American Industrial Partners has formed Allied Specialty Vehicles, via the merger of three existing portfolio companies: E-ONE, Collins Industries and Halcore Group. A fourth portfolio company, Fleetwood RV, will be merged next quarter. ASV will have revenue of approximately $1 billion.
(Reuters) – Cleaning services firm ISS said it was looking into an initial public offering (IPO), as its owners join a long line of private equity firms testing the IPO markets with an eye to selling long-term investments. Sources told Reuters in July the ISS owners Goldman Sachs Capital Partners (GS.N) and Sweden’s EQT Partner […]
Sun Capital Partners has acquired Alcan Packaging Beauty from Rio Tinto. No financial terms were disclosed. APB is a French provider of tube, fragrance and cosmetic plastic packaging to the beauty industry.
LONDON/STOCKHOLM (Reuters) – Ratos AB (RATOb.ST), the Swedish private equity firm, is seeking to sell Bisnode, the business information firm that operates Dun & Bradstreet (DNB.N) branded credit-checking businesses in 10 European companies. People familiar with the matter said Ratos, backed by the Soderberg family, has hired JPMorgan to manage a sale of Stockholm-based Bisnode. […]
THL Partners has completed its acquisition of Intermedix Corp., a provider of revenue cycle management solutions for emergency services providers, from Parthenon Capital Partners. No financial terms were disclosed. Other selling shareholders included Glenview Capital Management.
LONDON (Reuters) – Alliance Medical’s banks are set to urge it to find a buyer to trump owner Dubai International Capital’s [DUBAHP.UL] (DIC) bid to restructure the business, two sources familiar with the process said. The senior lenders, which include Lloyds Banking Group (LLOY.L), are likely to send a letter to Alliance Medical and its […]
(Reuters) – Los Angeles-based private-equity firm The Gores Group won a bankruptcy court auction for NEC Holdings Corp, the parent of National Envelope Corp, agreeing to pay about $149.9 million in cash for the bankrupt envelope maker. NEV Holdings LLC, an unit of The Gores Group, which had initially bid $134.5 million for the assets, […]
Thoma Bravo has agreed to acquire LANDesk Software from Emerson (NYSE: EMR). No financial terms were disclosed. LANDesk is a Salt Lake City-based provider of systems lifecycle management, endpoint security and IT service management.
(Reuters) – Chinese retailer GOME Electrical Appliances Holding Ltd (0493.HK) has set a special meeting date of Sept. 28 to address controversial measures proposed by its jailed founder and biggest shareholder, and said Bain Capital will convert its convertible bond into equity, the company said on Monday. The news came on the same day Gome […]
Enotria Winecellars, a portfolio company of ISIS Equity Partners has acquired Great Western Wine Company Ltd., a Bath, England-based wine distribution company. No financial terms were disclosed.