Babson Capital Management LLC said on Monday that it has provided subordinated debt and made an equity co-investment in Main Street Capital Holdings’ acquisition of the Hi-Rel Group LLC. No financial terms were disclosed. Based in Essex, Conn., the Hi-Rel Group is a provider of components for the microelectronic packaging sector.

PRESS RELEASE

SPRINGFIELD, Mass.–(BUSINESS WIRE)–Babson Capital Management LLC, a global investment management firm with more than $180 billion in assets under management and operations on four continents, today announced that it provided subordinated debt and made an equity co-investment to support Main Street Capital Holdings’ acquisition of the Hi-Rel Group LLC.
Babson Capital was the sole provider of subordinated debt on the transaction.
Founded in 1976 and headquartered in Essex, Conn., the Hi-Rel Group is a leading manufacturer of highly specialized metal components for the microelectronic packaging industry. With affiliates based in the U.S., United Kingdom and Canada, Hi-Rel’s core products include lids, ring frames and related products that are used to hermetically seal electronic components for use in the aerospace, defense, telecom and medical industries.
“Main Street Capital Holdings is pleased to have the support of our valued longtime partner Babson Capital on our investment in the Hi-Rel Group,” said Dennis G. Prado, a Principal at Main Street Capital Holdings. “Babson Capital’s experience and expertise in the middle market combined with its reliability and flexibility has been a huge asset to Main Street on several platform investments over more than a decade, and we look forward to working with the Babson Capital team on this and future transactions.”
“Babson Capital is excited about the opportunity to have a supporting role in Main Street’s investment in the Hi-Rel Group,” said Michael L. Klofas, Managing Director and Head of the U.S. Mezzanine & Private Equity Group. “We look forward to participating in Hi-Rel’s future growth as Main Street works with the management team to extend Hi-Rel’s market leadership through the addition of new products and expansion of the company’s geographic footprint.”
About Main Street Capital Holdings, LLC
Founded in 1994, Main Street Capital Holdings, LLC is a Pittsburgh-based private equity firm that acquires companies in a broad range of industries at the lower end of the middle market. Main Street acquires control positions in companies with enterprise values ranging from $10 million to $125 million. A key to Main Street’s success is its strong partnerships with existing management teams and proven operators. For more information, please visit www.mainstcap.com.
About Babson Capital Management LLC
Babson Capital Management LLC and its subsidiaries serve institutional investors around the globe and have $181 billion in assets under management as of March 31, 2013. Through proprietary research, analysis and a focus on investment fundamentals, we develop products and strategies that leverage our broad expertise in fixed income, equities, alternatives, structured products, debt financing for corporations and debt and equity financing for commercial real estate. Based in Boston and Springfield, Mass., and Charlotte, N.C., with offices in New York City and Los Angeles, the firm’s subsidiaries include Babson Capital Europe Limited in London, Babson Capital Australia Pty Ltd in Sydney, Cornerstone Real Estate Advisers LLC in Hartford, Conn., and Wood Creek Capital Management, LLC in New Haven, Conn. Babson Capital is a member of the MassMutual Financial Group.

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CI Capital Partners said on Monday that it has sold Transplace to Greenbriar Equity Group. No financial terms were disclosed. Based in Frisco, TX, Transplace is a provider of third party logistics.

PRESS RELEASE

NEW YORK–(BUSINESS WIRE)–CI Capital Partners announced today that it has completed the sale of its portfolio company, Transplace, to Greenbriar Equity Group. Transplace is a leading provider of non-asset based third party logistics (“3PL”), intermodal and truck brokerage services. CI Capital acquired Transplace in partnership with its management in 2009. Terms of the transaction were not disclosed.
Transplace was founded in 2000 by six of the largest freight carriers in the U.S. and helps Fortune 1000 customers manage their complex logistics and transportation needs. Transplace provides full transportation outsourcing, carrier contracting and negotiation, intermodal and freight brokerage services to a diversified blue-chip customer base. Transplace generates gross revenue in excess of $1.3 billion from more than 700 customers.
Joost Thesseling of CI Capital said: “Throughout our history as a firm, we have made investments in businesses operated by high-caliber management teams. Together with Tom Sanderson and the Transplace team, we built a leading third-party logistics company through strategic acquisitions and organic growth. We believe that Transplace is well-positioned to continue to expand its business.”
“CI Capital has been a great partner and provided the company and our management team the necessary support to execute its growth and acquisition strategy,” said Tom Sanderson, Chief Executive Officer of Transplace. “We look forward to continuing the company’s growth trajectory.”
About CI Capital Partners
CI Capital Partners LLC, a North American private equity firm, has been investing in middle-market companies since 1993. CI Capital forms partnerships with experienced management teams and entrepreneurs to build substantial businesses through add-on acquisitions, organic growth and operational improvements. Since the firm’s inception, CI Capital and its portfolio companies have made more than 100 acquisitions representing over $6 billion in enterprise value. CI Capital’s existing portfolio consists of companies which collectively generate annual revenue of close to $4 billion, EBITDA of over $350 million and employ approximately 15,000 people. To learn more about CI Capital Partners, please visit www.cicapllc.com.

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Fullscreen said on Monday that it has completed a round of Series A funding. No financial terms were disclosed. The lead investors were The Chernin Group, Comcast Ventures and WPP. Based in Los Angeles, Fullscreen is a provider of online video.

PRESS RELEASE

LOS ANGELES–(BUSINESS WIRE)–Fullscreen, a leading online video company and the premier global YouTube network for creators and brands, today announced that it has closed a round of Series A funding. The round was led by The Chernin Group along with Comcast Ventures and WPP.
“Fullscreen’s mission is to empower a new generation of video creators to reach online audiences on a global scale,” said Fullscreen CEO and founder George Strompolos. “We’ve built scalable technology and an incredible roster of talent and brand partners since we were founded just over two years ago. This influx of capital will help us accelerate our goal of building a global media company, funding new content initiatives, continuing to invest into new technologies and furthering our rapid expansion into international markets.”
Fullscreen will use the investment to support the company’s domestic and international expansion across technology, audience development and sales. The company will also apply the capital towards financing new owned-and-operated content initiatives, as well as accelerating the development of its sophisticated SaaS technology to further empower video creators and brands to build and engage with desired audiences online.
“Fullscreen is a company that embraces both creators and technologists, and is influencing how people across the world watch video every day,” said Jesse Jacobs, President of The Chernin Group. “We first got involved with the company pre-launch two years ago and our conviction around the power of what Fullscreen is building has increased every day since.”
Since its inception, on a quarterly basis Fullscreen has seen an average increase in views of nearly 100%, an increase in subscribers of 100% and an increase in U.S. uniques of 90%. In addition, Fullscreen is currently ranked as the number one independent YouTube partner network based on total unique viewers according to comScore (December 2012-present).
“As the video ecosystem evolves rapidly, Fullscreen is fusing technology and services to simplify operations and maximize opportunity for brand marketers and creators. The company has done an incredible job raising the profile of top talent and brands, bringing their content to the forefront,” said Sam Landman, principal at Comcast Ventures. “As a proof point, NBC Entertainment was the first network to use Fullscreen to manage and optimize their presence on YouTube and that successful implementation gave us confidence in their platform, company and team.”
Fullscreen’s client roster includes top brands like NBCUniversal and Ryan Seacrest Productions, and top talent like dubstep violinist Lindsey Stirling and filmmaker Devin Super Tramp, bringing their content to the masses. Today, the Fullscreen network has over 10,000 channels, more than 150 million subscribers and over 2.5 billion monthly views. The company’s team has expanded accordingly, growing by 20 percent in the last quarter and now employing 150 people in offices across the country.
“There has been explosive growth in online video, particularly on YouTube, and a growing demand from our clients to reach consumers on its platform as it revolutionizes youth media consumption,” said Mark Read, CEO of WPP Digital. “Fullscreen’s model offers unique solutions for both brands and talent, and incredible opportunities for collaboration on both sides. Our partnership with Fullscreen will give our agencies and clients new expertise, insights, technology and access to help connect with consumers on the world’s largest video platform.”
For more information about Fullscreen and the brands and creators they work with, please visit www.fullscreen.net.
About Fullscreen
Fullscreen is a next-generation media company that offers innovative technology and premium services for content creators and the world’s leading brands to thrive on YouTube. Fullscreen’s global network generates over 2.5 billion monthly video views and reaches over 150 million subscribers. Fullscreen was founded in January 2011 by CEO George Strompolos, a co-creator of the YouTube Partner Program. Fullscreen is headquartered in Culver City, California. (www.fullscreen.net)

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CareCloud said on Monday that it has named Tom Cady as its new vice president of professional services. In this position, Cady will manage the company’s client implementation and training teams. CareCloud, which was backed by Intel Capital and Norwest Venture Partners, is a Boston-based provider of cloud-based solutions.

PRESS RELEASE

BOSTON–(BUSINESS WIRE)–CareCloud, a leading provider of cloud-based practice management, electronic health records (EHR), and medical billing software and services, today announced that the Company has hired Tom Cady as its new Vice President of Professional Services. Mr. Cady will be responsible for managing CareCloud’s client implementation and training teams – an essential pillar in powering the Company’s more than 100% year-over-year revenue growth while continuing to enhance customer experience and success. Mr. Cady brings close to 30 years of executive management experience in consulting and professional services, sales and client service in the healthcare industry. He joins CareCloud as a member of its senior leadership team and will report to Albert Santalo, CareCloud’s Chairman and CEO, and will be based in the Company’s Boston office.
“Tom is quite simply the very best professional services executive in the healthcare IT industry and I could not be more thrilled to have him join CareCloud as we continue to scale our national cloud-based platform and streamline the way medical groups leverage our applications and services,” said Mr. Santalo. “The onboarding of clients onto our platform and subsequent training efforts is often the first and most important interaction any client experiences, setting the tone for the long-term relationship. Making sure we have the industry’s very best professional service capabilities and leadership is critical for us continuing to achieve such high client retention, satisfaction, and consistent revenue growth.”
“I have had the privilege to work with some amazing organizations and individuals throughout my time in the healthcare technology industry, while also being part of truly disruptive business models along the way,” said Mr. Cady. “Given the challenges facing the industry, it’s clear that cloud-based technologies are the logical option for helping medical practices optimize their financial and clinical operations. CareCloud, with its modern design, architecture, and workflow automation stands to disrupt how physicians and their staff use technology and I am excited to join such a vibrant and innovative culture.”
Mr. Cady joined CareCloud from athenahealth, Inc. (Nasdaq: ATHN), a provider of web-based software and services to medical groups, holding numerous executive positions over his eleven years at the company. During the last half of his tenure at athenahealth, Mr. Cady led the growth and scaling of the professional services department. Under his leadership, the organization grew in both staff and annual revenue implemented by over 500%. From 2002 to 2007, Mr. Cady also served as the athenahealth’s Regional Vice President of Sales. He was a key member of the sales leadership team that drove the Company’s revenue growth from $8 million to $117 million.
Prior to athenahealth, Mr. Cady spent more than seventeen years at IDX Corporation, a provider of software solutions for integrated healthcare delivery systems, group practices, and managed care organizations, that was purchased by GE Healthcare in 2006. During his tenure at IDX, Tom led the implementation organization of the company’s largest division and also built and expanded the company’s consulting practice into a $20 million business unit.
Mr. Cady holds a BS in Management from Bentley University.
About CareCloud
CareCloud is a leading provider of cloud-based practice management, electronic health record (EHR) and medical billing software and services for medical groups. The company’s products are connecting providers to one another – and to their patients – through a fully integrated digital healthcare ecosystem that can be accessed on any browser or device.
CareCloud is helping thousands of providers increase collections, streamline operations and improve patient care in more than 45 states. The company received over $20 million in Series A funding from Intel Capital and Norwest Venture Partners in 2011. To learn more about CareCloud, please visit www.carecloud.com.

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John F. Maroney is joining ForSight VISION5 as President, CEO and Director. ForSight VISION5 also completed its Series B-1 financing which raised $9.3m and was led by Technology Partners and joined by Delphi Ventures. VISION5, a clinical development stage company focused on ophthalmic diseases, is the fifth company created by ForSight Labs. Maroney will continue to serve as a Venture Partner for Delphi Ventures.

PRESS RELEASE

MENLO PARK, Calif., June 17, 2013 /PRNewswire/ – ForSight VISION5 is pleased to announce that John F. Maroney will join the company as President, CEO and Director of VISION5, and that the company has recently closed its Series B-1 round of funding. ForSight VISION5 is the fifth company created by Menlo Park ophthalmic incubator ForSight Labs. VISION5 is a clinical development stage company focused on unmet needs in ophthalmic diseases, initially ocular hypertension and glaucoma.
Since 2003, Mr. Maroney has served as a Managing Member of Delphi Ventures, a healthcare focused venture capital firm with more than $1.1B in capital raised across eight funds.  Mr. Maroney will continue to serve as a Venture Partner for Delphi Ventures with responsibility for various portfolio companies. Prior to joining Delphi, Mr. Maroney was President, CEO and Chairman of EndoTex Interventional Systems, Inc. a development stage, venture backed, start-up company focused on commercialization of carotid artery stents.  EndoTex was acquired by Boston Scientific Corp. in 2007. From 1988 to 1997, Mr. Maroney held a variety of senior management positions at Cardiovascular Imaging Systems (CVIS) and Boston Scientific including President of EP Technologies, Inc., and Vice President and General Manager for Cardiovascular Imaging Systems. While at CVIS, Mr. Maroney was a key member of the senior management team during the Company’s IPO and eventual acquisition by Boston Scientific Corporation.  Prior to CVIS, Mr. Maroney held increasingly responsible management roles at Abbott Laboratories via their acquisition of Oximetrix, Inc.  Mr. Maroney also currently serves on the Advisory Boards for the College of Engineering and the Department of BioMedical Engineering at UC Davis.
Mr. Maroney said, “I am thrilled to join and lead the exciting team at ForSight VISION5 brought together by Angela Macfarlane around the technology pioneered by Dr. Eugene de Juan, Jr. MD.  The investors are truly a world class group and I feel privileged to work with each of them.”
Ms. Macfarlane said, “John’s leadership, experience and deep understanding of how to build a powerful organization and drive a game-changing technology are a perfect fit for ForSight VISION5.”  Dr. de Juan added, “It is very satisfying to see an experienced team come together around a compelling technology addressing key clinical needs while focused on improved, cost effective patient outcomes.”
ForSight VISION5 has also completed its Series B-1 financing which raised $9.3m and was led by Technology Partners of Palo Alto, California and joined by Delphi Ventures.  Returning investors Morgenthaler Ventures and Versant Ventures also broadly supported the financing.  Jim Glasheen, PhD, of Technology Partners joins the ForSight VISION5 Board of Directors.  Dr. Glasheen commented “We are extremely excited about the VISION5 investment opportunity. The Company is targeting a compelling need for millions of patients in one of the key ophthalmic markets with the potential for impacting broader markets as the technology matures.”
About ForSight VISION5 and ForSight Labs, LLC
ForSight VISION5, Inc., was founded in January of 2011 as the fifth company to spin out of the ophthalmic incubator ForSight Labs, LLC (www.forsightlabs.com). ForSight VISION5 is a clinical development stage company focused on unmet needs in ophthalmic diseases, initially ocular hypertension and glaucoma.  ForSight Labs, LLC, was established in 2005 by renowned ophthalmologist and retinal surgeon Eugene de Juan, Jr., MD in collaboration with The Foundry (www.thefoundry.com) to start companies focused on impactful solutions to improve the sight, care, and quality of life of visually impaired patients.
About Morgenthaler Ventures
Morgenthaler Ventures is a premier venture capital firm with over $3 billion of committed capital. Morgenthaler has invested in more than 300 companies in the life science and information technology sectors, and has partnered with some of the world’s most visionary entrepreneurs. Representative life science companies include: Ardian, OncoMed, Transcend, Nexis Vision, Promedior, Elcelyx, Holaira, Kona Medical, Moximed, Ra Pharmaceuticals, SetPoint Medical, Scioderm, Second Genome, and Silicon Valley-based incubators The Foundry and ForSight Labs. www.morgenthaler.com
About Versant Ventures
Versant Ventures is a leading venture capital firm that specializes in investment in innovative, groundbreaking bio-pharmaceuticals, medical devices, and other life science opportunities. Founded in 1999, the firm consists of an experienced team committed to helping entrepreneurs build successful companies that impact healthcare and improve quality of life. www.versantventures.com
About Technology Partners
Founded more than 25 years ago and based in Palo Alto, California, Technology Partners is a venture capital firm with an investment focus in the life science and cleantech industries. The firm manages approximately $700 million in investment capital. Technology Partners’ strategy is to team with visionary entrepreneurs to build successful companies, serving principally as a lead investor and business advisor. www.technologypartners.com
About Delphi Ventures
Delphi Ventures is a venture capital firm that has focused on investing in medical devices and biotechnology for over two decades. With more than $1.1 billion in committed capital, Delphi Ventures has funded over 170 companies. More than 100 of its portfolio companies have either completed an initial public offering or have been acquired by a leading healthcare corporation. Delphi Ventures is based in Menlo Park, California. www.delphiventures.com

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Minimally Invasive Devices said Monday it raised an additional $2.5 million from Radius Ventures, topping off its Series B financing at $11.5 million. The Series B originally raised $9 million in a financing led by Canaan Partners with participation by existing investor, Charter Life Sciences. Minimally Invasive Devices develops and makes the FloShield laparoscopic vision system.

PRESS RELEASE
COLUMBUS, Ohio, June 17, 2013 /PRNewswire/ – Minimally Invasive Devices, Inc. (MID) today announced it has raised an additional $2.5 million from Radius Ventures, topping off its Series B financing at $11.5 million. The Series B originally raised $9 million in a financing led by Canaan Partners with participation by existing investor, Charter Life Sciences.
FloShield™, MID’s flagship laparoscopic vision system is the first and only product that actually maintains a clear field of vision from beginning-to-end in laparoscopic surgery procedures. FloShield technology easily attaches to modern HD vision systems, enabling surgery to occur without interruption, loss of vision, or the need to remove the scope for cleaning. Such removals are time consuming, interfere with the focus of the operative team, and frequently occur during critical points in surgery when optimal vision is critical, leading to surgeon frustration.
“Currently, surgeons will lose vision and need to stop surgery to clean the lens externally as often as ten times per hour,” said Wayne Poll, MD, founder and CEO of MID. “We believe that surgeons will appreciate and value the benefits of a consistently clear view and will come to expect this as a standard, without nostalgia for the days they needed to clean the lens constantly when vision was lost.”
FloShield produces an air vortex to form an invisible protective barrier over the lens, preventing debris and fogging. This system is augmented by the Flo-X lens wash, a biocompatible surfactant that will flush the lens inside the body if needed.  Generation III FloShield is now launching, which improves further upon the system’s in situ flush capabilities.
Funds will be used for sales and marketing, clinical studies, the generation of outcomes data and additional product development.
Jordan Davis, Managing Partner of Radius Ventures commented, “FloShield has hit a bullseye in delivering on the number one need of all laparoscopic surgeons – that is, avoiding loss of vision due to debris and fogging of the lens, particularly during long, complex procedures.  No other technology to date has been able to achieve a continual, clear field of vision throughout such procedures, enabling surgeons to remain in control, maximizing operating room efficiency and potentially safety.”
About Minimally Invasive Devices, Inc.
Minimally Invasive Devices, Inc. (MID) has developed and manufactures the FloShield™ laparoscopic vision system, the first device that prevents loss of vision during laparoscopic surgery due to obscuration of the optics.
About Radius Ventures, LLC
Founded in 1997, Radius Ventures is a venture capital firm that invests in expansion-stage health and life sciences companies. Radius has a deep understanding of the complexities and opportunities that drive successful health and life sciences investing. The firm’s goal is to identify companies on the cusp of major value creation with the objective of achieving liquidity within a three- to five-year time frame. Central to the firm’s investment strategy is providing growth capital to well-managed companies addressing large markets with attractive adoption dynamics.  Ideal investment candidates are capital efficient with scalable business models and compelling value propositions.  For more information visit www.radiusventures.com.

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Telefonica said on Monday it had not received any indication of interest from AT&T, following a Spanish newspaper report that the government had halted a 70 billion-euro ($93 billion) offer from the U.S. company, Reuters reported.

(Reuters) – Telefonica said on Monday it had not received any indication of interest from AT&T, following a Spanish newspaper report that the government had halted a 70 billion-euro ($93 billion) offer from the U.S. company.

An AT&T representative told the government about the company’s plans to buy Telefonica and take on its 52 billion euros of debt, leading the state to stop the sale, El Mundo said on Monday, citing sources with knowledge of the deal.

“Telefonica has not received any approach or spoken or written indication of interest,” a spokesman for Telefonica told Reuters.

The government has mechanisms to block the sale of any company deemed strategic to the national economy, El Mundo cited sources as saying. According to the paper, the matter was debated in the Economy and Industry ministries, as well as in Prime Minister Mariano Rajoy’s office.

AT&T has been looking this year at ways it can grow outside the United States, including via acquisitions and expanding its business serving enterprise customers.

A takeover of Telefonica would make it the biggest telecoms company in the world, with a market capitalization of almost 300 billion euros, according to El Mundo.

Debt-laden Telefonica’s revenues have been hit by the economic downturn in Europe, especially in Spain, where 27 percent of the workforce is unemployed. Latin America now counts for over half the company’s revenues. ($1 = 0.7496 euros)

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Salmon farmer Cermaq has received an offer from private equity firms Altor and Bain Capital, writes Reuters. The offer is for Cermaq’s EWOS unit for an enterprise value of around $1.1 billion.

Reuters – Salmon farmer Cermaq has received an offer from private equity firms Altor and Bain Capital for its EWOS unit for an enterprise value of around $1.1 billion, it said on Monday.

“Cermaq has today informed the private equity companies Altor and Bain Capital that their offer to purchase EWOS for a total enterprise value of NOK 6.2 billion is considered sufficiently interesting for Cermaq to initiate a process with the aim to conclude a final agreement,” it said. ($1 = 5.8121 Norwegian krones) (Reporting by Balazs Koranyi)

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France’s Eutelsat Communications and KKR are among the suitors to place first-round bids for Singapore Telecommunications Ltd‘s Australian satellite unit, writes Reuters. SingTel, Southeast Asia’s largest telecom operator, values the satellite business of its Australian unit Optus at more than A$2 billion ($1.9 billion), and has put it on sale as it battles tepid growth in its key markets of Singapore and Australia, writes Reuters.

Reuters – France’s Eutelsat Communications SA and U.S. private equity firm KKR & Co are among the suitors to place first-round bids for Singapore Telecommunications Ltd’s Australian satellite unit, a person with direct knowledge of the matter said.

SingTel, Southeast Asia’s largest telecom operator, values the satellite business of its Australian unit Optus at more than A$2 billion ($1.9 billion), and has put it on sale as it battles tepid growth in its key markets of Singapore and Australia.

Britain’s Inmarsat, Blackstone Group and Carlyle Group are among the other suitors to submit bids ahead of the Friday deadline, the person told Reuters.

The deal pits strategic bidders against buyout firms in Australia’s third-biggest M&A deal this year, according to Thomson Reuters data.

SingTel, controlled by Singapore state investor Temasek Holdings, sent financial information to bidders in May after announcing a strategic review of the business in March. Optus sells TV, telephony and broadband services to more than 2 million subscribers in Australia and New Zealand.

In terms of Australia M&A activity this year, the deal ranks behind the acquisition of Port Botany and Port Kembla by Industry Funds Management, and the sale of stakes in Australia power companies to State Grid Corp of China, according to Thomson Reuters data.

Funds raised from the sale would help SingTel plough cash into faster-growing businesses.

Other bidders to express interest include, Asia Satellite Telecommunications Holdings Ltd, Intelsat, Sky Perfect Jsat Holdings Inc, Australia’s NewSat Ltd and SES, the source said.

Blackstone, Carlyle, KKR, Intelsat, SES and SingTel declined comment. Eutelsat, Inmarsat, AsiaSat, JSat and NewSat did not reply to emails seeking comments. The source declined to be identified as the sale process is confidential.

The suitors are attracted to the steady cashflow generated by the business as well as the low capital expenditure required, sources previously told Reuters.

Companies with satellite operating or communications businesses, like Eutelsat and Inmarsat, are expected to make a stronger case as buyers, because synergies with their existing operations mean they can pay more.

However, private equity bids could receive a boost from debt funding from the United States made available by SingTel advisers Credit Suisse Group and Morgan Stanley . The two banks are providing a loan of around A$1.7 billion that buyers can use for the acquisition.

Optus Satellite operates five satellites, with another, Optus 10, scheduled for launch in 2013. SingTel acquired the satellite arm when it bought Optus in 2001 for $14 billion.

STOCKSM&AMARKETSMUTUAL FUND CENTERETFS NEWSPRIVATE CAPITALMEDIAFINANCIALSTELECOMMUNCATIONS SERVICES

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New Zealand broadcaster MediaWorks Ltd has been placed in receivership after its private equity owners and bankers failed to agree on a refinancing deal, but new owners have been lined up, writes Reuters. Investors led by Australian businessman Rod McGeoch, a director of gaming company SkyCity Entertainment Group Ltd and chairman of Vantage Private Equity Ltd, are set to take over the company which operates New Zealand’s TV3 and Channel 4 television networks, and a string of radio stations, writes Reuters.

Reuters – New Zealand broadcaster MediaWorks Ltd was placed in receivership on Monday after its private equity owners and bankers failed to agree on a refinancing deal, but new owners have been lined up.

Investors led by Australian businessman Rod McGeoch, a director of gaming company SkyCity Entertainment Group Ltd and chairman of Vantage Private Equity Ltd, are set to take over the company which operates New Zealand’s TV3 and Channel 4 television networks, and a string of radio stations.

“We have put in place a capital structure that will see debt levels reduced from over NZ$700 million to less than NZ$100 million. This puts the company in a much stronger financial position,” McGeoch said in a statement.

Australian private equity firm Ironbridge bought publicly listed MediaWorks in 2007, when it was majority owned by Canadian broadcaster Canwest, for NZ$740 million ($597 million) in a highly leveraged deal.

But its debt structure became unsustainable after the global financial crisis, MediaWorks managing director, Sussan Turner said in a statement.

A group of banks — Westpac, Rabobank, and RBS — appointed financial advisory firm KordaMentha to administer the company.

The receivers said business would continue as usual, funding would continue to be provided, and there would be no job losses as a new structure and owners were put in place.

($1=NZ$1.24)

(Reporting by Gyles Beckford; Editing by Edwina Gibbs)

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AXA Private Equity has entered into exclusivity with 3i and TCR Capital to acquire Trescal. AXA Private Equity’s proposed transaction values the company at approximately 250 million euros ($333.5 million).

Reuters – AXA Private Equity: * AXA Private Equity enters into exclusivity with 3i and TCR Capital to acquire Trescal * AXA Private Equity-proposed transaction values the company at approximately 250 million euros.

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Spanish company SPOTI SL, has created SocialRadios, a free application for the Android platform that allows users to listen to to radio stations and also tweet about the programs. Although currently only available for Android, after summer the SocialRadios team expects to launch the iOS app.

PRESS RELEASE

The Spanish company SPOTI SL, has created SocialRadios, a free application for Android platform that allows users to listen live to the main radio stations and also tweet what you like about the programs you are hearing.

Operation of the app is simple and only requires two clicks: the first click user accesses the channel and the program he is looking for; with the second he will configure Twitter and next comment on what they hear and share with other listeners of the channel.

The idea is to create this “globalized social radio for Android”, as its founder called “arose from the intention to help in these difficult times radio stations to get more audience, especially social audience. The latter is more difficult to monetize, so that their managers do not spend much time. However, we consider both fundamental, both have traditional audience as social audience “.

The SocialRadios business model is, therefore, explained the spokesman, to “provide social audience with sponsored tweets in the medium term”.
For now, the app acceptance by users is good. Its founder says it gets about 100 users a day on Google Play.
Although currently only available for Android, after summer SocialRadios team expects to launch the iOS app. “We are a small numbered Madrid resources and seek suppliers and partners to this issue,” he says.

For more information

Search ‘SocialRadios’ on Google.
Visit: http://twitter.com/SocialRadios
SocialRadios on Google Play: https://play.google.com/store/apps/details?id=com.spoti.socialradios

http://www.crunchbase.com/company/socialradios

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Waha Capital, an Abu Dhabi-based investment company, has acquired Anglo Arabian Healthcare. The business is a new healthcare group set up to own and operate hospitals, clinics, pharmacies and diagnostic centres across the United Arab Emirates.

PRESS RELEASE

Waha Capital PJSC (ADX: WAHA), a leading Abu Dhabi-based investment company, announced on Sunday its investment in the healthcare sector by acquiring Anglo Arabian Healthcare (AAH), a new healthcare group set up to own and operate hospitals, clinics, pharmacies and diagnostic centres across the United Arab Emirates.

This investment broadens Waha Capital’s asset mix, marking its entry into an area that holds high growth potential and is a priority for the UAE.

The healthcare group owns and operates 16 assets, employs over 300 people, including 60 doctors, and serves over 400,000 registered outpatients, with average daily visits of over 1,500 patients.

The initial assets include a day-surgery hospital in Sharjah and a new 120-bed hospital in Ajman, which is due to open later this year, as well as six clinics, five pharmacies and three laboratories across Abu Dhabi, Sharjah, and Ajman. AAH plans to expand rapidly in the next few years, both organically and through further acquisitions.

AAH will operate several brands serving different segments of the market, from affordable, quality healthcare to first class polyclinics and hospitals. In addition, the group will offer world class pathology and radiology services to its own healthcare network as well as to other independent clinics.

“Healthcare is a government priority for the UAE and a vital area for investment, especially as the population expands and ages,” said Waha Capital Chief Executive Officer and Managing Director Salem Al Noaimi. “This transaction, in a high potential sector, reflects our strategy to invest in attractive assets where we can build value.” Through this investment, Waha Capital will support AAH’s expansion, enabling the group to provide efficient, quality care to a large portion of the population, whose needs have been underserved in the past.”

Anglo Arabian Healthcare is led by Chief Executive Officer Mark Adams, who has over 30 years of experience in healthcare management, including as advisor to the UK government on the National Health Service. He has also served in the capacity of CEO for Denplan, AXA PPP Healthcare, Netcare UK, and UAE-based Gulf Healthcare International.

“Waha Capital’s investment into AAH gives it strong and stable institutional support enabling the group to thrive. We believe that the key to building an integrated health group is primarily to focus on the needs of the patients and to do this in partnership with highly professional doctors and nurses, who share the same values. By jointly developing recognisable brands, which embed this philosophy of great healthcare and customer service, we can create value and build long-lasting trust,” said Adams.

“Our professional management, quality systems and operating processes will allow our doctors to move away from day-to-day management and concentrate on what they do best – giving personalised and quality care to patients.”

Waha Capital’s investment in the new health care group involves taking majority stakes in the Sharjah Corniche Group, Ajman-based Ibn Sina Group and Ibn Sina Hospital, and Proficiency Central Laboratories, which owns market-leading laboratories in Abu Dhabi and Sharjah. The founders of the companies have all retained meaningful minority stakes in their respective businesses and are keen to reinvest in future growth plans.

- Ends -

About Waha Capital
Waha Capital is a publically listed leading Abu Dhabi-based investment company, whose aim is to build sustainable and attractive returns for its shareholders by managing and deploying capital in areas where the company sees opportunity and can add value. The investment company’s activity is spread across various sectors, which currently include aircraft leasing, financial services, healthcare , offshore services for oil and gas, and real estate development. Waha Capital operates at the centre of a strong business network in the United Arab Emirates and the wider Middle East region, enjoying a close affiliation with some of Abu Dhabi’s key investment and financial institutions. Waha Capital’s institutional shareholders include Mubadala Development Company. For more information, please visit www.wahacapital.ae.

For further information, please contact:
Dana Chehayeb
Head of Corporate Communications

Waha Capital, PJSC
Tel: +9712 667 7343
Dir: +9712 4039 378
Dana.chehayeb@wahacapital.ae

Mai Shoeib
Executive

Brunswick Gulf Ltd, Office 807-B, Park Rotana Office Complex, Twofour54, Po Box 77800, Abu Dhabi, UAE
Tel +971 (0) 2 234 4600 www.brunswickgroup.com

Read The Brunswick Review, a journal devoted to communications and corporate relations, at www.brunswickgroup.com/review

- Brunswick is a leading international corporate relations and communications consultancy
- More than 100 Partners worldwide across 21 offices in 12 countries

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Campton Private Equity Advisors, a private equity fund-of-funds advisor, has appointed James H. Grossman as a senior advisor to the firm. Grossman brings significant experience to the Campton team, as a venture capital and private equity principal and attorney, as a board member of private and public companies and as an international arbitrator with experience in commercial and intellectual property matters.

PRESS RELEASE

Campton Private Equity Advisors, a private equity fund-of-funds advisor, is pleased to announce that James H. Grossman has been appointed as a Senior Advisor to the firm.
Jim Grossman brings significant experience to the Campton team, as a venture capital and private equity principal and attorney, as a board member of private and public companies and as an international arbitrator with experience in commercial and intellectual property matters.
Jim is a member of the board of directors of several public companies, including UK-based Unicorn Venture Capital Trust. Jim was the head of the corporate law department at Buchalter, Nemer, Fields & Younger, a Los Angeles-based law firm, where he specialized in venture capital, private equity, mergers and acquisitions, international business transactions and general corporate matters. Jim also has significant government experience including serving as the Chairman of the US Foreign Claims Settlement Commission.
Allen Latta, Managing Director of Campton Private Equity Advisors, stated: “We are pleased to welcome Jim to the Campton team. Jim’s extensive experience will benefit Campton and our clients.”
About Campton Private Equity Advisors
Campton Private Equity Advisors provides private equity advisory services to global investors. Campton was founded in 2006 and is headquartered in San Francisco, California. Campton provides private equity advisory services to Private Equity Investor PLC (http://www.peiplc.com), a global private equity fund-of-funds investment trust listed on the London Stock Exchange (ticker: PEQ.L). For more information about Campton, please visit http://www.camptonpe.com.
Contact:
Eileen Larkin
Campton Private Equity Advisors
Main: +1 (415) 675-7700
eileen.larkin(at)camptonpe(dot)com

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SiteWit has raised over $1,500,000 in new equity capital from investors including Stage 1 Investors. SiteWit provides small to medium sized businesses with tools that enable them to efficiently market their websites themselves on Google AdWords, Bing Ads, and Yahoo which result in higher conversion ratios of website visitors to customers and sales growth.

PRESS RELEASE

SiteWit Corporation (“SiteWit”) which automates search engine marketing and website engagements for Small Business announced today that SiteWit has raised over $1,500,000 in new equity capital from investors including Stage 1 Investors (“Stage 1”) through Jon Gordon, Managing Director of Stage 1.
SiteWit provides small to medium sized businesses with tools that enable them to efficiently market their websites themselves on Google AdWords, Bing Ads, and Yahoo which result in higher conversion ratios of website visitors to customers and sales growth. SiteWit markets their tools exclusively thru a cadre of large hosting and software as a service partners who focus website building software and also partners who create marketplaces for the SMB market.
“I believe SiteWit has a unique opportunity to grow tremendously by helping small and medium sized businesses worldwide significantly increase revenues,” says Jon Gordon.
“We are pleased with the capital commitment and confidence expressed by Stage 1 Investors and our other recent investors,” stated Ricardo Lasa, CEO of SiteWit. “With these investments and our focus on the SME market we have the ability to become the leader in this space.”
SiteWit will use the proceeds of the round to develop distribution channels with existing partners such as Yola website builder and others. Furthermore, proceeds will be used to further develop social media and small business lead generation products.
About SiteWit
SiteWit allows thousands of Small Business owners to market their websites efficiently on Google AdWords, Bing Ads, and other online platforms themselves, with no prior knowledge of online marketing required. SiteWit uses optimization technology to maximize the marketing return on investment and conversions, leading to better marketing results. SiteWit offer seamless integration with hosting and website software companies such as Yola, Endurance International, Wix, WordPress, Weebly and many others.
SiteWit. Be Smart. Be Found!

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Hilco Brands, the brand investment and management division of Hilco Global, has acquired the Portico® and Under the Canopy® brands from New York-based Portico Brand Group. Hilco Brands is a private equity firm that acquires and manages high-growth consumer lifestyle brands.

PRESS RELEASE

Hilco Brands, LLC, the brand investment and management division of Hilco Global, today announced the acquisition of the Portico® and Under the Canopy® brands from New York-based Portico Brand Group. Key members of the Portico Brand Group management team will continue to manage both brands with guidance from Hilco Brands which will provide capital, corporate management and brand licensing advisory services.

“Joining forces with Hilco Brands provides us with both the branding expertise and the capital to expand the business and make the right strategic choices for the future. We’re thrilled to be working with Hilco”
The Portico brand includes a full collection of unique, eco-friendly products, including home and hotel furnishings, personal care and beauty products. The Under the Canopy brand represents high quality, stylish apparel, home, spa/hospitality and other textile-based products using environmentally and socially responsible materials and manufacturing methods. Both brands are currently licensed to leading manufacturers, including WestPoint Home and Hunter Amenities International.

Commenting on the acquisition, Jeffrey Branman, Managing Director of Hilco Brands, said, “Portico and Under the Canopy are exciting brands with enormous growth potential. The eco-friendly, socially responsible products currently being manufactured and marketed by world class licensees provide a solid platform for further growth. We look forward to supporting the current management team, led by Marci Zaroff, President and Chief Marketing Officer, and Rachel Whitlow, Chief Operating Officer.”

The Portico brand dates back to the 1992 opening of its flagship retail store on Spring Street in the heart of Manhattan’s SoHo neighborhood. The store carried high-end furniture, the finest cotton and linen home textiles, specialty bath and spa products, and loungewear. The SoHo store and other locations opened thereafter quickly became a destination for decorators, designers, and style-minded connoisseurs of exceptional products. Although the retail stores eventually closed, the brand’s DNA lived on and thrived through successful licensing strategies. “Joining forces with Hilco Brands provides us with both the branding expertise and the capital to expand the business and make the right strategic choices for the future. We’re thrilled to be working with Hilco,” said Whitlow. .

The Under the Canopy brand was founded in 1996 by ECOfashion pioneer Zaroff, who will continue to play a role at Hilco Brand’s acquisition company. Under the Canopy was the first lifestyle brand in the USA to present modern, high quality, and stylish products using environmentally and socially responsible materials and manufacturing methods.

Jeffrey B. Hecktman, Chairman and CEO of Hilco Global said, “The acquisition of the Portico and Under the Canopy brands is consistent with the focus of Hilco Brands, which is to invest in and help manage exciting brand businesses with promising futures by infusing them with smart strategic thinking and the capital required to thrive.”

About Hilco Brands: Hilco Brands is a private equity firm that acquires and manages high-growth consumer lifestyle brands. Current portfolio brands and companies include Polaroid®, Halston®, and Miss America Properties®. Prior portfolio brands and companies that were successfully grown and sold include The Sharper Image®, sold to Iconix Brand Group (NASDAQ: ICON), Ellen Tracy® and Caribbean Joe®, sold to Sequential Brands Group (OTC:SQBG), Tommy Armour Golf® and RAM Golf®, sold to The Sports Authority, and Bombay Brands, sold to Otto International. Hilco Brands is a unit of Hilco Global, a privately held Chicago-based, provider of diversified financial services providing valuation, monetization and advisory solutions, including business asset valuations, asset acquisition and disposition services, real estate services, M&A services and retail consulting.

Contacts

Hilco Trading LLC
Gary C. Epstein
Chief Marketing Officer
Office: 847 418 2712

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GutCheck has completed a $4 million Series B equity financing. This financing includes new investors, Grotech Ventures and Crawley Ventures, along with existing investors Highway 12 Ventures and Village Ventures. Denver-based GutCheck is an on-demand market research firm.

PRESS RELEASE

Denver, CO – GutCheck, which brands of all sizes use to instantly assemble targeted, on-demand communities for timely, rich insights, announced today that it has completed a $4 million Series B equity financing. This financing includes new investors, Grotech Ventures and Crawley Ventures, along with existing investors Highway 12 Ventures and Village Ventures. GutCheck will use the cash infusion to expand sales, marketing and engineering to meet increasing customer demand.

GutCheck has “completely disrupted the market for on-line research communities by reducing the time-to-insights from weeks to hours,” said Joseph R. Zell, Grotech Ventures general partner. “We invested in the company because it has a significant competitive advantage with its technology-enabled solution and a breadth of clients small to large who use their solution routinely for real insights that are positively impacting their business decision making.”

GutCheck had a very successful year in 2012 and is raising the additional funds in order to fuel greater growth. Over the course of the past year the company launched its on-demand community solution, gaining significant traction in the marketplace while expanding its customer ranks to include corporate customers like Proctor & Gamble, as well as digital and creative agencies like 360i and Kaleidoscope.

The company is currently on track to triple sales in 2013, and is already ahead of projections for the second quarter. “The completion of our Series B funding is perfectly timed to allow us to grow the company and to meet the ever-growing need for agile market research,” said Matt Warta, CEO of GutCheck. “I am proud to lead the company as we leverage what we’ve learned and grow to meet the needs of our customers and target markets.”

“For years, products were marketed based on instinct or ‘gut’ alone, and you saw a lot of failures,” Zell added. ”Something like only 11 percent of Fortune 1000 companies are using feedback from their customers to refine and market their products, messages and services. GutCheck is changing that, because of its solution and its price point. The solution gives these Fortune 1000 companies the ability to be agile, refining their marketing concepts based on feedback from actual customers, gaining insights from targeted consumers in-the-moment, and optimizing products so that it pleases the people who are most likely to buy. That’s valuable, and GutCheck’s phenomenal growth is a testament to the value it brings to these brands.”

About GutCheck
GutCheck delivers a unique agile research solution that gives marketers, researchers, and agencies rich, consumer insights without spending weeks waiting for answers. The company won the top prize at DEMO in March 2011, and today customers work with GutCheck to refine product concepts, optimize marketing messaging and decipher social media sentiment to help them make brand business decisions faster and smarter. For press inquiries, please visit: http://www.gutcheckit.com.

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Technology products retailer CDW Corp, which was taken private by Madison Dearborn Partners LLC and Providence Equity Partners for $7.3 billion in 2007, expects to raise up to $738 million in its initial public offering, Reuters reported.

(Reuters) – Technology products retailer CDW Corp, which was taken private by Madison Dearborn Partners LLC and Providence Equity Partners for $7.3 billion in 2007, expects to raise up to $738 million in its initial public offering, according to a regulatory filing.

Private equity-backed companies made impressive debuts earlier this year as U.S. stock markets touched record highs. But markets have since eased on concern that the Federal Reserve will soon start to wind back its stimulus policies.

CDW, which sells products from Apple Inc, Hewlett-Packard Co and IBM Corp, among others, said it expected its offering of 27.9 million shares, excluding underwriters option, to be priced at between $20 and $23 each.

The company would be valued at about $3.87 billion at the top end of the range. It also had about $3.3 billion of long-term debt outstanding as of March 31.

The retailer, which sells both online and through its catalog, is offering 23.3 million shares, while stockholders are selling the rest.

Madison Dearborn, which is selling 2.4 million shares, is cutting its stake in the company to 36.9 percent from 45.9 percent. Providence Equity is selling 2.1 million shares, reducing its stake reduce to 32.6 percent from 40.6 percent.

CDW earned $247 million, excluding items, on sales of $10.1 billion in 2012.

CDW’s private equity owners will be hoping to match the success of recent private-equity backed IPOs including those of Bright Horizons Family Solutions Inc (BFAM.N: Quote, Profile, Research, Stock Buzz), Norwegian Cruise Line (NCLH.O: Quote, Profile, Research, Stock Buzz) and Boise Cascade (BCC.N: Quote, Profile, Research, Stock Buzz).

Other private equity-backed companies such as oil and gas company Antero Resources Corp and industrial distribution company HD Supply are also gearing up for IPOs this year.

J.P. Morgan, Barclays and Goldman Sachs & Co are leading the offering from Vernon Hills, Illinois-based CDW, which plans to list its shares on the Nasdaq under the symbol “CDW.”

Separately, online video advertising provider Tremor Video Inc filed with the U.S. Securities & Exchange Commission on Friday to raise up to $112 million through an IPO. (link.reuters.com/qyj88t)

New York-based Tremor, which counts Facebook Inc (FB.O: Quote, Profile, Research, Stock Buzz), Hulu and Google Inc’s (GOOG.O: Quote, Profile, Research, Stock Buzz) YouTube among its competitors, said it expected to price its offering of 7.5 million shares to be priced between $11 and $13 per share.
The company has applied to list its stock on the New York Stock Exchange under the symbol “TRMR.”

Diamond Resorts International Inc also filed to raise up to $200 million in an IPO.

The Nevada-based company operates 80 Diamond Resorts in the continental United States, Hawaii, Mexico, the Caribbean and Europe.

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Nyloncraft, a technical plastics company that is owned by Techniplas Group, has acquired NYX Fort Wayne from NYX Inc. No financial terms were disclosed. Angle Advisors acted as the investment banking advisor to NYX for this transaction. Based in Fort Wayne, Indiana, NYX Fort Wayne is a producer of plastic fluid reservoirs and related components for under-the-hood vehicular applications.

PRESS RELEASE

Birmingham, Michigan – June 14, 2013 – Angle Advisors is pleased to announce that Nyloncraft, Inc. (“Nyloncraft”), a Techniplas Group company, has acquired NYX Fort Wayne (“NYXFW” or the “Company”) from NYX, Inc. (“NYX”). Angle Advisors acted as the exclusive investment banking advisor to NYX in completing this transaction.
Based in Fort Wayne, Indiana, NYXFW is a leading North American manufacturer of pressurized plastic fluid reservoirs and related functional components for under-the-hood vehicular applications. The Company’s primary products include engineered, tight tolerance components such as brake reservoirs and surge tanks for automotive and heavy truck applications. As a full service Tier II supplier, the Company’s products are primarily molded from nylon composites and engineering-grade polypropylene. Featuring highly automated and vertically-integrated manufacturing operations, the Company serves its customers from a modern 50,000 square foot facility.
Jay Sandhu, Chief Executive Officer of NYX, commented, “Our management team at NYX Fort Wayne has executed very well and are excited to leverage Nyloncraft’s extensive process expertise to grow the business. Although we will miss our NYX Fort Wayne co-workers, the transaction will allow us to focus our resources and attention to the upcoming launches of our core offerings, as well as the expansion of our Tennessee molding operation and the startup of NYX, Mexico. We’d also like to thank the team at Angle Advisors who executed another very efficient sale process for us again with a strategic buyer. As with the divestiture of Bates, we are thrilled with the results of this transaction and were impressed with Angle’s ability to seamlessly execute these two transactions.”
George Votis, Chairman and Owner of the Techniplas Group, commented “Further enhancing the under-the-hood capabilities of the Techniplas Group of Companies, we are delighted to have the opportunity to add a proven technology leader in the field of vehicular brake reservoirs and surge tanks to our organization. The acquisition of NYX Fort Wayne exemplifies Techniplas Group’s and Nyloncraft’s focus on businesses with a leadership position in clearly-defined and defensible product niches. It was a pleasure to work with members of the NYX executive team as well as the professionals from Angle Advisors on the transaction. Angle’s deep knowledge of the plastics space and ability to navigate key business issues streamlined the final negotiations resulting in a timely close.”
Based in Livonia, Michigan, NYX designs, develops, and manufactures interior, automotive systems, and technology solutions for the automotive industry. For additional information, please visit www.nyxinc.com.
Nyloncraft, Inc. is a technical plastics company with facilities in Indiana and Michigan. Since being founded in 1956, the company has built a solid reputation within the automotive and heavy trucking industries for its ability to create new applications for existing and new technologies (i.e. new product innovations). The company does this while exceeding stringent automotive requirements to lower cost and reduce weight, and maintaining the highest level of quality and safety performance. For additional information, please visit www.nyloncraft.com.
Techniplas Group is a privately-held group of plastics-focused manufacturing businesses. Through expertise in custom thermoplastics and thermoset molding, engineering, and design, the Techniplas Group of Companies are well-positioned to fulfill the comprehensive requirements of its customers. In addition to Nyloncraft, other Techniplas companies include Dickten Masch Plastics, a custom thermoplastics and thermoset molder with technical expertise and advanced processing capabilities that produce unique advantages for customers in a range of industries, and Vallotech, a high-technology, precision manufacturer of thermoplastic, thermoset and metal insert parts for the automotive, electrical and mechanical markets based in Switzerland.
Angle Advisors, with offices in the United States, Germany, the United Kingdom, and China, specializes in mergers and acquisitions with a particular emphasis on the vehicular and industrial sectors. The firm’s 33 professionals have completed 85 M&A transactions since the beginning of 2009 for multinational corporations, privately-held companies, private equity funds, and public sector clients. For additional information, please visit www.angleadvisors.com.

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BNY Mellon- Alcentra Mezzanine Partners said on Friday that it hired Karin Kovacic as a vice president. In this position, Kovacic will focus on business development and initiatives across the Northeast and Mid-Atlantic region. Based in New York City, BNY-Mellon Alcentra Mezzanine Partners is a provider of senior debt and equity capital.

PRESS RELEASE

We are pleased to announce that Karin (McKittrick) Kovacic has joined BNY Mellon- Alcentra Mezzanine Partners as a vice president. In this role, she will focus on business development and origination initiatives across the North East and Mid- Atlantic region.
Before BNY Mellon- Alcentra Mezzanine Partners, Karin developed and implemented CBIZ MHM LLC’s growth, marketing and business development strategies in the New York Metropolitan area. Prior to joining CBIZ MHM, she spent four years as vice president at Fifth Street Capital, where she was responsible for North East deal origination, as well as coordinating their marketing and business development efforts. Karin serves as the President of the Association for Corporate Growth Connecticut Chapter and sits on the board of the New York AM&AA Chapter.
Please reach out to Karin below with any investment opportunities:
Karin (McKittrick) Kovacic
BNY Mellon- Alcentra Mezzanine Partners
200 Park Ave, 7th floor
New York, NY 10166
p: 212-922-8324
c: 914-960-1696
e: karin.kovacic@alcentra.com

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