CIT Group Inc served as Lead Arranger in US$42 million worth financing for Garrison Investment Group.
Investors
Kroger to purchase Harris Teeter Supermarkets for US $2.5B
The 1330-year old company said it will purchase Harris Teeter and will assume its US $100 million debts.
Movable Ink names new vice president
Jason Valdina was named as Movable Ink's new vice president. Electronic mail marketing technology provider Movable Ink announced today that Jason Valdina is its new Vice President of Product.
MidOcean Partners Acquires Water Pik
MidOcean buys Water Pik Inc together with Vulcan Capital and other investors. MidOcean Partners along with other investors including Vulcan Capital has acquired Water Pik, Inc.
Intergenia expanis web hosting service through buyout
Intergenia buys Germany's web hosting firm internet 24 GmbH Web hosting and server solutions provider Intergenia announced today that it has bought internet 24 GmbH, a hosting services provider based in Germany.
Latest News
India's Union Minister of Finance P. Chidambaram went on a four day trip to sell India's investment market.
Genetics service provider InformedDNA received and investment from MPM Capital's Sun State Fund.
The EIB announced today that it will invest Lithuania's LNG project. The European Investment Bank announced today that it would make investments on Lithuania.
Cloud service provider LendPro received backing from the Center for Innovative Technology. The Center for Innovative Technology announced today that its subsidiary CIT GAP Funds made an investment in LendPro.
Braded Kelly was named by Health Evolution Partners as its new Investment Partner. Healthcare private equity firm Health Evolution Partners announced today that Braden Kelly will serve as its new Investment Partner.
Genesys' Sonar Merger Sub completed an offer to acquire SoundBite. Sonar Merger Sub Inc's tender offer to acquire all outstanding shares of common stock of SoundBite Communications, Inc.
Dawn Capital II Fund raised GBP63 million. Dawn Capital raised GBP63 million for the first close of its Dawn Capital II fund. Contributions for the fund came from the UK Future Technologies Fund, the European Investment Fund, and the likes.
The Homes and Communities Agency of the UK invested on a local Isle of Wight harbor project. The Homes and Communities Agency, a United Kingdom government institution, made an investment in Cowes Harbor worth more than GBP3 million.
The President of Cyprus announced several new rules giving investors new incentives. In a statement released today, the President of the Republic of Cyprus announced that more incentives will be given to investors who wish to take a chance on the Cypriot market.
