Resilience Capital Partners, a Cleveland-based private equity fund, has announced the acquisition of the Heavy-Duty Division of Vista Pro Automotive through its newly formed entity, Thermal Solutions Manufacturing.
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 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.
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.
JLL Partners and American Dental Partners announced that JLL, through its affiliated entities, completed its acquisition of the company. JLL has secured committed debt financing from KeyBank, CIT Healthcare and NXT Capital to finance the acquisition.