Capital has made an investment in Des Moines, Iowa-based All-State Industries, a manufacturer of non-metallic components for OEMs. No financial terms were disclosed. PRESS RELEASE AUSTIN, Texas–(BUSINESS WIRE)–Blue… read more →