Shorehill Capital LLC has acquired a majority ownership stake in Sharpsville, Indiana-based Functional Devices, a maker of relays, power supplies, transformers, sensors, enclosures and wireless devices for the HVAC, building… read more →
TZP Group has acquired Quest Events from Goldner Hawn and Tonka Bay Equity Partners LLC. No financial terms were disclosed. Based in Frisco, Texas, Quest is a provider of rental,… read more →
J.H. Whitney Capital Partners LLC has acquired Firebirds Wood Fired Grill from Angelo, Gordon & Co. LP. No financial terms were disclosed. NorthPoint Advisors served as financial adviser to Firebirds… read more →
Blackstone has acquired a minority stake in Annexus, a provider of annuities and insurance-based retirement products. No financial terms were disclosed. Houlihan Lokey served as financial adviser to Annexus on… read more →
Hastings Equity Partners has made an investment in Deer Park, Texas-based A&L Industrial Services, a provider of scaffolding, insulation and industrial coating services to refineries, petrochemical plants and liquified natural… read more →
Dallas-based Discovery Midstream Holdings II LLC, a midstream company, has secured an equity commitment of up to $1 billion. The investor is Stonepeak Infrastructure Partners. Hunton Andrews Kurth LLP was… read more →
M/C Partners has acquired Toronto-based Carbon60 Networks Inc and Vancouver-based Gossamer Threads Inc, both managed cloud services providers. Terms weren’t disclosed for the deal, which will see the companies combined… read more →
TriArtisan Capital Partners is in talks to buy P.F. Chang’s, a Chinese food restaurant, for as much as $700 million, Bloomberg is reporting. Centerbridge is the seller. TriArtisan is in… read more →
Cressey & Co LP has invested in HHAeXchange. Financial terms weren’t announced. HHAeXchange provides home care management software. PRESS RELEASE New York, NY, January 8, 2019 — HHAeXchange (“HHA” or… read more →
By Dan Shoenholz and Peter Gates, EY-Parthenon, Ernst & Young LLP In the healthcare sector, private equity is often viewed as a financial sponsor with limited impact on improving clinical… read more →