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Eamon

Vestar Capital Partners V LP’s affiliates (Mountain Acquisition Corp. and Mountain Merger Sub Corp.) and Health Grades Inc. agreed to extend the offer period for proposed $8.20 a share tender offer for all Health Grades’ shares. The offer’s new deadline is September 16 at 9 AM, New York City time.
Candover Investments plc’s Candover Partners Ltd. unit agreed to sell Equity Trust Holding Sarl, a provider of business administration and fiduciary services, to Doughty Hanson for an enterprise value of €350 million. The deal represents a 24 percent uplift to the valuation of the business as at 30 June 2010 and a return of 1.5 times cost.
(Reuters) – Private equity group Lion Capital LLP said on Thursday it it had appointed Citigroup (C.N) and RBS (RBS.L) to explore a potential sale of retailer Hema, the second Dutch retailer placed up for sale this year. Lion Capital bought Hema, a household name in the Netherlands, for an undisclosed sum in July 2007 […]
Winston & Strawn LLP hired both C. James Levin and Warren Loui as partners in the firm’s Los Angeles office. Levin was a partner at O'Melveny & Myers LLP, where he served as former co-chair of M&A/Private Equity practices. Loui comes from Mayer Brown LLP, where he was a partner in its banking and finance department. Loui was also the Los Angeles Finance practice leader.
3M signed a definitive agreement to acquire Arizant Inc. for $810 million in cash. Arizant is a Eden Prairie, Minn.-based maker of patient warming solutions designed to prevent hypothermia in surgical settings. It is a majority-owned business of Court Square Capital.
European Capital Ltd. received proceeds of about £40 million for exiting its investment in Inspicio PLC, which is engaged in the testing, inspection and performance conformity markets. In February 2008, European Capital invested £35 million pounds in the 3i Group's take private of Inspicio. European Capital is an investment company that is managed by an affiliate of American Capital Ltd.
San Francisco Equity Partners, a private equity firm focused on expansion-stage companies in the consumer industry, bought Zoom Eyeworks Inc., a Berkeley, Calif.-based designer and marketer of eyewear. Pacific Community Ventures and Simon Equity Partners partnered with San Francisco Equity Partners in the transaction.
(Reuters) – Canada’s Miranda Technologies Inc (MT.TO) said it acquired UK-based OmniBus Systems for C$48.7 million ($47 million) from private equity firm Palamon Capital Partners, to expand into the television and Internet broadcasting software segment. The Montreal, Quebec-based broadcast equipment maker expects the deal to add to earnings in the first full year of operation, […]
(Reuters) – The founders of production company Spyglass Entertainment have signed a nonbinding letter of intent to take over management of financially troubled movie studio Metro-Goldwyn-Mayer, a source familiar with the matter said on Wednesday. The news was earlier reported by the Los Angeles Times, which said that Spyglass founders Gary Barber and Roger Birnbaum […]
Cressey & Co. sold its CCRx Holdings Inc. portfolio company to Omnicare Inc. CCRx, is a Harrisburg, Pa.-based institutional pharmacy that provides medications to residents in nursing and assisted living facilities. Harris Williams & Co. served as an exclusive adviser to CCRx.
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