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Barbara Bradley Baekgaard, founder of Vera Bradley (Nasdaq: VRA), is the latest in a series of entrepreneurs highlighted at ACG New York Women of Leadership events. Photo credit: Robert Blumenfeld


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Expert's Corner

Pursuing Pharma Manufacturing
The fragmented pharmaceutical manufacturing industry provides plenty of opportunities for private equity investors, says JLL Partners founder Paul Levy

Today's Transactions:
ClearEdge Purchases UTC Power

The target develops fuel cells that aim to provide clean power for buildings, busses and cars

ClearEdge Power will purchase UTC Power for an undisclosed amount.

South Windsor, Conn.-based UTC Power is a subsidiary of United Technologies Corp. (NYSE: UTX). The target develops fuel cells that aim to provide clean power for buildings, busses and cars.

ClearEdge, headquartered in Hillsboro, Ore., provides energy services to commercial, institutional and residential customers. The buyer makes and sells on-site power systems that aim to deliver cost-effective power and heat and allow customers to save money. The deal was announced on Dec. 22. 


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