Turin Networks Inc., a Petaluma, Calif.-based provider of IP and multiservice optical transport solutions, has acquired the product portfolio and most material assets of White Rock Networks, a bankrupt provider of next-generation optical transport products for metro networks. The deal reportedly is valued at less than $4 million. Turin has raised nearly $190 million in […]
IronPort Systems Inc., a San Bruno, Calif.
SideStep Inc., a Santa Clara, Calif.-based online comparison shopping site for travel, has acquired TravelPost.com, a San Mateo, Calif.
Virgin Active, the UK-based health and fitness group owned by Virgin Group, has completed its acquisition of Holmes Place's UK business from Permira and Bridgepoint. The deal included
ImpreMedia LLC, a New York-based publisher of Spanish-language newspapers, has acquire Vista Magazine, a dual-language general interest publications with a circulation of one million. No financial terms were disclosed. ImpreMedia is a portfolio company of Halyard Capital and Clarity Partners. www.impremedia.com www.vistamagazine.com
HealthMedia Inc., an Ann Arbor, Mich.-based provider of online behavior change interventions, has acquired MySelfHelp.com, a provider of online behavioral health interventions, including programs for depression and insomnia. No financial terms were disclosed. HealthMedia has raised over $13 million in VC funding from firms like Chrysalis Ventures, Avalon Ventures, the Princeton Fund and Arboretum Ventures. […]
Buffets Inc., an Egan, Minn.-based portfolio company of Caxton-Iseman Capital, has completed its $16.25 per share acquisition of Ryan's Restaurant Group Inc. (formerly Nasdaq: RYAN). Leverage for the deal was arranged by Credit Suisse Securities, UBS Securities and Goldman, Sachs & Co., which resulted in a full refinancing of Buffets' and Ryan's existing debt; and […]
SGS International Inc., a Louisville, Ky.-based provider of graphics and packaging services, has acquired two companies: The Box Room Ltd., a UK-based artwork and project management services company; and the packaging division of Lukkien Foto & Design BV, a Netherlands-based media and advertising services company. No financial terms were disclosed. SGS is a portfolio company […]
Some quick hits before embarking on the return trip from Portland, Ore. to Boston… *** Today’s big LBO deal news is the possibility that Clear Channel could go private for around $18.5 billion. There are lots of angles of this deal worth discussing – high leverage multiples, family management control but not financial control, a […]
I wanted to share with other fellow readers a recent transaction closed by our investor group ($250M+ EV) in the cable & broadband industry in Central America. There has been some intense activity in this sector with other funds managed by Carlyle, Warburg Pincus, Cinven, Fintech that is worth a look. REsults by public cable […]