LatestNews

2012

Jul 4, 2012

Husky Further Invests in China to Meet Needs of Growing Customer Base

Bolton, Ontario, July 4, 2012 — Husky Injection Molding Systems today announced additional investments to support its continued growth in China with plans to establish a new manufacturing facility in the region of Suzhou.  Ongoing investments will enable Husky to improve local support, reduce lead times and more responsively react to the needs of its rapidly growing customer base in the region. … Read More

Jun 5, 2012

Berkshire Divests its Stake in Party City

Boston, Massachusetts and Rockaway, New Jersey, June 5, 2012 — Thomas H. Lee Partners, L.P. (“THL”), a leading private equity firm, announced today that it has signed a definitive agreement under which THL will acquire a majority stake in Party City Holdings Inc. (“Party City”), America’s premier party supplies retailer, in a recapitalization transaction valued at $2.69 billion.  Advent International Corp. (“Advent”), … Read More

May 12, 2012

Optimizing Financial Performance of Aboveground Storage Tanks

Please see the article published by Port Technology International, which has been provided in a PDF format for your convenience. Please refer to the Terms of Use for information regarding articles or information provided by third parties. View PDF

Mar 2, 2012

Private Equity Feeds Growth Plans for Amelia’s Grocery Outlet

March 2, 2012 — Local executives at Amelia’s Grocery Outlet expect accelerated growth in its increasingly popular business model thanks to new ownership and the backing of a private equity fund. Boston-based Berkshire Partners announced in 2009 it would invest in California-based Grocery Outlet Inc., which then acquired Lancaster County-based Amelia’s Inc. at the end of last year, Amelia’s President and … Read More

Feb 15, 2012

TransDigm Completes Acquisition of AmSafe Global Holdings, Inc.

Cleveland, Ohio, February 15, 2012 — TransDigm Group Incorporated (NYSE:TDG), a leading global designer, producer and supplier of highly engineered aircraft components, today announced that it has completed the acquisition of AmSafe Global Holdings, Inc. (“AmSafe”), for a total purchase price on a cash free, debt free basis of approximately $750 million in cash from a group controlled by Berkshire Partners … Read More

Jan 23, 2012

Telx Develops Advanced Data Center Campus in Clifton, NJ

Two Major Milestones Reached in the Development of an Advanced Data Center Campus Serving the NYC Metro Area  New York, New York, January 23, 2012 — Telx®, a leading provider of global interconnectivity, cloud enablement services and datacenter solutions, today announced two major milestones as “complete” in its development of an advanced datacenter campus. Telx has completed its purchase of 100 Delawanna … Read More

Jan 20, 2012

Berkshire Partners Announces Agreement to Sell AmSafe to TransDigm

Cleveland, Ohio, January 20, 2012 — TransDigm Group Incorporated (NYSE: TDG) announced today a definitive agreement to purchase AmSafe Global Holdings, Inc. (“AmSafe”), a privately-owned, world leading supplier of innovative, highly engineered and proprietary safety and restraint equipment used primarily in the global aerospace industry. AmSafe is being purchased for a total purchase price of approximately $750 million in cash from … Read More

Jan 3, 2012

Berkshire Partners Announces New Managing Director

Boston, Massachusetts, January 3, 2012 – Berkshire Partners LLC, the Boston-based private equity firm, today announced that E.J. Whelan was appointed Managing Director effective January 1, 2012.  He joins the 13 current Managing Directors of Berkshire in managing the firm and its affiliated investment funds. Mr. Whelan joined Berkshire Partners in 2005.  He has worked extensively with Berkshire’s consumer products, retail … Read More

2011

Nov 9, 2011

Coty Inc. Announces Appointment of Bart Becht as Chairman of the Board

New York, New York, November 9, 2011 — Coty Inc., a leading global beauty company, today announced that Bart Becht, former CEO of Reckitt Benckiser plc, has joined its Board of Directors as non-executive Chairman.  Mr. Becht stepped down as CEO of Reckitt Benckiser plc, a UK-headquartered, world-leading consumer goods company, in August 2011. Bernd Beetz, CEO of Coty Inc., noted,”I welcome … Read More

Oct 14, 2011

Skillsoft Announces Acquisition of Element K Business from NIIT

Element K Complements Skillsoft’s Capabilities for Serving the Global Corporate Training Market Nashua, New Hampshire, October 14, 2011 — SSI Investments II Limited (the “Company”), a parent company of Skillsoft Limited (formerly Skillsoft PLC) (“Skillsoft”), a leading SaaS provider of on-demand e-learning and performance support solutions for global enterprises, government, education and small- to medium-sized businesses, today announced that its indirect subsidiaries, … Read More

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