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The pig in the python: Baby Boomers are strangling the economy they built by refusing to move or retire

2

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

3

The U.S. campaigned to host the World Cup. Now soccer fans will trade their countries' train system for the U.S.'s 'D' rated infrastructure

Private equity deals

By
Dan Primack
Dan Primack
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By
Dan Primack
Dan Primack
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February 14, 2012, 3:07 PM ET

Alpine Investors and Skylight Capital have sponsored a recapitalization of Abacus Plumbing, a Houston, Texas-based provider of residential plumbing and sewer services. No financial terms were disclosed. www.abacusplumbing.net

Aptuit Laurus Pvt Ltd., an Indian pharmaceutical company, has raised around $40.6 million in new funding led by Fidelity Growth Partners. www.aptuitlaurus.com

The Gores Group has completed its previously-announced acquisition of The Hay Group, a Germany-based manufacturer of forged and machined components for engines, gearboxes and axles. No financial terms were disclosed. www.gores.com

Hicks Equity Partners has acquired a majority interest in Directional Rentals Inc., a Lafayette, La.-based renter of equipment to directional drilling companies for bottom hole assemblies. Capital One Leverage Finance provided a term financing to Directional Rentals, while Energy Capital Solutions advised the sellers.

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