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Press Releases

• Global Payments Completes Sale of its Money Transfer Businesses
  ATLANTA, May 26, 2010 /PRNewswire via COMTEX/ --Global Payments Inc. (NYSE: GPN), a leading provider of electronic transaction processing solutions, announced today that it has completed the divestiture of its DolEx- and Europhil-branded money transfer businesses to an affiliate of Palladium Equity Partners, LLC. read more
• Palladium Portfolio Company Wise Foods Receives The M&A Advisor’s “Refinancing of the Year” Award
  NEW YORK, April 2, 2010 – Wise Foods, Inc. (“Wise”), one of the largest manufacturers of potato chips and salty snacks on the eastern seaboard, today announced that it has been awarded The M&A Advisor’s 2010 “Refinancing of the Year” award for the successful refinancing of its credit facilities in 2009. read more
• Global Payments Enters into Agreement to Sell its Money Transfer Businesses
  ATLANTA, Wednesday, November 18, 2009 – Global Payments Inc. (NYSE: GPN), a leading provider of electronic transaction processing solutions, announced today that it has signed an agreement to sell its DolEx- and Europhil-branded money transfer businesses to an affiliate of Palladium Equity Partners, LLC. read more
• Wise Foods Refinancing
  09/22/2009 – Wise Foods, Inc., a leading regional salty snack company, announced today the completion of a new $25 million credit facility. The new facility is being provided by GMAC Commercial Finance, as Lender and Arranger, and Siemens Financial Services, Inc. as Lender and Syndication Agent, and includes a revolving credit line and a term loan. read more
• Palladium Equity Partners Completes Acquisition of Capital Contractors, Inc.
  09/21/2009 – Palladium Equity Partners, LLC and its affiliates (“Palladium”) announced today that it has advised Palladium Equity Partners III, L.P. (“Fund III”) on the acquisition of Capital Contractors, Inc. and its affiliates (“CCI” or the “Company”) in partnership with Dennis Kaplan, the Company’s President and Chief Operating Officer. Based in Melville, New York, CCI is one of the largest privately held providers of janitorial and facilities maintenance services in North America. The transaction terms were not disclosed.read more
• Celeritas Management Joins Forces with ANC Sports Enterprises
  07/20/2009 - Celeritas Management announced today its acquisition of a majority stake in ANC Sports Enterprises, a leading provider of team and venue services for over 200 professional, collegiate and amateur sports organizations and events. The transaction is part of Celeritas’ strategy to build a diversified set of assets in the sports, entertainment and marketing services businesses. read more
• Cannella Response Television Attracts Major Investment from ZM Capital and Palladium Equity Partners
  06/16/2009 - Cannella Response Television (“Cannella”), a leading direct response television media service company, today announced that affiliates of two established investors in media — ZM Capital and Palladium Equity Partners — have made a significant investment in the company that will allow it to expand its current offering of media products to major direct response television advertisers.read more
• Heritage Bank, N.A. To Become Herald National Bank
  01/05/2009 - NEW YORK--(BUSINESS WIRE)--Heritage Bank N.A. (NYSE Alternext US: HNB), a nationally chartered commercial bank based in New York City, announced today that it will officially change its name, and be known as Herald National Bank. The change comes following a conflict with a New Jersey based commercial bank that holds the trademark rights to the Heritage brand. The current stock symbol of HNB will remain unchanged. While the legal and regulatory steps to formalize the name change will be completed over the next 4-6 weeks, the bank began operating under the Herald National Bank trade name upon the close of business on Friday, January 2, 2009.read more
• Heritage Bank (In Organization) Receives Significant Capital Commitments from Three Private Equity Firms
  11/19/2008 - The organizers of Heritage Bank (In Organization) announced today that Palladium Equity Partners, LLC (“Palladium”), a New York-based private equity firm, has become a significant minority investor in Heritage Bank.read more
• Palladium Equity Partners Acquires American Gilsonite Company
  03/08 - Palladium Equity Partners, LLC, a New York-based private equity firm, announced that it has acquired American Gilsonite Company, Inc., a leading provider of high-quality Gilsonite and Gilsonite products and services, in a transaction valued at approximately $74 million.read more
• Palladium Equity Partners Makes Investment in Mission Community Bank
  03/08 - Palladium Equity Partners, LLC, a New York-based private equity firm, announced that it has made an investment in Mission Community Bancorp, the parent of Mission Community Bank, a full service community bank headquartered in San Luis Obispo on California’s central coast.read more
• Palladium Equity Partners Announces Investment in Carpio Solutions
  04/22/08 - Palladium Equity Partners, LLC, a New York-based private equity firm, announced today that it has made a significant investment in Carpio Solutions, a global provider of business systems solutions headquartered in the Research Triangle Park in North Carolina. The Company provides technology solutions, software and services for mid-sized businesses throughout the Americas.read more
• Palladium Equity Partners Backs Leading Management Team to Acquire Remesas Quisqueyana, Inc. (RQI)
  04/16/08 - Palladium Equity Partners, LLC (“Palladium”), a New York-based private equity firm, announced today that it has teamed up with a management-led acquisition group and other co-investors to acquire Remesas Quisqueyana, Inc. and Affiliates (“RQI” or the “Company”), a family-owned and operated company that offers money transfers and other services largely to Hispanic customers. The transaction terms were not disclosed. read more
• Palladium Equity Partners Makes Investment in DailyMe, Inc.
  10/24/07 - Palladium Equity Partners, LLC, a New York-based private equity firm, announced today that it has made an investment in DailyMe, Inc., a media company that provides personalized news and information on-demand, delivered across multiple media platforms. read more
• Palladium Equity Partners Acquires Manufacturer of La Vaquita Products, Castro Cheese Company
  09/17/07 - Palladium Equity Partners, LLC, a New York-based private equity firm, announced today that it has acquired Castro Cheese Company Inc., a leading manufacturer, marketer and distributor of Hispanic cheeses and creams. read more
• Palladium Equity Partners Makes $10 Million Commitment to Starfire Systems
  07/11/07 - Palladium Equity Partners, LLC, a New York-based private equity firm, and Starfire Systems, Inc., a leading global developer and manufacturer of nanostructured advanced ceramic materials and finished products, today announced that Palladium has committed to invest up to $10 million in Starfire through the acquisition of preferred stock in a private placement. read more
• Palladium Equity Partners to Open California Office
  06/04/07 - Palladium Equity Partners, LLC today announced the launch of its office in Los Angeles, the largest Hispanic market in the United States. read more
• Palladium Equity Partners Announces Investment In Leading All-Natural, Gourmet Snack Food Company Sahale Snacks
  03/08/07 - Palladium Equity Partners, LLC, a private equity firm based in New York, announced today that it has made a significant minority investment in Sahale Snacks, a Seattle-based producer of branded and private label all-natural, gourmet snack food products. read more
• Palladium Equity Partners Announces Investment In Todobebé, Inc.
  03/06/07 - Palladium Equity Partners, LLC, a private equity firm based in New York, announced today that it has made an investment in Todobebé, Inc., a leading multimedia company focused on Hispanic parenting. read more
• Wise Foods Named Official Potato Chip and Cheez Doodle® Sponsor of the Boston Red Sox
  02/21/07 - Wise Foods, Inc., a leading regional producer of salty snacks, and the Boston Red Sox announced today that Wise has been named Official Potato Chip and Cheez Doodle® Sponsor of the team. In addition, David Ortiz, one of the most respected hitters in baseball, has been named the team’s “Wise Player.” read more
• Palladium Equity Partners Completes a $58.3 Million Recapitalization For Prince Minerals, Inc.
  01/09/07 - Palladium Equity Partners, LLC (“Palladium”) and Prince Mineral Holdings Corp (“PMHC” or “the Company”), a Palladium Equity Partners II, L.P. portfolio company, announced today that they have completed a $58.3 million recapitalization of Prince Minerals, Inc., a leading producer and marketer of specialty mineral products and a subsidiary of PMHC. read more
• ICV Capital and Palladium Equity Partners Announce Sale of Hilsinger Holdings To PNC Equity Partners
  01/02/07 - ICV Capital Partners, LLC (ICV) and Palladium Equity Partners (“Palladium”) today jointly announced the sale of Hilsinger Holdings to PNC Equity Partners. Terms of the transaction were not disclosed. read more
• Palladium Equity Partners Announces Investment in ATC Panels
  11/16/06 - Palladium Equity Partners, LLC today announced that it has made a significant minority investment in Aconcagua Holdings, owner of ATC Panels, a fast-growing producer of particleboard, low density fiberboard, medium density fiberboard, high density fiberboard and thermally fused melamine panels. ATC Panels employs approximately 600 individuals throughout North America and is headquartered in Moncure, NC. en españolread more
• Palladium Equity Partners Announces Investment in PROMÉRICA Bank
  10/26/06 - Palladium Equity Partners, LLC today announced that it has signed a definitive agreement to invest in PROMÉRICA Bank (I.O.), the first Latino-owned commercial bank to form in California in more than 30 years. This is the second investment of Palladium Fund III, which closed in March 2006 with $520 million of committed capital. en españolread more
• Palladium Equity Partners featured on USHCC’s Hispanics Today,
  July 29-30, 2006
  7/28/06 - Hispanics Today is a national half-hour, weekly syndicated television show. Hispanics Today showcases the contributions of Hispanic leaders in business, entertainment, politics, culture and sports, and addresses the issues that affect the Latino community. read more
• Gary D. Nusbaum Joins Palladium Equity Partners as a Managing Director
  6/14/06 - Palladium Equity Partners, LLC, a leading private equity firm based in New York, today announced that Gary D. Nusbaum has joined the firm as Managing Director. Mr. Nusbaum’s background includes extensive experience in private equity, including the U.S. Hispanic market and Latin America. en españolread more
• Palladium Equity Partners Completes Final Closing on $520 Million Hispanic Market Focused Fund
  4/17/06 - Palladium Equity Partners, LLC has raised a $520 million private equity fund, believed to be the largest such fund to date, focused on investing in companies expected to benefit from the explosive growth of the U.S. Hispanic population, as announced today by Marcos A. Rodriguez, Managing Member. en españolread more
• Taco Bueno Plans Over 70 Units Within the Next Seven Years with the Signing of Five Development Agreements
  1/19/06 - Taco Bueno Restaurants plans for expansion once again with the signing of development agreements with five new franchise groups who have committed to opening more than 70 Taco Bueno locations across North Carolina, Oklahoma, East, Central and South Texas and New Mexico. read more
• Wise Foods Partners With Employees, Communities on Hurricane Relief
  9/20/05 - Wise Foods Inc., a leading regional producer of salty snacks, said today that it is providing relief to regions of Louisiana and neighboring states affected by Hurricane Katrina through the donation of its own products and by providing transportation and logistics for aid in communities where it has a presence. read more
• Palladium Equity Partners Completes Acquisition of Taco Bueno Restaurant Chain
  8/10/05 - Palladium Equity Partners, a private equity firm based in New York, announced today that it has completed its acquisition of TB Corporation, parent of the Taco Bueno restaurant chain, from Jacobson Partners, a private equity firm based in New York. Taco Bueno is a premium quality, quick service restaurant chain offering Mexican food in locations in Texas, Oklahoma and Kansas. read more
• Palladium Equity Partners and Jacobson Partners Announce Agreement for Sale of Taco Bueno Restaurant Chain
  6/27/05 - Palladium Equity Partners, LLC, a private equity firm based in New York, announced today that it has signed a definitive agreement to acquire TB Corporation, parent of the Taco Bueno restaurant chain, from Jacobson Partners, a private equity firm based in New York. Taco Bueno is a premium quality, quick service restaurant chain offering Mexican cuisine in locations in Texas, Oklahoma and Kansas. en españolread more
• Wise Foods Named Official Potato Chip and Cheez Doodle® Sponsor for The New York Mets
  6/20/05 - Wise Foods Inc., a leading regional producer of salty snacks, and the New York Mets announced today that Wise has been named Official Potato Chip and Cheez Doodle® Sponsor for the New York Mets. Wise has also been named Starting Lineup Sponsor, and will be sponsoring Mets infielder Jose Reyes as the team’s “Wise Player”. en españolread more
• Prince Mineral Company, Inc. Announces the Acquisition of American Minerals, Inc.
  3/23/05 - Prince Mineral Company, Inc. (“Prince”), announced today that it has acquired the business and assets of American Minerals, Inc. (“AMI”). read more