The upstart New York middle-market firm has acquired Priority Air Express from Berwind Financial for $75 million, its third investment since closing a debut fund last June.
Delta Capital Management, manager of the US Russia Investment Fund, has sold Russian consumer bank DeltaBank to GE Consumer Finance for a reported $100m.
ECI Partners has completed two deals in three days, investing £15m in an electronic archiving company and £35m in a sports online and mail order retailer.
The New York-based firm, which provides expansion-stage capital to healthcare companies, fell short of its original $300 million target.
The Greenwich, Connecticut firm’s third fund will invest in healthcare services, clinical products and healthcare outsourcing and infrastructure.
Carlyle Group, the Washington DC-based private equity firm, is launching a new European leveraged finance fund to invest in senior and mezzanine loans and high yield.
Dallas-based buyout house Hicks, Muse, Tate & Furst has bought Kerns Oil & Gas as it seeks further inroads into the energy sector.
The San Francisco-based firm, founded by former Bain Capital managing directors, will continue to focus its newest fund on multi-sector, ‘change-intensive’ businesses.
Following a transatlantic merger in 2002, Boston’s Audax Group has agreed to sell its vacuum pump platform Nash Elmo to publicly traded Gardner Denver for $223.5m.
Blackstone has joined the firm formerly known as Morgan Stanley Capital Partners in a $1.75bn investment in Vanguard Health Systems, an operator of acute care hospitals.