BC Technical, a Salt Lake City-based company that manufacturers molecular imaging tools, has acquired Xpert, a competitive peer that focused on systems, parts, and customized services and is based in Redmond, Washington. Terms of the deal were not disclosed. PRESS RELEASE: In May 2012, BC Technical, Inc. acquired Xpert, a Molecular Imaging service company focused […]
Publicly traded Triumph Group is offering 4.6 million shares of common stock held by investment funds and other entities associated with the Carlyle Group. The offering is expected to close on June 12. The Berwyn, Pennsylvania-based company, which, designs, engineers, manufactures, repairs and overhauls a broad portfolio of aerostructures, aircraft components, accessories, subassemblies and systems, […]
After six years, Apax Partners is selling Plex Systems
Leonard Green & Partners and TPG will recapitalize privately-held thrift store chain Savers Inc., the company announced Thursday. Terms were not released, though the company said the deal would be completed in July. Thomas Ellison, son of the Company’s founder, will have an equal ownership position to the private equity firms and will continue in […]
Ariat International, a high-end riding gear maker whose apparel has been worn by the likes of socialite Paris Hilton and the daughter of New York Mayor Michael Bloomberg, is being sold to its management and the Fisher family, the founders of Gap Inc., a source said on Wednesday. Union City, California-based Ariat, whose owners include […]
Weld North, an investment company formed by former Kaplan chief Jonathan Grayer and buyout firm Kohlberg Kravis Roberts & Co., has acquired a “significant minority stake” in juice and raw food marketplace Organic Avenue. Terms of the deal were not released. The investment marks the first in the health and wellness space for Weld North. […]
One Call Now’s Government Emergency Outreach clients are being added to Emergency Communications Network Inc.’s platform, a company operated by the Riverside Company. Kirkland & Ellis LLP advised Riverside on the deal. The deal is Riverside’s 11th transaction for 2012; specifics were not disclosed. PRESS RELEASE: Riverside Makes the Right Call With Latest Acquisition June […]
AEA Investors LP will acquire Industrial Acoustics Inc., a provider of noise and acoustic control products for aero-engine testing facilities, from MML Capital Partners. Specifics of the transaction were not publicized. Industrial Acoustics is based in the UK. Harris Williams & Co. served as exclusive financial advisor to IAC on this transaction, while Norton Rose […]
Canada’s Ontario Teachers Pension Plan beat out Affinity Equity Partners as the preferred bidder for a stake worth $398 million in South Korea’s unlisted Kyobo Life Insurance, Reuters reported, citing local media reports on Thursday. The bid price was 230,000 Korean won ($190) per share, with the total stake to be sold at 470 billion […]
Advertising distribution company Digital Generation Inc. recently rejected a takeover bid from rival Extreme Reach Inc. of more than $20 per share, a source familiar with the situation said on Wednesday. The offer, backed by private equity firm Providence Equity Partners according to the source, would have been worth more than $550 million based on […]