Archive for July, 2006

Revolution Partners Advises Azyxxi in Sale to Microsoft

Monday, July 31st, 2006

Revolution Partners acted as the exclusive financial advisor to Azyxxi in its sale to Microsoft earlier this week.  Azyxxi, a health intelligence software that brings together all types of patient data from hundreds of sources, was created by Craig Feied, M.D., Mark Smith, M.D., and Fidrik Iskandar in 1996.  Azyxxi will be the foundation for the [...]

Revolution Partners Advises Surgient in $20MM Series C Funding

Tuesday, July 25th, 2006

Revolution Partners acted as the exclusive placement agent to Surgient in closing a $20 million dollar Series C round of funding from Crosslink Capital, Goldman Sachs and existing investors.  Surgient is the leader in virtual lab management applications for automating software demo.  The company also announced it has appointed Tim Lucas as its chief financial [...]

Mirus Crew Wins 12 Metre Regatta

Monday, July 24th, 2006

Congratulations to the Mirus Crew who won both heats of the 12 metre regatta abroad the boat Weatherly at The Northeast Bankruptcy Conference in Newport, RI last week.
Now in its thirteenth year, the annual Northeast Bankruptcy Conference brings together America’s preeminent insolvency professionals for five days of intense learning and fun.
Read the news from Mirus [...]

Mirus Capital Advisors Names Laura Kevghas Principal

Monday, July 24th, 2006

Laura Kevghas of Mirus Capital Advisors, Inc. has been appointed a principal of the investment banking firm.  Mirus serves venture backed start-ups, publicly traded companies, and family-owned firms through North America and Europe in mergers, acquisitions, buy-outs and recapitalizations.  Previously, Kevghas served as vice president of Mirus from 1988 to 1996, before joining Advanstar Communications [...]

Audax Group Acquires Show Management with Questex

Thursday, July 20th, 2006

Audax Group, together with Questex Media Group, Inc., acquired Show Management, Inc. from Magda Fichter, who will remain with the business.  Debt financing was provided through an increased committment arranged by BMO Capital Markets.  Show Management produces trade shows for the international health and beauty industry.  The shows strengthen the portfolio of Questex.
Audax Group formed [...]

Harris Williams Advises Component Hardware Group, Inc. in Sale to Liberty Partners

Wednesday, July 19th, 2006

Harris Williams & Co. announced the sale of Component Hardware Group, Inc. to Liberty Partners in a transaction that closed July 14, 2006.  Component Hardware Group, Inc. is a portfolio company of BancBoston Capital and a leading designer and supplier of specialty foodservice hardware components and plumbing products used in commercial and institutional environments, such [...]

Brown Brothers Harriman’s Economic & Market Review

Monday, July 17th, 2006

Brown Brothers Harriman released their 2006 state of the economy review entitled "A Riskier World With Narrowing Options" this month.  The review highlights their following expectations:

Economic performance in the U.S. will be more volatile while economic momentum across the developed and developing world gains momentum
An important leadership change for the U.S. economy will take place, [...]

Summit Partners Promotes Christopher Dean to General Partner

Friday, July 14th, 2006

Summit Partners has promoted Christopher Dean to General Partner.  Dean joined the firm’s Boston office in 2001 as Vice President and "has been instrumental in working with many of the firm’s portfolio companies, including optionsXpress Holdings, FleetCor Technologies, Senior Home Care, PSC Info Group, Liquidnet Holdings, OnSite E-Discovery, and Commercial Defeasance."
Before joining Summit Partners, Dean [...]

Harris Williams & Co. Advises Conrad Fafard, Inc. in Sale to Syngenta

Thursday, July 13th, 2006

Advised by Harris Williams & Co., Conrad Fafard, Inc. signed a definitive agreement to be acquired by Syngenta, a "world-leading agribusiness committed to sustainable agriculture through innovative research and technology."  Conrad Fafard, Inc. is a leading producer of packaged soil mixes and headquartered in Agawam, MA. 
Harris Williams was the exclusive advisor to Fafard in the acquisition.  [...]

Corporate Executives Plan More U.S./Cross-Border M&A

Monday, July 10th, 2006

KPMG LLP, an audit, tax and advisory firm, polled 138 senior executives for their opinions on M&A.  Their results showed an increased concentration on U.S. and cross-border M&A, as well as "making an outright acquisition or shedding a non-core business asset," with 66 percent of respondents expecting to do one international deal this year.
"More and [...]