|
Almeida Capital is pleased to be a premier sponsor of AltAssets
|
FREE newsletter RSS
INTELLIGENCE
RECRUITMENT
KNOWLEDGE BANK
EVENTS
SECTOR ANALYSIS
HEDGE FUNDS
|
Click here for printer friendly page
Weekly Deals and Funds Roundup: 11 October 200611/10/2006. Source: AltAssets. 
 A selection of the latest deals and funds news from across the globe - essential reading for those who need to keep up-to-date with the industry's key developments.
This weekly roundup provides an update on deals and fund activity that did not feature as separate stories in AltAssets' daily news service.
DEALS
Petra Capital Partners has announced that West Corporation has acquired Petra portfolio company InPulse Response Group for approximately $44.5m in cash. The sale of InPulse represents Petra's fourth exit in 2006 and ninth successful exit from its Petra Growth Fund I fund, which has made 16 investments since 1999. InPulse is a provider of outsourced sales solutions to marketers of fitness equipment, personal development, electronics, housewares, collectibles, and health and beauty products that seek to generate inbound calls from consumers through direct response television, radio and print advertising.
Emerging markets investment firm Darby Overseas Investments has announced that the Darby Converging Europe Mezzanine Fund has made an €8m investment in AS Rigas Piensaimniekes, a dairy products producers in Latvia. This is the first investment made by the DCEMF since its closing on 1 November 2005.
Priveq Investment Fund III and Eqvitec Technology Fund III have agreed to invest in wood scanning corporation Innovativ Vision. This deal makes Priveq and Eqvitec funds majority owners of Innovativ Vision. The company develops and markets the WoodEye system, a scanner system for quality control in the wood working industry. Through scanning of the wood, at full production speed, the WoodEye system detects and analyses knots, knot holes, discolorations and most other defects in the wood. The WoodEye software analyses the results and calculates the optimal use of each piece of wood according to the predefined quality requested by the customer.
FUNDS
Washington, DC-based private equity firm Pine Creek Partners has closed its first private equity fund, Pine Creek Partners I, on $53m. Led by founders George McCabe and Rick Rickertsen, Pine Creek Partners will look to back entrepreneurial managers in management buy-out investments. Pine Creek Partners I will target $10-75m buy-outs in a range of industries.
Copyright © 2006 AltAssets
|
 
|
|
|
