cnolan

China Tianrui Group Cement, a company backed by buyout firm Kohlberg Kravis Roberts & Co., has raised $124 million in an initial public offering in Hong Kong, Reuters reported, citing IFR. The company, based in Henan province in eastern China, priced roughly 401 million new shares at HK$2.41 each, putting the deal at HK$966.17 million ($124.12 million), wrote Reuters.

Duff & Phelps Corp., a listed financial advisory and investment banking firm, will acquire Silicon Valley-based investment banking and valuation services firm Pagemill Partners. Terms of the deal were not released. The deal is expected to close by the end of the year.

Boston-based First Wind, which is funded by private equity firm Madison Dearborn and hedge fund operator D.E. Shaw, said that it has sealed $210 million in financing for its subsidiary Palouse Wind LLC. The company will use the financing to continue construction of its wind facility in Whitman County, Wash. Palouse closed an approximate $170 million construction and term facility loan, and letters of credit of up to $40 million. KeyBank National Association served as the joint lead arranger and administrative agent, and Nordduetsche Landesbank Girozentrale, CoBank ACB, and Banco Santander served as joint lead arrangers.

Vistaprint, the listed maker of professional marketing products and services, said it will acquire venture-backed Webs for $117.5 million. Webs is based in Silver Spring, Maryland, and has raised venture capital from Novak Biddle Venture Partners and Columbia Capital.

Grocery store chain BI-LO LLC is taking supermarket owner Winn-Dixie Stores Inc. private in a $560 million cash deal. Greenville, South Carolina-based BI-LO is owned by private equity firm Lone Star. The $9.50 per share offer represents a premium of approximately 75% over Winn-Dixie’s closing price Friday. Bi-Lo, which was sold to Lone Star in 2005, has struggled in recent years. The company emerged from bankruptcy protection in May 2010.

DNA testing company DNA Diagnostics Center has acquired Orchid Cellmark Inc.’s government paternity business. Terms of the deal were not released. DDC is a portfolio company of MTS Health Investors, which acquired the company in October 2008.

New York-based buyout shop Harvest Partners has completed its acquisition of Driven Brands Inc. Terms of the deal were not released. Charlotte, N.C.-based Driven Brands is a franchisor in the automotive aftermarket services industry. Harvest bought the company from Carousel Capital.

Oaktree Capital sealed approval Monday from the EU for its plan to acquire Spanish doughnut maker Panrico. The European Commission, the EU's competition watchdog, said the deal did not raise competition concerns, because there were no overlaps between their activities, Reuters wrote.

Tumi Holdings Inc., a maker of luggage and accessories, has filed to raise up to $300 million in an initial public offering, Reuters reported. The New Jersey-based company was founded in 1975 and backed by European private equity group Doughty Hanson group. Goldman, Sachs and Credit Suisse will underwrite the offering, Reuters wrote.

Source Refrigeration & HVAC, which is backed by Arsenal Capital Partners, has acquired Atlanta-based DHR Mechanical Services-Georgia. DHR is a provider of HVAC services to grocery, commercial and retail clients. Terms of the deal were not released.