Susser Holdings Corporation has exercised underwriters’ option to purchase shares in Wellspring‘s secondary offering of common stock, purchasing 750,000 shares of common stock at the public offering price of $36.00 per share. Last month Wellspring sold 5 million shares of its Susser Holdings common stock through an underwritten public offering. Corpus Christi, Texas-based Susser is […]
Marlin Equity Partners has acquired ATC Drivetrain, an Oklahoma City, OK-based independent powertrain remanufacturer for light vehicles and medium- and heavy-duty trucks, from GENCO ATC. This is Marlin’s fourth corporate divestiture acquisition this year. No financial terms were disclosed. Angle Advisors managed the divestiture sale process for GENCO ATC. PRESS RELEASE Marlin Equity Partners (“Marlin”) […]
Compatriot Capital, a real estate operating and investment subsidiary of Sammons Enterprises, is investing an undisclosed amount in JLB Partners, a developer and builder of Class A multi-family assets in select U.S. markets, the company said. Compatriot will be a minority shareholder in JLB Partners. There will be no change in JLB Partners management. Terms […]
Business process and technology services provider Genpact Ltd. said private equity firm Bain Capital Partners will buy a 30% stake in the company from General Atlantic and Oak Hill Capital Partners. Bain Capital will pay about $1 billion, or $14.76 per share, to buy 68 million Genpact shares, the company said in a statement. (Reuters) […]
Laboratory Corporation of America Holdings said Wednesday that it has “no knowledge” pf plans by private equity firms to take over the company via an LBO. LabCorp said in a statement that it is not in current discussions with any firms. LabCorp is responding to a Mergermarket report that says a PE consortium plans to […]
One Equity Partners has agreed to acquire a minority stake in Grupo Phoenix. Financial terms weren’t announced. Grupo provides rigid packaging solutions for consumer goods and products in the Americas. PRESS RELEASE NEW YORK–Grupo Phoenix (“Phoenix” or “the Company”), a world leader in the supply of innovative rigid packaging solutions for consumer goods and products […]
AXA Private Equity has acquired frostkrone holding. Company management is also reinvesting. The seller is Argantis Beteiligungs GmbH, which is fully exiting frostkrone. Frankfurt-based frostkrone, along with its subsidary Bornholter, produce and market frozen finger food and snack products. PRESS RELEASE Frankfurt, Germany, August 1st, 2012. AXA Private Equity, the leading European diversified private equity […]
Answers, which is backed by TA Associates and Summit Partners, said Wednesday that it has acquired ResellerRatings. Financial terms weren’t announced. ResellerRatings provides merchant reviews that help shoppers find online retailers. PRESS RELEASE ST. LOUIS, MO, August 1, 2012 – Answers, the world’s top destination for trusted Q&A content, announced today that it has acquired […]
The Charterhouse Group has called off fundraising for its latest pool after spending two years marketing, sources say.
Pamlico Capital has acquired a majority interest in TekLinks Inc., a Birmingham, Alabama, provider of technology and cloud services. Terms were not disclosed. Pamlico bought the company from Symmetric Capital. PRESS RELEASE TekLinks Inc. announced today that Pamlico Capital has made a significant equity investment to acquire a majority interest in the company from Symmetric […]