Barry Whyte

Dean Capital Group has announced the opening of a few fund, Anadarko Basin I LP, which is offering investors access to crude oil and natural gas sector in Texas and Oklahoma. The fund will be “directly or indirectly acquiring, holding, managing, operating and selling oil and gas properties with Dean Capital Group acting as manager of the partnership,” according to the firm.

Permira, the private equity firm, is set to make it first deal in the healthcare industry in a decade with the purchase of the Irish medical device maker Creganna-Tactx Medical for about EUR 220 million ($304.7 million). Creganna is currently owned by the Quinn family and Altaris Capital Partners and they will retain a minority interest.

AAC Capital is planning to sell IMCD, the Dutch chemical distributor with $1 billion ($1.4 billion) in revenue, according to Reuters. AAC has hired UBS as an adviser. AAC is the former private equity arm of Dutch bank ABN AMRO.

Private equity firm Blackstone Group will not increase its offer for Dynegy Inc, the Texas energy company, saying that the $4.7 billion bid represents a ‘full and fair’ price, according to a Reuters report. Blackstone is currently offering $4.50 a share, but the shares have been trading higher than the bid, suggesting that some expect Blackstone to raise its bid.

Arclight Capital Partners, a Boston-based private equity firm, has acquired a 9.9 percent stake in Enogex, a subsidiary of OGE Energy Corp that deals with midstream natural gas pipelines. The deal will cost $183 million and is expected to be completed by November 1, 2010.

Marathon Oil Corp has agreed to sell most of its refining and marketing assets in Minnesota to ACON Investments and TPG Capital. The two private equity firms will buy the St. Paul Park refinery (which produces 74,000 barrels per day), 166 SuperAmerica convenience stores, interests in pipeline assets in Minnesota and associated inventories for about $900 million.

Imperial Capital Corporation, a Toronto-based private equity firm, has bought Petra Pet, Inc, a New Jersey manufacturer of dog treats. BMO Capital Corporation provided subordinated debt and equity capital in support of the acquisition and BMO Bank of Montreal provided senior debt facilities. The details of the transaction were not released.

Wilmington Trust Corp, a Delaware bank set up by the du Pont family, is looking for private equity investment, according to news reports. If the bank cannot raise more capital, it may try to sell itself.

The success of Danish jewellery maker Pandora’s $2 billion IPO could prompt Nordic Capital to resume its plans for an IPO for Falck, a Danish ambulance service, in 2011, according to Reuters. Nordic Capital owns 71.9 percent of Falck shares, with the private equity arm of Denmark’s largest investor, ATP, also involved. The previous Falck IPO plans were scuppered by nervous investors.

GLENTEL Inc, a Canadian telecommunications company, has bought wireless internet provider Diamond Wireless, a portfolio company of Unique Investment Corporation. Unique is a private equity firm based in Huntington Beach, California. Harris Williams & Co. advised Diamond. The terms of the deal were not released.