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ECI reaps 6.1x return on MiQ sale to Bridgepoint

Mid-market sponsor ECI has sold New York-headquartered MiQ to Bridgepoint, generating a 6.1x money return and an IRR of 47%, Tom Wrenn, a partner at ECI, told Unquote.

KKR Agrees to Sell Minnesota Rubber and Plastics to Trelleborg in Another Win for Employees

MINNEAPOLIS & NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced the signing of an agreement to sell Minnesota Rubber and Plastics (“MRP” or the “Company”), a leading provider of materials science-based elastomer

Fernando Aguirre, Vice Chairman of DHS Holdings, to Assume Direct…

DHS Holdings has over $847 million in assets in London, comprised of real estate, liquid, and investments in technology.(PRWeb June 28, 2022)Read the full story at https://www.prweb.com/releases/2022/6/prweb18759396.htm

Prudent Growth Purchases Meadow Lake Business Park in Alabama

Prudent Growth Partners Acquire Meadow Lake Business Park in Hoover, AL(PRWeb June 03, 2022)Read the full story at https://www.prweb.com/releases/prudent_growth_purchases_meadow_lake_business_park_in_alabama/prweb18716807.htm

Shearman & Sterling hires funds partner in London

New York-headquartered law firm Shearman & Sterling has appointed Phil Baynes as a funds partner in London; he joins from Weil, Gotshal & Manges.

Verdane makes a series of promotions and hires

Verdane has promoted Christopher Parmo to partner and made several new hires.

IK Partners sells Recocash to Qualium Investissement

IK Partners has sold France-based debt servicing company Recocash to Paris-headquartered Qualium Investissement (QI)

Relay Payments Introduces RelayGo to Keep Drivers Moving

All-in-one expense card for fast, convenient payment of your fleet’s over-the-road expenses(PRWeb March 17, 2022)Read the full story at https://www.prweb.com/releases/relay_payments_introduces_relaygo_to_keep_drivers_moving/prweb18557851.htm

Carlyle sells Cupa Group to Brookfield

Carlyle is to sell Spain-headquartered natural slate producer Cupa Group to Brookfield Asset Management.

Värde announces three partner promotions

Alternative investment firm Värde Partners has announced the promotion of Jim Dunbar, Aneek Mamik and Carlos Sanz Esteve to partner.

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