Investment firm Crescent Capital Group said it raised more than USD 3.4 billion for its sixth fund, Crescent Mezzanine Partners VI.
Deals
Blackstone to sell La Quinta
Blackstone Group stated it would be selling the La Quinta hotel chain through either a public shares offering or a private sale of the company.
Versa Capital buys Hatteras/CABO
Versa Capital Management stated it had acquired Hatteras/CABO from the Brunswick Corporation for an undisclosed amount.
Siemens to sell water technologies unit
Sources said Siemens is selling water technologies unit to private equity firms. Sources close to Siemens AG revealed private equity firms have zeroed in on the company's water technologies business unit.
Kelt Exploration raises US$99.6 million
Kelt Exploration revealed that it had signed flow-through share equity and common share financing agreements with underwriters worth US$99.6 million.
Latest News
Montreal-based TVM Life Science Ventures VII managed by international venture capital company TVM Capital Life Science invested in Ixchelsis Ltd, a startup based in the UK.
Private equity firm GTCR announced the partnership it formed with Ed Fiorentino for the formation of Crealta Pharmaceuticals Inc.
Marlin Equity Partners bought Asset Control for an undisclosed amount. Marlin Equity Partners bought Asset Control for an undisclosed amount. The latter provides financial institutions around the world with solutions for data management.
Chicago-based UrbanBound announced that it raised a total of USD 5 million in its Series A round. Chicago-based UrbanBound announced that it raised a total of USD 5 million in its Series A round.
Persistence Capital Partners (PCP) saw its exclusive investments in the Canadian healthcare sector pay off.
Airbus partnership with easyJet paid off as the low-cost carrier based in the UK helped the aircraft manufacturer inch closer to the 2013 target set by its parent company, the European Aeronautics Defence and Space Company (EADS).
Mivan, the Northern Ireland-based specialist contractor, clinched deals totaling GBP 20 million from its clients in London and Saudi Arabia.
Acquisitions and high profit margins boosted the profits of Rotork Plc to 12% in the first half of this year.
Warm weather and sporting victories boosted sales of retailers in the UK this July. Warm weather and sporting victories boosted sales of retailers in the UK.
