Parthenon Capital’s Spring Update is full of news. One of the more interesting deals: as an equity partner in Precision Optronics, Inc., Parthenon saw the company acquired by L-3 Communications – which supplies high-tech surveillance and related technology services to the U.S. government.
Based in Wilmington, MA, Precision Optronics is a leader in the design and manufacture of "optics, [...]

Harris Williams & Co. has sent an associate, Michael Bor, to work with the company’s international partner Close Brothers, a leading European boutique financial advisory firm. Mr. Bor will be based in London.
This move is part of a unique reciprocal program that allows investment banking professionals from each firm to gain experience working in one another’s office. This [...]

June 14th, Boston Marriott Copley Place
Register for ACG Boston’s annual Growth Conference and you’ll get the chance to win tickets to 2 Red Sox vs. Yankees match-ups, a game apiece at Fenway and Yankee Stadium. You’ll also get three extra tickets for each game to bring along friends, family or colleagues. PLUS, you’ll receive a chartered flight down to [...]

Harris Williams & Co. announced the formation of a dedicated Technology Group, to be headed by Jeffery M. Bistrong, Managing Director in the firm’s Boston office. Mr. Bistrong has spearheaded the firm’s technology practice for several years. Additionally, the firm hired David W. Joncas, previously SVP with Jefferies Broadview, as Director to lead the group’s efforts [...]

Audax Private Equity (together with management) has completed the acquisition of CIBT, the "world’s leading travel document specialist and expediting service."  
W.Y. Campbell & Company advised CIBT and American Capital Strategies, Ltd. provided debt financing.
CIBT handles everything from passport processing to international phone rentals.  For the phone rental component, CIBT offers cellular or satellite phones, and handles everything [...]

It only takes a couple of minutes and the data we gather from you generates useful insights into the dealmaking environment, raising awareness of ACG as a source of information regarding M&A and corporate growth among prospective ACG members and the media.
In fact, media interest in past survey results have been outstanding. January 2006’s survey results were [...]

Audax Group announced here that is has sold Overton’s, the largest water sports and marine accessory catalog operation in the United States, to Linsalata Capital Partners, a leading middle-market buyout firm based in Ohio.
Audax acquired Overton’s in August 2003.
Fun summer fact: About one quarter of affluent Americans already own a boat, or plan to buy one [...]

Eleven Technology, based in Cambridge, MA, provides handheld software for the consumer packaged goods industry that helps field teams drive sales, merchandising, and deliveries. Best known for GPS technology, "Trimble integrates a wide range of positioning technologies including GPS, laser, optical and inertial technologies with application software, wireless communications, and services to provide complete commercial solutions." 
Here, Revolution Partners [...]

Growth Conference/Capital Connection: Wednesday, June 14, 2006, Boston Marriott Copley Place
This is one ACG Boston event you can’t miss, a day of networking and dealmaking you won’t find anywhere else this year. From the website:
Last year, the 2005 Growth Conference pulled in more than 1,000 business managers across a wide range of industries including representation [...]

Dealmaker’s Breakfast: Thursday May 18, 2006, Boston Harbor Hotel, 7:30AM – 9:15AM
Charlie Baker, President and CEO of Harvard Pilgrim Health Care, will be speaking at the upcoming Dealmaker’s Breakfast.
A little background:
Before coming to Harvard Pilgrim in May 1999, he was president and CEO of Harvard Vanguard Medical Associates.
Prior to joining Harvard Vanguard, Baker spent [...]