Month: June 2018

Caruth Capital Partners Acquires Assets of Jersey Premier Outdoor Media, LLC Acquisition and Capital Infusion to Capitalize on Growth Strategy in Out-Of-Home Advertising Industry PR Newswire DALLAS, June 26, 2018 DALLAS , June 26, 2018 /PRNewswire/ — Dallas based middle-market private equity firm, Caruth Capital Partners, LLC (“CCP”) said today it has acquired substantially all the assets of Jersey Premier Outdoor Media, LLC, (“JPOM”) through an affiliated company. JPOM is a Mid-Atlantic based outdoor advertising company with over 200 billboards and digital faces in NJ, DE, MD and PA. As part of the acquisition, JPOM will be rebranded as Premier Outdoor Media (“Premier”) […]

Energizer Announces Agreement to Acquire the Nu Finish Brands PR Newswire ST. LOUIS, June 26, 2018 ST. […]

BHI Energy Announces the Acquisition of D&D Power PR Newswire WEYMOUTH, Mass., June 26, 2018 WEYMOUTH, Mass. , June 26, 2018 /PRNewswire/ — Bartlett Holdings, Inc., dba BHI Energy (“BHI”), today announced that it has acquired D&D Power Inc. (“D&D”), a fully licensed and insured electrical contractor company providing distribution, transmission, and storm restoration services for customers throughout the Northeast and Southern United States . […]

Arlington Capital Partners has Sold Zemax, Global Leader in Optical and Illumination Design Software, to EQT EQT to support the continued growth of Zemax by leveraging EQT’s global network, experience in scaling businesses and history of developing enterprise software leaders PR Newswire STOCKHOLM, June 26, 2018 STOCKHOLM , June 26, 2018 /PRNewswire/ — Arlington Capital Partners (“Arlington Capital”) and EQT Mid Market US GP B.V. (“EQT”) today announced that EQT has acquired Zemax Software Holdings, LLC. […]

Sharing Economy International Extends Exclusivity Agreement with OOB Media HK Limited Regarding Potential Acquisition of a Majority Interest in OOB Media (Sichuan) Limited PR Newswire HONG KONG, June 26, 2018 HONG KONG , June 26, 2018 /PRNewswire/ — Sharing Economy International, Inc. (“SEII” or “the Company”) (NASDAQ: SEII) today announced that its wholly-owned subsidiary, EC Advertising Limited (“EC Advertising”), has entered into an Exclusivity Agreement with OOB Media HK Limited (“OOB HK”), regarding the potential acquisition of not less than 51% of the ordinary shares of OOB HK, which, in turn, effectively holds 60% of the ordinary shares of OOB Media ( Sichuan ) Limited (“OOB Sichuan”). This agreement extends the Exclusivity Agreement signed on May 9, 2018 by EC Creative Limited, a wholly-owned subsidiary of SEII, and OOB HK […]

International Game Technology PLC Announces Conditional Results Of Tender Offer PR Newswire LONDON, June 26, 2018 LONDON , June 26, 2018 /PRNewswire/ — International Game Technology PLC (NYSE:IGT) (” IGT “) today announced the expiration of its previously announced tender offer (the ” Offer “) to purchase for cash its outstanding: (i) €700,000,000 4.125% Senior Secured Notes due 2020 represented by the Regulation S global note (the ” 4.125% Notes “) (ISIN: XS1204431867); and (ii) €500,000,000 4.750% Senior Secured Notes due 2020 (the ” 4.750% Notes ” and together with the 4.125% Notes, the ” Notes “) (ISIN XS0860855930), from the holders thereof for a purchase price of €1,050 for each €1,000 principal amount of the 4.125% Notes (” 4.125% Notes Tender Offer Consideration “) and €1,070 for each €1,000 principal amount of the 4.750% Notes (the ” 4.750% Notes Tender Offer Consideration ” and together with the 4.125% Notes Tender Offer Consideration, the ” Tender Offer Consideration “), plus any accrued and unpaid interest on the applicable Notes from, and including, the immediately preceding interest payment date up to, but excluding, June 28, 2018 (the ” Settlement Date “). The Offer was made on the terms and subject to the conditions set out in the offer to purchase dated June 18, 2018 (the ” Offer to Purchase “). […]

ACT Capital Advisors Advises Fast Water Heater on its Recapitalization and Strategic Investment by Montlake Capital Investment will provide capital required to enable rapid scale of the business. PR Newswire SEATTLE, June 26, 2018 SEATTLE , June 26, 2018 /PRNewswire-PRWeb/ — ACT Capital Advisors is pleased to announce the recapitalization of Fast Water Heater Company by Montlake Capital. ACT acted as financial advisor to Fast Water Heater Company […]

SacValley MedShare and Connect Healthcare Form Largest and Fastest Growing Health Information Exchange in California New Health Information Sharing Agreement Will Improve Patient Care PR Newswire CHICO, Calif., June 25, 2018 CHICO, Calif. , June 25, 2018 /PRNewswire/ — Doctors and medical technicians will be able to quickly and securely access the medical records of 2.6 million patients in Northern California following the formation of what becomes the geographically largest and fastest growing Health Information Exchange (HIE) in the state. […]

Baffinland Announces Early Settlement Date Of The Previously Announced Tender Offer And Consent Solicitation For Its 12.00% Senior Secured Notes Due 2022 PR Newswire IQALUIT, Nunavut, June 25, 2018 IQALUIT, Nunavut , June 25, 2018 /PRNewswire/ — Baffinland Iron Mines Corporation (the “Company”) and Baffinland Iron Mines LP (together with the Company, the “Issuers”) announced that they expect to satisfy the conditions for their previously announced cash tender offer and consent solicitation (the “Tender Offer and Consent Solicitation”) with respect to their outstanding $350.0 million aggregate principal amount of 12.00% Senior Secured Notes due 2022 (the “Notes”) on or shortly after the date of completion of the Refinancing Transaction (as defined below). Pursuant to the Issuers’ Offer to Purchase and Consent Solicitation Statement, dated June 6, 2018 (the “Offer to Purchase”), the Tender Offer and Consent Solicitation was subject to certain conditions, including (i) the consummation of an offering of senior secured debt securities by the Issuers, on terms and conditions acceptable to the Issuers, in their sole discretion, yielding net proceeds in an amount sufficient to fund all of the Issuers’ obligations under the Tender Offer and Consent Solicitation, which will be satisfied with the settlement of the Issuers’ offering of $575,000,000 aggregate principal amount of 8.750% Senior Secured Notes due 2026 (the “Refinancing Transaction”) and (ii) the receipt of consents necessary to effect certain amendments to its Revolving Credit Agreement, dated May 26, 2017 , in order to consummate the Refinancing Transaction and conform the covenants under the Revolving Credit Agreement and related documentation to be substantially the same as those under the new senior secured debt securities issued in connection with the Refinancing Transaction, which is expected to be satisfied by an amendment to the Revolving Credit Agreement, which is expected to be entered into on June 27, 2018 . […]