Dave Keating

The Boston-based firm will acquire Applied Systems from Vista Equity Partners for around $675 million.

The two firms have invested $430 million in a $500 million joint venture with US Shipping Partners.

The New York-based investment firm has launched Carl Marks Merchant Partners, a new unit that will focus on underperforming private companies.

As venture dollars pour into US alternative energy companies, some are starting to question whether there is too much money flowing toward too few sustainable ideas. Dave Keating reports.

Aramark chairman Joseph Neubauer has partnered with GS Capital, CCMP, JPMorgan, THLee and Warburg Pincus to buy the cafeteria operator, upping a May 1 bid.

The San Francisco-based firm will take software maker Embarcadero Technologies private for $234 million.

In one of two private equity investments in a professional services firm announced today, the San Francisco-based Hellman & Friedman will take a majority interest of AlixPartners along with the firm’s management.

Vanguard Car Rental Group, which operates the National Car Rental and Alamo brands, has filed to raise $300 million through an IPO of common stock.

Bear Stearns Merchant Banking will place an increasing focus on financial services companies as it seeks to differentiate itself from other ‘captive’ models.

This week’s $106m sale of Knape & Vogt to Chicago’s Wind Point Partners caps a tumultuous period that pitted members of the Knape family against one another. Dave Keating reports.