PTCI News Alert Point Capital Inc (PTCI) 1.0000 02/15/2015 0
Post# of 64074
Breakaway Capital Announces New $50 Million Lower Middle Market Fund, Closing Of Financing For The Thomas Kinkade Company
PR Newswire - Wed Jan 14, 8:00AM CST
Breakaway Capital Partners Fund, L.P. today announced that it has funded a $6 million senior secured credit facility and equity co-investment to finance Next Point Capital's recapitalization of Art Brand Studios, LLC.
Situs to be Acquired by Stone Point Capital
Business Wire - Tue Jan 06, 8:02AM CST
Situs, the premier global provider of commercial real estate (CRE) advisory services and related integrated process and technology solutions, today announced that it has agreed to be acquired by funds managed by Stone Point Capital LLC (Stone Point), a leading private equity firm focused on investing in the global financial services industry. Stone Point is acquiring the stake in the company from Ranieri Partners and WL Ross & Co. The transaction is subject to customary closing conditions and regulatory approvals and is expected to close in the first quarter of 2015. The terms of the transaction were not disclosed.
MB Business Capital Announces New Staff Appointment in New York
PRWeb - Mon Dec 22, 2:30PM CST
MB Business Capital, the asset based lending division of MB Financial Bank, N.A., announced that Greg C. Walker has joined the organization as a senior vice president, responsible for new business development in the northeastern United States. Walker is based in Bay Shore, New York.
MBFI: 31.41 (+0.24), WFC: 55.33 (+0.47)
Oasis Outsourcing To Be Acquired by Stone Point Capital
PR Newswire - Thu Nov 20, 8:00AM CST
Oasis Outsourcing (Oasis) today announced that it has agreed to be acquired by Stone Point Capital and management. Stone Point is a leading private equity firm focused on investing in the global financial services industry. Oasis, a portfolio company of Nautic Partners and Altaris Capital Partners, is the largest private professional employer organization (PEO) in the United States, and is a leading provider of comprehensive and cost-effective human resources (HR) services to small- and medium-sized businesses (SMBs). The transaction, subject to customary closing conditions, is expected to be completed by the end of 2014. Terms of the acquisition were not disclosed.
Blue Point Capital Partners Closes Third Buyout Fund at $425 Million Hard Cap
Marketwired - Mon Nov 03, 7:45AM CST
Blue Point Capital Partners announced today the closing of its third fund, Blue Point Capital Partners III, L.P., at $425 million. Blue Point has raised more than $1.2 billion in capital across three institutional funds and will continue to partner with entrepreneurs and management teams to invest in and grow leading middle-market companies.
Print Syndicate Secures $4.25M in Funding for Transformative Real-Time Retail Business
PR Newswire - Thu Oct 30, 6:00AM CDT
Print Syndicate, a leading apparel and home goods e-commerce company, today announced that it closed a $4.25 million Series A funding round led by Data Point Capital, the fund started by Shoebuy.com founder and online retail expert Scott Savitz. Also joining in the round is Lightbank Capital, started by Groupon founders Eric Lefkofsky and Brad Keywell, and Vegas Tech Fund, created by Tony Hsieh, known for building Zappos into the internet mega-store ultimately purchased by Amazon. Additional investors include CNF Investments and TechColumbus. The new capital will be used to fuel Print Syndicate's rapid growth, production capacity and build out the senior management team as the company marches toward projected 300 percent year-over-year growth for 2014.
Fitch Publishes Servicer Report on Berkeley Point Capital LLC
Business Wire - Fri Oct 03, 4:07PM CDT
Link to Fitch Ratings' Report: Berkeley Point Capital LLC http://www.fitchratings.com/creditdesk/report..._id=773688
Flexpoint Ford, LLC Announces the Sale of T&H Global Holdings, LLC to Sedgwick Claims Management Services, Inc.
PR Newswire - Wed Sep 17, 7:55AM CDT
Flexpoint Ford, LLC ("Flexpoint" , a private equity firm focused on the financial services and healthcare sectors, today announced a definitive agreement to sell T&H Global Holdings, LLC and its subsidiaries ("VeriClaim" to Sedgwick Claims Management Services, Inc. ("Sedgwick" . The primary investors of Sedgwick are affiliates of Kohlberg Kravis Roberts & Co. L.P. and Stone Point Capital LLC. VeriClaim has been majority owned by affiliates of Flexpoint since March 2011.
KKR: 24.42 (+0.06)
Pelican Point Capital Partners, LLC, Announces the Appointment of Scott Schuman as Senior Adviser to Its Board
Business Wire - Thu Aug 21, 8:10AM CDT
Pelican Point Capital Partners, LLC, announces the appointment of Scott Schuman as Senior Adviser to its board. "Scott brings world class structured finance expertise which will help in our investments in portfolio companies as well as our residential whole loan trading business," said Shad Quraishi, Co-CEO and Co-Founder.
PowerMoves.NOLA Names Earl Robinson President and September Hargrove Chief Operating Officer
Marketwire - Wed Jun 25, 11:02AM CDT
Veteran investment executive and entrepreneur Earl Robinson has been named President, and economic development expert September Hargrove has been named Chief Operating Officer of PowerMoves.NOLA, a new national initiative focused on providing access to capital, connections and guidance to increase the number of America's venture-backed minority entrepreneurs.