Category: Mergers/Acquisitions

High Road Capital Partners’ Advanced Sleep Completes Acquisition

High Road Capital Partners’ portfolio company Advanced Sleep Medicine Services, has completed the acquisition of Pacific Sleep Medicine Services, a provider of sleep disorder diagnostic services with laboratory facilities throughout southern California. The acquisition closed on February 17, 2012.

CIT Arranges Financing in JLL Partners’ American Dental Acquisition

CIT Healthcare served as joint lead arranger and joint bookrunner for the financing transaction in support of JLL Partners’ acquisition of American Dental Partners. CIT underwrote $80.3 million of the $241 million financing in support of the go-private transaction. Financing was provided by CIT Bank.

ING Buy Vaults Capital One to Fifth Largest Depository in U.S.

The Fed issued an order approving Capital One’s acquisition of ING’s U.S. online bank, which will add $82 billion in deposits. As result of the merger, Capital One will become the fifth largest depository in the U.S. with consolidated deposits of about $210 billion.