Icicle Seafoods, which is backed by Paine & Partners, has agreed to buy Snopac Products. Financial terms weren’t announced. Seattle-based Snopac is fish processing company. PRESS RELEASE Icicle Seafoods, Inc. (“Icicle”), one of the largest and most diversified seafood companies in North America, today announced that it has reached a preliminary agreement to acquire Snopac […]
Publicly traded Standard Parking Corp. said that it will buy Central Parking Corp., adding more than 1 million parking spaces to its portfolio. Under the terms of the deal, Standard Parking will issue common stock such that Central Parking’s stockholders will hold 6.16 million shares, or 28%, of the combined company. Standard Parking also will […]
Joshua Green Corp., a Seattle-based private equity firm, has acquired Cuizina Food Company, Washington-based manufacturer of soups, sauces and other products. Terms of the deal were not released. Greene Holcomb & Fisher served as the exclusive financial advisor to Cuizina. PRESS RELEASE Greene Holcomb & Fisher (“GH&F”) is pleased to announce that Cuizina Food Company […]
CVC Capital Partners will pay 1.8 billion euros ($2.4 billion) to buy Nordic construction products and machinery distributor Ahlsell. CVC is buying the company from Cinven and Goldman Sachs Capital Partners, Reuters reported Wednesday. The deal is Europe’s biggest buyout since BC Partners agreed to buy Swedish cable company Com Hem in July, Reuters wrote. […]
When David Denison, president and CEO of the Toronto-based Canada Pension Plan Investment Board, retires from the position at June’s end, he will be succeeded by the institution’s current executive vice president of investments, Mark Wiseman, it was announced today. At last year’s end, the CPPIB was managing funds totaling $152.8 billion. PRESS RELEASE: David […]
Mitt Romney gets the endorsement of Kid Rock, ComScore reveals that people spend more time staring blankly into their refrigerators each month than they do on Google+, and columnist Felix Salmon reads through to the end of one "fluffy" Reuters story to discover a surprisingly "macabre" ending.
Hawkins Architectural Products, a new holding company from Grey Mountain Partners, has acquired nearly all of the assets of the flat glass division of Hawkins Glass Wholesalers. Financial terms were not announced. Stafford, Va.-based Hawkins Glass mainly serves the Mid-Atlantic region. Boulder, Colo.-based Grey Mountain is a PE firm that invests in lower middle-market companies. […]
The Riverside Co. is acquiring Cleveland-based BrandMuscle, a provider of distributed marketing technology. Terms of the deal were not released. Formed in 2000, BrandMuscle will now join Riverside’s platform Centiv Services, which develops and executes localized marketing campaigns. PRESS RELEASE The Riverside Company has signed a definitive purchase agreement to acquire Cleveland-based BrandMuscle, a provider […]
The sale of the Los Angeles Dodgers heats up with seven bidders remaining. Proposals worth from $1.2 billion to $1.5 billion.
Lower middle market private equity firm Platte River Ventures has put an undisclosed amount into TPG Mt. Vernon Marine. Based in Indianapolis, TPG is a harbor services business operating on the Ohio and Green Rivers. Terms of the deal were not released. Platte River Ventures is based in Denver. PRESS RELEASE Platte River Ventures (“PRV”) […]