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Frazier Growth Buyout Announces the Promotions of Jeremy Janson and Shyamal Swami to Vice President streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Belmont Medical Technologies Receives $221K in Training Grant News provided by Share this article Share this article BILLERICA, Mass., March 17, 2021 /PRNewswire/ Belmont Medical Technologies, a leading provider of fluid resuscitation and patient temperature management solutions, was awarded $221,915 in grant funding via the Commonwealth of Massachusetts Workforce Training Fund Program. (PRNewsfoto/Belmont Medical Technologies) We are grateful to be one of the grant recipients and remain committed to creating jobs in the Commonwealth of Mass. Belmont Medical Technologies currently employs 187 associates, including 137 in Massachusetts. The training plan made possible by this grant will focus on enhancing critical skills in the areas of Lean Principles, People Management, and Train the Trainer to further develop and sustain Operational Excellence at Belmont s 56,000 square foot facility. The grant will be administered over a 2-year period and has be ....
Press release content from Business Wire. The AP news staff was not involved in its creation. Audax Private Debt Provides Financing to Support Backstage’s Acquisitions of StarNow and The Mandy Network March 10, 2021 GMT NEW YORK (BUSINESS WIRE) Mar 10, 2021 Audax Private Debt announced that, as Administrative Agent and Lead Arranger, it provided a senior secured credit facility to support add-on acquisitions for Backstage (the “Company”), a portfolio company of TA Associates and online career platform for creative talent. Backstage acquired The Mandy Network, a UK-based talent platform for cast, crew, production services and creative professionals, and StarNow, a New Zealand-based talent platform for actors, models, influencers, and musicians. ....
Press release content from Business Wire. The AP news staff was not involved in its creation. Audax Private Debt Provides Financing to Support Entrepreneurial Equity Partners’ Acquisition of Ya YA Foods March 5, 2021 GMT NEW YORK (BUSINESS WIRE) Mar 5, 2021 Audax Private Debt announced that it was the sole investor in a mezzanine financing supporting the acquisition of Ya YA Foods (the “Company”) by Entrepreneurial Equity Partners’ (“e2p”). Ya YA Foods is a leading contract manufacturer of a broad range of aseptic food and beverage products including plant-based and high protein beverages, fruit juices, sports drinks, broths, and specialty milk and dairy beverages. Founded in 2008 and headquartered in Toronto, Ya YA Foods is one of the largest and most capable co-packers in North America, with over 500,000 square feet of manufacturing space designed to meet customer food safety and quality requirements. Utilizing cutting-edge aseptic and hot-fill p ....
Private Equity Firms Are Piling On Debt to Pay Dividends Dividend recaps, a kind of borrowing long condemned for loading up companies with debt for the benefit of their private equity owners, has surged. Using borrowed money, the Blackstone Group of New York got about $200 million in dividends out of a company it controls, in a transaction called a dividend recapitalization.Credit.Bloomberg Feb. 19, 2021 The initial public offering of Apria Healthcare last week was a $170 million boon to Blackstone Group, the private equity firm that is Apria’s majority owner. But as lucrative as that payday was, it wasn’t as good as the one Blackstone extracted from the company just a few weeks earlier: about $200 million in dividends, paid with borrowed cash. ....