2007

James River Group

December 2007

James River Group merged with a subsidiary of Franklin Holdings (Bermuda), Ltd., a Bermuda-based holding company.  The approximate equity value of the transaction was $573 million.

Clear Signal Towers, LLC

Fall 2007

Clear Signal Towers , LLC has entered into agreements to develop its first wireless communication towers.

Mid-Atlantic Dairy Queen, LLC

Fall 2007

Mid-Atlantic Dairy Queen, LLC sold selected real estate associated with its business in several sale-leaseback transactions.  The company will continue to operate stores under long-term leases at these locations.

Happy's Exposition Center, LLC

July 2007

Happy’s Exposition Center , LLC, a subsidiary of American Exposition Centers, LLC, was sold to a real estate investor.

Med-IQ, LLC

April 2007

Med-IQ, LLC sold Physicians Practice, LLC to United Business Media Plc. Physicians Practice is one of the largest practice management publications in the United States .  Virginia Capital and other investors retained interests in Med-IQ, LLC, which will focus on the continuing medical education business.

Archived portfolio news