Hypercom Corp., a Phoenix-based payment technology company, plans to acquire Thales SA's e-transactions business line for $120 million in cash with a potential earn-out of up to $30 million more. It also has obtained a $60 million financing commitment from Francisco Partners. In addition, it has made a number of management changes, including the naming […]
Waste Industries USA Inc. (Nasdaq: WWIN), a Raleigh, N.C.-based non-hazardous solid waste services company, has entered into a definitive merger agreement with an investor group led by Lonnie C. Poole, Jr., the company's founder and chairman, and Jim W. Perry, the company's president and chief executive officer, and financial partners Macquarie Infrastructure Partners and Goldman […]
Allied Systems Holdings Inc., facing a slew of objections from creditors, has withdrawn its $67 million bid for fellow auto hauler Performance Transportation Services Inc. LBO Wire also reported that both companies are controlled by Yucaipa Cos., the Los Angeles private equity firm founded by billionaire Ron Burkle. Yucaipa took over Allied earlier this year […]
The Carlyle Group and Mercapital have reached an agreement to acquire Arsys, a Spain-based provider of Web hosting and domain registration services, for
The Pennsylvania Health Department has approved the sale of Manor Care Inc. (NYSE: HCR), a nursing-home chain, to The Carlyle Group, despite concerns raised by the state's largest health care union. The Associated Press reported that officials of Toledo, Ohio-based Manor Care sought to convince state regulators that the $6.3 billion sale would not affect […]
ON Semiconductor Corp. (Nasdaq: ONNN) has agreed to acquire AMIS Holdings Inc. (Nasdaq: AMIS), the parent of AMI Semiconductor, for $915 million in shares. AMIS is backed by Francisco Partners and Citigroup Venture Capital Equity Partners LP. www.onsemi.com and www.amis.com
AmeriMark Direct, a Cleveland-based direct marketer of women's apparel, accessories and health related merchandise, has acquired New Jersey-based direct-marketer Dr. Leonard's Healthcare Corp. Financial terms were not disclosed. The two catalog businesses currently generate combined sales in excess of $425 million. JH Partners LLC led the acquisition and provided the equity financing alongside AmeriMark's management. […]
GTCR Golder Rauner LLC and Encore FBO LLC have agreed to acquire a portion of civil aviation ground services provider Landmark Aviation from Dubai Aerospace Enterprise for $435 million, according to TheDeal.com. DAE, which acquired Landmark for $1.9 billion in August, will retain the company's maintenance and repair operations but will sell the so-called fixed-base […]
Morningstar Inc. (Nasdaq: MORN), a provider of independent investment research, and Ipreo Holdings LLC, a provider of capital markets and investor relations solutions, have signed a definitive agreement for Morningstar to acquire the Hemscott data, media, and investor relations Web site businesses from Ipreo for $51.6 million in cash, subject to adjustments. The companies expect […]
Omega Advisors Inc. has purchased all remaining Linn Energy LLC (Nasdaq: LINE) units that Quantum Energy Partners II LP previously held. Quantum was the initial private equity investor in Houston-based oil and gas company Linn Energy. www.quantumep.com