Sagent Advisors adds Two Senior Bankers
Press Release, 4/2/2013
New York - Sagent Advisors, LLC, a leading independent investment banking firm, announced today that Joseph Mooney and Paul Scherzer have joined the firm as Managing Directors, effective immediately. Mr. Mooney, who joins from Citigroup, will serve as the Head of Mergers and Acquisitions, and Mr. Scherzer, who joins from Credit Suisse, will lead the firm's Metals and Mining efforts. They are both based in Sagent's New York headquarters.
ORBCOMM Completes $45 Million Term Loan Financing with AIG for Growth Capital
Press Release, 1/7/2013
Fort Lee, NJ – ORBCOMM Inc. (Nasdaq: ORBC), a global satellite data communications company specializing in two-way Machine-to-Machine (M2M) communications, today announced that it completed a debt financing in the form of a five-year term loan through a Senior Secured Note Agreement in the principal amount of $45 million with AIG Asset Management (U.S.), LLC. The five-year term loan has no required principal amortization and a fixed interest rate of 9.5%, payable quarterly, for the life of the loan. Subject to the terms set forth in the Note Agreement, the company may prepay the Notes, in whole or in part, at any time prior to the maturity date.
Clearlake Capital Group Acquires NetMotion Wireless
Press Release, 9/11/2012
Clearlake Capital Group, L.P. and NetMotion Wireless, Inc. today announced that Clearlake has acquired NetMotion, the leading provider of mobile virtual private network (VPN) and network performance management software solutions. Terms of the transaction were not disclosed.
MSX International Secures Funding
PR Newswire, 3/2/2012
WARREN, Mich. -- MSX International (MSXI) today announced that it completed a refinancing of its existing $205 million senior secured notes. MSXI chief executive officer Fred Minturn made the announcement.
Sprouts Announces Combination With Henry's, Creating Leading Farmers Market Specialty Retailer
Sprouts Farmers Market ("Sprouts") and Henry's Farmers Market ("Henry's"), two companies originally founded by the Boney Family that have operated under separate owners for almost a decade, announced the execution of definitive agreements to combine operations under the majority ownership and sponsorship of Apollo Management, L.P., one of the world's leading private equity firms.