Category: Mergers/Acquisitions

Audax Group Announces Sale of A-D Technologies

Audax Group has completed the sale of A-D Technologies to CHS Private Equity V, a fund managed by CHS Capital. Audax formed A-D Technologies in March 2007 through the simultaneous acquisitions and merger of ARNCO and Dura-Line.

Wells Fargo Completes Burdale Acquisition

Wells Fargo & Company announced that Wells Fargo Bank has completed its acquisition of Burdale Financial Holdings Limited and the portfolio of Burdale Capital Finance from Bank of Ireland. The transaction, officially announced on December 19, 2011, closed on February 1.

Lightyear Acquires Controlling Stake in Paradigm Acquisition

Lightyear Capital announced that an affiliated investment fund has acquired Paradigm Acquisition, a provider of outsourced catastrophic workers’ compensation case management services for insurance companies and self-insured employers. Harris Williams & Co. acted as an advisor to Paradigm.