UK mid-market specialist Investec Growth & Acquisition Finance has provided the debt facility to support the buyout of 2M Holdings Limited, the owner of chemicals distribution businesses Surfachem and Banner Chemicals, by chairman and co-founder Mottie Kessler. 2M is headquartered in Runcorn and operates from Halifax, Leeds, Middlesbrough and Liverpoo. The company was formed in […]
Mannington Mills has bought Amtico International, which is a portfolio company of AAC Capital Partners. Financial terms were not announced. Amtico, of Coventry, England, makes luxury vinyl flooring products. PRESS RELEASE In a move that broadens its U.S. manufacturing base and global reach, flooring manufacturer Mannington Mills announced today that it has acquired Amtico International, […]
Superior Capital Partners has bought Delta Technologies. Financial terms weren’t announced. The deal is an add-on for portfolio company Nelson-Miller. Chicago-based Delta Technologies graphic overlays and membrane switches. PRESS RELEASE Superior Capital Partners LLC, a Detroit-based private equity firm, announced today that it has acquired the assets of Delta Technologies as an add-on acquisition to […]
Raybestos Powertrain, which is backed by private equity firm Sun Capital Partners, has been acquired by Monomoy Capital Partners, the firm announced Monday. Terms of the deal were not released. Raybestos Powertrain will be combined with Monomoy portfolio company Steel Parts Manufacturing Inc. Raybestos Powertrain is based in Crawfordsville, Indiana. PRESS RELEASE Sun Capital Partners, […]
PLATO Learning, a portfolio company of Thoma Bravo, will acquire listed Archipelago Learning, the companies announced Monday. PLATO will pay $11.10 per share in cash, representing an equity value of approximately $291 million. The deal represents a premium of 23% to Friday’s closing price. Archipelago Learning is a subscription-based, software-as-a-service provider of education products. PRESS […]
Econ EQT Investment has offered to buy Singapore-listed China Healthcare Ltd., a company that owns and manages medicare centres and nursing homes in Singapore and Malaysia, Reuters reported Monday. Econ EQT Investment is 51% owned by Econ Investment Holdings. Hemma Holding Ltd, controlled by a group of private equity funds, holds the remaining 49%. (Reuters) […]
Danish services firm ISS plans to relaunch its initial public offering in 2015 after a failed attempt last year, writes Reuters. ISS has been owned by Swedish private equity investment group EQT and Goldman Sachs Capital Partners since 2005. Reuters – Danish services firm ISS plans to relaunch its initial public offering in 2015 after […]
In less than 1.5 years, Irving Place Capital to recoup 60% of its Thermadyne investment.
Apposite Capital said Friday that it has sold SureCalm Healthcare Holdings to Amcare. Financial terms weren’t announced. SureCalm provides homecare services to patients with long term chronic conditions in the UK. Amcare is a unit of ConvaTec UK Holdings. London-based Apposite is an investment firm focused on healthcare. PRESS RELEASE Apposite Capital, the healthcare specialist […]
Universal Amercan said Friday that it has closed its $227.5 million buy of APS Healthcare. The seller was GTCR. APS provides specialty healthcare solutions primarily to Medicaid agencies. The sale was announced in January. PRESS RELEASE Universal American Corp. (NYSE: UAM) today announced that it has completed its acquisition of APS Healthcare, a leading provider […]