Firm News
Novacap Acquires Dialogic
November 24, 2014
SRZ advised Tennenbaum Capital Partners LLC, which manages funds with stock in network services company Dialogic Inc., in Dialogic’s sale. Entities affiliated with Novacap TMT IV LP, an investment fund focused on technology, media and telecommunications that is part of Canadian private equity firm Novacap, purchased Dialogic in a deal in which funds managed by Tennenbaum agreed to sell their majority stock and significant debt position. The merger agreement was announced on Oct. 10 and closed on Nov. 24.
The SRZ team representing Tennenbaum Capital Partners LLC in the transaction was led by mergers & acquisitions partner Eleazer Klein and includes environmental partner Howard B. Epstein, tax partner Dan A. Kusnetz, securities & capital markets associate Clara Zylberg and former Schulte lawyer Marc B. Friess.
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Alerts
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Alerts
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Alerts
The US Securities and Exchange Commission (“SEC”) and the Commodity Futures Trading Commission (“CFTC”) have overhauled Form PF and private fund managers have until March 12, 2025, to begin reporting on the new Form. The changes to the reporting requirements mandated by the amendments to the Form (“Form PF Amendments”) will require substantial preparation by many managers.[1]