Fabco Automotive Co., the California-based specialty gearbox, axle and transfer case products maker, completed its acquisition of Cushman & Associates, a Michigan-based provider of power transmission products for defense, transportation and industrial clients. Fabco is backed by PE sponsor Wynnchurch Capital, which acquired the company with its management and Stone River Capital Partners. PRESS RELEASE: […]
Mason Wells has sold packaging company Oliver Products Co. to Berwind Corp. of Philadelphia, peHUB sister pub Buyouts has learned.
French industrial chemicals company Arkema is shopping its tin stabilizer business to suitors including private equity firms, according to a source who has looked at marketing materials for the asset. The tin stabilizer business, housed in Arkema’s “functional additives” business, provides chemicals that are added into polyvinyl chloride, or PVC products, such as pipes, cables […]
Thoma Bravo has agreed to buy a controlling stake in Network Instruments. Financial terms weren’t announced. Minnetonka, Minn.-based Network Instruments provides network and application performance management solutions. PRESS RELEASE Network Instruments, LLC, a leading provider of network and application performance management solutions, today announced that it has entered into a definitive agreement to sell a […]
Great Wolf Resorts‘ largest investor, HG Vora Capital, recommended shareholders reject Apollo Global‘s $6.75 per share bid that values the company at $225.7 million, as the hedge fund expects higher offers, Reuters wrote Tuesday. HG Vora Capital did not recommend private equity firm KSL Capital‘s $7 per share offer and said it would not back […]
Private equity fund manager Pegasus Capital Advisors is buying Bangkok-based ultra-luxury resort and spa business of Six Senses Resorts & Spas for an undisclosed sum, the firm announced Tuesday. Financial terms of the deal were not released. PRESS RELEASE Pegasus Capital Advisors L.P., a US-based private equity fund manager, through one or more of its […]
Some higher education companies are struggling--but Laureate, operator of online universities--is breaking away from the brick & mortar format. Now, it is time to go public.
Genstar Capital, a middle-market private equity firm, is paying $8.00 per share in cash to buy eResearchTechnology Inc., a provider of health outcomes research services to biopharmaceutical sponsors and contract research organizations. The transaction is valued at roughly $400 million. PRESS RELEASE eResearchTechnology, Inc., a global technology-driven provider of health outcomes research services to biopharmaceutical […]
NXT Capital said Tuesday that it had provided a $20 million senior secured facility to finance Great Hill Partners‘ acquisition of Legacy.com. Legacy.com is a provider of online obituary and memorial services to more than 800 newspapers in the North America, Europe, Australia and New Zealand. PRESS RELEASE NXT Capital today announced that it has […]
Electronic connector maker TE Connectivity Ltd said it will sell its touch solutions business to private equity firm Gores Group for $380 million, Reuters reported. The business, which makes touch screens and touch computers, had revenue of $413 million in fiscal 2011. (Reuters) – Electronic connector maker TE Connectivity Ltd said it will sell its […]