Ropes & Gray

GHO Capital invests in Sapio Sciences, a leading, high growth lab informatics platform company

Retrieved on: 
Thursday, December 1, 2022

The business is optimally positioned in a high growth market where many incumbent solutions are not fit for purpose.

Key Points: 
  • The business is optimally positioned in a high growth market where many incumbent solutions are not fit for purpose.
  • GHOs support and investment will allow Sapio to explore multiple avenues for growth and expansion for the company, product offering and global footprint.
  • The Partners at GHO Capital, said, The trend towards adopting lab informatics solutions is accelerating.
  • Sapio provides LIMS, ELN, and Scientific Data Management Solutions through its flexible, scalable, and easy-to-use Seamless Informatics Platform.

Audax Private Equity Completes Investment in Salon Lofts

Retrieved on: 
Wednesday, November 30, 2022

Audax Private Equity (Audax) announced a strategic growth investment in Salon Lofts (the Company), one of the largest developers and operators of company-owned salon suites.

Key Points: 
  • Audax Private Equity (Audax) announced a strategic growth investment in Salon Lofts (the Company), one of the largest developers and operators of company-owned salon suites.
  • Based in Columbus, Ohio, Salon Lofts has over 210 stores across 10 states, and provides nearly 5,500 Loft Owners access to private salon suites.
  • We commend Salon Lofts team on building an impressive brand while quickly scaling the business across multiple geographies, said Jason Ellis, Managing Director at Audax Private Equity.
  • Audax Private Equity has invested over $9 billion in more than 150 platforms and over 1,100 add-on companies, and is currently investing in add-ons out of its $3.5 billion, sixth private equity fund.

Oxford Global Resources, an H.I.G. Capital Portfolio Company, Acquires Hale International

Retrieved on: 
Tuesday, November 29, 2022

"), a leading global alternative investment firm with over $52 billion of equity capital under management, is pleased to announce that its portfolio company, Oxford Global Resources (Oxford or the Company), a leading provider of specialty staffing and consulting services in the United States and Europe, has acquired Hale International (Hale).

Key Points: 
  • "), a leading global alternative investment firm with over $52 billion of equity capital under management, is pleased to announce that its portfolio company, Oxford Global Resources (Oxford or the Company), a leading provider of specialty staffing and consulting services in the United States and Europe, has acquired Hale International (Hale).
  • Hales founder and CEO, Matthew Cox, as well as the Hale team, have joined Oxford and will continue to lead Hale as the Workday focused division of Oxford.
  • Together, Oxford and Hale will leverage our combined strengths to bring additional capabilities and services to our customers.
  • Neither Oxford Global Resources nor Hale International are affiliated with Workday, Inc., nor does Workday, Inc. sponsor or endorse either their business or their services.

Audax Private Equity Announces Acquisition of Medi-Weightloss, Inc.

Retrieved on: 
Monday, November 28, 2022

Audax Private Equity (Audax) announced the acquisition of Medi-Weightloss, Inc. (the Company), a leading operator of science-based, physician-supervised weight-loss and wellness clinics, with approximately 100 franchised and company-owned locations nationally.

Key Points: 
  • Audax Private Equity (Audax) announced the acquisition of Medi-Weightloss, Inc. (the Company), a leading operator of science-based, physician-supervised weight-loss and wellness clinics, with approximately 100 franchised and company-owned locations nationally.
  • Medi-Weightloss represents a prototypical deal for our Origins strategy, which builds on Audax historic focus in the lower middle market, added Keith Palumbo, Managing Director at Audax Private Equity.
  • Since its founding in 1999, the firm has raised over $32 billion in capital across its Private Equity and Private Debt businesses.
  • Audax Private Equity has invested over $9 billion in more than 150 platforms and over 1,100 add-on companies, and is currently investing in add-ons out of its $3.5 billion, sixth private equity fund.

Jessica Murray Joins Ropes & Gray in New York, Adding Strength to Market-Leading Private Equity Practice

Retrieved on: 
Monday, November 28, 2022

She has guided private equity investments across industries, including in financial services, health care, business services, asset management and consumer products.

Key Points: 
  • She has guided private equity investments across industries, including in financial services, health care, business services, asset management and consumer products.
  • Ropes & Gray's 400-lawyer private equity transactions and private funds teams have received the industry's top accolades over many decades.
  • Law360 named Ropes & Gray "Private Equity Group of the Year" for five straight years and has also garnered the publication's "Fund Formation Group of the Year" award.
  • "Ropes & Gray is a top firm for private equity investors seeking creative and strategic guidance," said Jessica.

Sandbridge X2 Corp to Hold Special Meeting of Stockholders to Obtain Stockholder Approval to Liquidate Trust Account Before Year-End

Retrieved on: 
Wednesday, November 16, 2022

The record date for the meeting is 5:00 p.m., New York Time, on October 31, 2022.

Key Points: 
  • The record date for the meeting is 5:00 p.m., New York Time, on October 31, 2022.
  • For more information, please see the definitive proxy statement filed with the SEC on October 31, 2022.
  • Stockholders are encouraged to contact their brokerage firm or bank or Sandbridges transfer agent for additional information regarding redemption procedures.
  • Nothing in the foregoing communication shall constitute a solicitation to buy or an offer to sell any of the Companys securities.

PTC to Acquire Leading SaaS Field Service Management Provider ServiceMax

Retrieved on: 
Thursday, November 17, 2022

ServiceMax is a recognized leader in cloud-native, product-centric field service management (FSM) software.

Key Points: 
  • ServiceMax is a recognized leader in cloud-native, product-centric field service management (FSM) software.
  • "The addition of ServiceMax will realize a key part of PTC's closed-loop PLM strategy," said Jim Heppelmann, President and CEO, PTC.
  • Partners since 2015 , PTC and ServiceMax both support manufacturers of complex, highly configured products for the medical device, industrial products, aerospace, and related verticals.
  • For example, by remotely monitoring connected products with ThingWorx, customers could proactively detect service needs and automatically generate service orders in ServiceMax.

Partners Group acquires EdgeCore Digital Infrastructure, a hyperscale data center platform in the US

Retrieved on: 
Friday, November 11, 2022

Partners Group acquires EdgeCore Digital Infrastructure, a hyperscale data center platform in the US

Key Points: 
  • Partners Group acquires EdgeCore Digital Infrastructure, a hyperscale data center platform in the US
    Partners Group, a leading global private markets firm, has, on behalf of its clients, acquired EdgeCore Digital Infrastructure ("EdgeCore" or "the Company"), an owner, operator, and builder of hyperscale data centers in the US.
  • Partners Group will invest up to USD 1.2 billion to fund the acquisition and buildout of existing and future data center sites.
  • Data center contracts are often long-term, with customers charged a price based on their contracted power capacity, leading to highly visible cashflows.
  • EdgeCore has four power- and shovel-ready campuses, operational data center buildings, and the ability to expand investment across the US.

GHO Capital and The Vistria Group to acquire Alcami, a leading high growth CDMO, from Madison Dearborn Partners and Ampersand Capital Partners

Retrieved on: 
Tuesday, November 8, 2022

GHO and The Vistria Group have excellent reputations for partnering with high growth companies that create value for all stakeholders.

Key Points: 
  • GHO and The Vistria Group have excellent reputations for partnering with high growth companies that create value for all stakeholders.
  • We have built a strong relationship with the Alcami management team and have been impressed by the significant transformation program and high growth.
  • GHO Capital and The Vistria Group will acquire a 50/50 controlling interest in Alcami from funds affiliated with MDP and Ampersand.
  • Alcami's private equity ownership includes GHO Capital, The Vistria Group, and Ampersand Capital Partners.

Jackie Cohen Joins Ropes & Gray in New York, Enhancing the Firm's Top-Tier M&A Practice

Retrieved on: 
Tuesday, November 8, 2022

Chambers-ranked for Corporate/M&A in New York, Jackie advises clients on complex, high-profile mergers, acquisitions, joint ventures, divestitures, spin-offs and strategic investments.

Key Points: 
  • Chambers-ranked for Corporate/M&A in New York, Jackie advises clients on complex, high-profile mergers, acquisitions, joint ventures, divestitures, spin-offs and strategic investments.
  • "Jackie has built a formidable practice in New York, advising clients on complex, market-leading transactions across industries and around the globe.
  • "Ropes & Gray's M&A practice has experienced robust growth, captured market share, and expanded and added new clients," Jackie said.
  • "The transactions market is defined by complexity right now, and Ropes & Gray has the best team to help clients navigate it."