Lower Middle Market Weekly Outlook

Transactions:

• Brynwood Partners buys Joseph’s Pasta Co.
• XPO Logistics to buy Pacer International for $335 million
• Aratana Therapeutics acquires Okapi Sciences NV
• Madison Dearborn Partners picks up LGS Innovations for $200 million
• Fortissimo takes one-third stake in One Hour Translation
• Beechbrook Capital completes two mezz loans and exits one

Events:

• Senate to confirm Janet Yellen as Fed chair on Monday

Opinions:

• Private equity deal volume likely to rise
• Investment banks just had their best year since 2007
• 2013 had the most IPO exits since 2007
• Private equity fundraising climbs 13% in 2013
• Top tech trends for 2014

This week in history… The nation’s first commercial bank, Bank of North America, opens its doors (1782).