Capsalus Corp. has closed its buy of GeneWize Life Sciences. Financial terms weren’t disclosed. Fidelity Holdings, Wharton Equity Partners and Gene Elite were part of the investor consortium. GeneWize is a unit of GeneLink Biosciences, which specializes in consumer genomics. PRESS RELEASE Capsalus Corp. (OTCBB:WELL) has completed the acquisition of the stock of GeneWize Life Sciences, […]
After less than two years, Madison Dearborn agrees to sell TransUnion to GS Capital and Advent in a deal valued at more than $3 billion. The Pritzker family is also cashing out.
Sentinel Capital Partners has sold Inscape Publishing to John Wiley & Sons in a deal valued at $85 million. Minneapolis-based Inscape provides assessment and training products that develop interpersonal skills. PRESS RELEASE Sentinel Capital Partners, a private equity firm that invests in promising, lower middle market companies, today announced the sale of Inscape Publishing, a […]
Diamond Castle Holdings was considered among the hottest new buyout shops when its five founders left DLJ Merchant Banking to start the firm in 2004. Eight years later—and lacking one notable founder—the firm’s debut fund is struggling to live up to that promise, generating an investment multiple of just 1.15x and an internal rate of return […]
New York-based firm Centre Lane Partners has acquired Louisville Laminating, a developer, manufacturer, and supplier of metals-based packaging and laminated materials to the Tobacco, Wire & Cable, and Building & Construction markets. Terms of the deal were not released. The seller was Reynolds Packaging Group. Louisville Laminating is based in Louisville, KY. PRESS RELEASE Centre […]
Wynnchurch Capital, a middle-market buyout shop, has taken a stake in NSC Minerals Ltd. Terms of the deal, which closed in December, were not released. Based in Saskatchewan, NSC produces and distributes salt for highway de-icing, industrial, energy, construction, consumer and agricultural applications. PRESS RELEASE Wynnchurch Capital, Ltd. (“Wynnchurch”), a leading middle-market private equity firm […]
Buyout shop Trilantic Capital has acquired what it says is a “substantial interest” in sports accessories brand Nixon Inc. Trilantic and its affiliates will invest approximately $139 million in the form of convertible preferred stock. Proceeds will be used for expansion. PRESS RELEASE Trilantic Capital Partners, a global private equity firm, today announced it has […]
Advent International and GS Capital Partners announced Friday plans to acquire TransUnion Corp. The transaction, which is expected to close late first quarter or early second quarter of 2012, values TransUnion at over $3 billion. Specific terms of the deal were not released. The sellers include Madison Dearborn Partners and the Pritzker family. PRESS RELEASE […]
New York-based, middle-market private equity firm Aperion Management has acquired the municipal solid waste transfer station management and transportation business of Sprint Logistics. Terms of the deal were not released. Formed in 1992, Sprint Logistics is a provider of transfer station management and transportation services in the Houston, Texas market. PRESS RELEASE Aperion Management, LLC, […]
The Swiss government has approved Apax Partners’ acquisition of Orange Switzerland from France Telecom, Reuters reported Friday. Apax said in December that it would pay about 1.6 billion euros ($2.09 billion) to buy the mobile phone operator. (Reuters) – The Swiss competition authority on Friday said it approved buyout firm Apax’s purchase of Orange Switzerland […]