Centre Partners, a middle-market focused private equity firm, has acquired Taylor Precision Products Inc. from Homedics Inc. Terms of the deal were not released. Oak Brook, Illinois-based Taylor is a marketer of consumer and foodservice precision measurement products, including kitchen scales, thermometers and timers. PRESS RELEASE Centre Partners, a leading middle market private equity […]
Sagard Capital Partners agreed to buy healthcare services provider IntegraMed America Inc. for $169.5 million. The investment fund offered to pay $14.05 per IntegraMed share, a 24 percent premium to the stock’s Friday close. (Reuters) – Sagard Capital Partners agreed to buy healthcare services provider IntegraMed America Inc (INMD.O) for $169.5 million. The investment […]
French set-top maker Technicolor SA has rejected a revised offer from a JPMorgan Chase investment fund to buy a 30% stake for 179 million euros ($223 million) and opted instead for the original, lower offer which it said was better structured. Technicolor, which is trying to pay down debt and enact a turnaround plan, said […]
Private equity group EQT agreed to buy German bandage and plaster cast maker BSN medical for about 1.8 billion euros ($2.2 billion), sealing one of the largest buyouts in Europe this year. BSN medical, which had revenue of 665 million euros ($829.1 million) in 2011, had drawn interest from personal care group Kimberly Clark and […]
Apax Partners and JMI Equity have agreed to buy Paradigm Ltd., a software company focused on the oil and gas exploration & production space. The firms will pay about $1 billion in an all-cash deal. PRESS RELEASE Funds advised by Apax Partners (‘Apax’) and JMI Equity have today announced an agreement to acquire Paradigm Ltd. […]
Milestone Partners, the Pennsylvania-based private equity firm, completed its deal with Southern Management Co., the South Carolina-based consumer finance company. The bank’s co-investors and its management also provided equity capital for the deal and Wells Fargo provided a senior credit facility. Specifics of the transaction were not publicized. Hyde Park Capital, Raymond James & Associates, […]
The owners of German chemicals firm Evonik are threatening to pull the plug on an IPO which, when announced, was billed as Europe’s biggest flotation in more than a year, writes Reuters. RAG owns 75 percent of Evonik and private equity firm CVC owns 25 percent. Reuters – The owners of German chemicals firm Evonik […]
Busy week here at peHUB, but we still managed to put together a list of our top 10 posts--packed with exclusives from our staff and Reuters colleagues!
Permira is buying Intelligrated in a deal valued at more than $500 million. Intelligrated’s management, led by founders Chris Cole and Jim McCarthy, will maintain a significant stake. The deal is expected to close in third quarter. Morgan Stanley advised Permira and RBC Capital Markets acted as co-advisor. Intelligrated provides automated material handling solutions, services […]
Shamrock Capital Advisors is buying MarketCast. Financial terms weren’t announced. The seller is Reed Business Informaiton, a division of Reed Elsevier Group plc. MarketCast is a global entertainment research firm. PRESS RELEASE MarketCast, a leading global entertainment research firm, announced today that it was acquired by Shamrock Capital Growth Fund III. Since January 2000, MarketCast […]