Monday, 25 May 2015
Last updated 3 days ago
Jul 18 2008 | 7:12am ET
Private equity firm Sentinel Capital Partners has closed on its latest buyout fund at $765 million.
Sentinel Capital Partners IV, like its predecessors, will focus on acquiring businesses with $5 million to $25 million of EBITDA in the consumer products, food and restaurants, franchising, manufacturing and service sectors. In addition to platform acquisitions, Fund IV will pursue add-on acquisitions for its portfolio companies.
“Small businesses outnumber large businesses 10 to one, and as baby boomer entrepreneurs continue to reach retirement age, we expect a strong, steady flow of very attractive deals in our strike zone for many years to come,” said John McCormack, Sentinel’s co-founder.
Sentinel’s previous fund, Sentinel Capital Partners III, closed in April 2005 with $319 million.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…