Month: June 2016

Vericlaim acquires Diamond Property Loss Solutions PR Newswire NAPERVILLE, Ill., June 2, 2016 NAPERVILLE, Ill. , June 2, 2016 /PRNewswire/ — Vericlaim—a subsidiary of Sedgwick Claims Management Services, Inc., and global provider of loss adjusting and claims management services—has signed and closed an agreement with DKI Ventures LLC to purchase national restoration and mitigation network Diamond Property Loss Solutions . […]

SpruceLand Sells Manufactured Homes Communities Canada NewsWire EDMONTON, June 2, 2016 EDMONTON , June 2, 2016 /CNW/ – SpruceLand Properties Inc. (” SpruceLand ” or the ” Corporation “) today announced that, effective as of June 1, 2016 , it has closed the previously announced sale of the Corporation’s two manufactured homes communities (the ” Manufactured Homes Communities Disposition “) for an aggregate sale price of approximately $40.6 million , which was satisfied by: (i) the assumption of mortgages with an aggregate principal balance of approximately $6.0 million ; and (ii) a cash payment of approximately $34.6 million . […]

ING Capital Finances Acquisiton of 550 Madison Avenue PR Newswire NEW YORK, June 2, 2016 NEW YORK , June 2, 2016 /PRNewswire/ — ING Capital LLC (“ING”) has originated a $570 million senior secured bridge loan for Olayan America, the US investment arm of The Olayan Group, to purchase 550 Madison Avenue in Manhattan . The short-term loan is secured by a first mortgage on the property, an iconic skyscraper known most recently as the Sony Building. “ING committed the bridge facility very quickly at attractive terms so that this deal could conclude within a very tight time frame,” said Nadim Tabbara , Chief Financial Officer of The Olayan Group. […]

Acquisition of Core Systems Innovation, LLC Assets Automatic Handling International, Inc. Announces Acquisition of Core Systems Innovation, LLC PR Newswire ERIE, Mich., June 2, 2016 ERIE, Mich. , June 2, 2016 /PRNewswire-iReach/ — Automatic Handling International Inc. […]

MARKETO INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Marketo, Inc. PR Newswire NEW ORLEANS, June 2, 2016 NEW ORLEANS , June 2, 2016 /PRNewswire/ — Former Attorney General of Louisiana Charles C. Foti, Jr., Esq […]

PetroChoice Acquires Hagan Kennington Oil Company PR Newswire FT. WASHINGTON, Pa., June 2, 2016 FT. WASHINGTON, Pa. […]

OpenText Signs Definitive Agreement to Acquire Recommind, Inc. PR Newswire WATERLOO, Ontario, June 2, 2016 Acquisition Further Strengthens OpenText’s Position in eDiscovery, Enterprise Information Management, Analytics and Cloud WATERLOO, Ontario , June 2, 2016 /PRNewswire/ — Open Text Corporation (NASDAQ: OTEX) (TSX: OTC), a global leader in Enterprise Information Management, announced today that it has entered into a definitive agreement to acquire privately-held Recommind , Inc., a leading provider of eDiscovery, and information analytics. […]

Augeo Acquires Incentive Logic — Adding An Experienced Team And Proven Incentive Solutions To Its Leading Loyalty Marketing Businesses PR Newswire ST. PAUL, Minn., June 2, 2016 ST. […]

VWR Acquires JM Separations, B.V. Acquisition Extends VWR’s Custom Single-use Capabilities in Europe PR Newswire RADNOR, Pa., June 2, 2016 RADNOR, Pa. , June 2, 2016 /PRNewswire/ — VWR (NASDAQ: VWR), the leading, global, independent provider of laboratory products, services and solutions, announced today that it has acquired JM Separations, B.V., a supplier of single-use fluid handling and separation technology products for pharmaceutical and biotech customers. […]

FocusVision Acquires 24Tru and QualVu Adds Cloud-Based Asset Management to Growing Suite of Market Research Technologies PR Newswire FRESNO, Calif., June 2, 2016 FRESNO, Calif. , June 2, 2016 /PRNewswire/ — FocusVision, the global leader in market research technologies, today announced the acquisition of 24Tru and QualVu. FocusVision’s commitment to providing world-class market research solutions coupled with white-glove customer service holds true as the company expands its product base. […]

Deloitte advises Original Additions TopCo Limited in its sale to PDC Brands, a portfolio company of Yellow Wood Partners LLC PR Newswire CHARLOTTE, N.C., June 2, 2016 CHARLOTTE, N.C. , June 2, 2016 /PRNewswire/ — Deloitte 1 acted as the exclusive financial advisor to Original Additions TopCo Limited (Original Additions), a London -based beauty company and portfolio company of Lloyds Development Capital (LDC), in its sale to PDC Brands (PDC), a portfolio company of Yellow Wood Partners LLC (Yellow Wood). The transaction closed on April 4, 2016 […]

Affiliate of Fort Worth-based FundCorp acquires Gigi’s Cupcakes Franchise Chain PR Newswire FORT WORTH, Texas, June 2, 2016 FORT WORTH, Texas , June 2, 2016 /PRNewswire/ — An affiliate of Fort Worth -based private-equity group FundCorp, Inc., today announced the acquisition of Gigi’s Cupcakes, the largest cupcake franchise in the U.S. with more than 100 locations nationwide. Terms of the deal were not announced, but Judy Renfrow has been named President and COO and will manage the chain along with Vice Chairman Michael Poates […]