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.
Morgenthaler Private Equity announced that it has completed the sale of Phillips & Temro Industries, a manufacturer of diesel engine components.
SSG Capital Advisors acted as the exclusive investment banker to Weaber in the sale of substantially all of its assets to an affiliate of Resilience Capital Partners.
D.A. Davidson & Co. announced it has acquired McGladrey Capital Markets, an investment banking firm headquartered in Costa Mesa, CA.
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.
High Road Capital Partners has sold Milwaukee Gear Company for $80 million, marking the first exit for the firm’s debut fund, High Road Capital Partners Fund I.
H.I.G. Capital has completed the sale of Service Net to Chartis U.S., a wholly owned subsidiary of American International Group. H.I.G. Capital completed the transaction in partnership with Bayside Capital.
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 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.
Midwest Business Credit, a wholly owned subsidiary of Q Lotus Holdings has concluded a definitive agreement for the purchase of the assets and the business of Midwest Business Credit.