Marlin Equity Partners has closed on its acquisition of Stravina Operating Co., a designer and marketer of name-personalized gifts and novelties sold through mass market retail. Stravina will be integrated into Hanover Accessories, a division of Marlin portfolio company Ultra*Pro.
Cap Rock Holding Corp., a Texan electricity distributor owned by Lindsay Goldberg & Bessemer, has completed its $867 million take-private buyout of Semco Energy Inc., a distributor of natural gas to more than 400,000 customers combined in Michigan. PRESS RELEASESEMCO ENERGY, Inc. (NYSE: SEN) and Cap Rock Holding Corporation (Cap Rock) today announced that […]
Chorion, a UK-based owner and manager of classic and contemporary literary-based brands, has acquired Copyrights Group, a UK
Arteriocyte Medical Systems, a clinical stage biotechnology company in Cleveland, Ohio and Hopkinton, Mass., has formed a partnership with Minneapolis-based medical-technology company Medtronic Inc. (NYSE: MDT). The partnership will acquire the Magellan Platelet Business, a exclusive worldwide distribution agreement in the cardiac-surgery market for the next five years, and a manufacturing-services contract for the Magellan […]
Forbes Media has acquired Clipmarks, a New York-based developer of an online service that lets users clip and share text and other content from Web pages. No financial terms were disclosed. Forbes Media was formed last summer by Forbes and Elevation Partners. PRESS RELEASEForbes Media, the corporate parent of Forbes.com (www.forbes.com), announced today that it […]
IAC North America, an automotive parts supplier owned by W.L. Ross & Co., has acquired Collins and Aikman's manufacturing facility in Hermosillo, Mexico. The deal was valued at $17 million, plus the assumption of certain liabilities on a restructured basis. The facility generated more than $300 million in revenue last year, and has 1,300 employees. […]
Xiotech Corp., an Eden Prairie, Minn.-based provider of data storage and data discovery solutions, has acquired the Advanced Storage Architecture group of Seagate Technology (NYSE: STX). No financial terms were disclosed. Xiotech is backed by Oak Investment Partners. PRESS RELEASEXiotech Corporation announced today it has acquired Seagate Technology's
Mascoma Corp., a Cambridge, Mass.-based provider of cellulosic biomass-to-ethanol development and production, has acquired Celsys BioFuels Inc., an Indianapolis-based commercializer of a pretreatment processes for multiple biomass feedstocks, including corn fiber. No financial terms were disclosed. Mascoma has raised nearly $40 million in VC funding from Khosla Ventures, Atlas Venture, Flagship Ventures, Kleiner Perkins, Pinnacle […]
CyOptics Inc., a Breinigsville, Penn.
PlattForm Holdings Inc., an Olathe, Kansas-based provider of Internet marketing and enrollment solutions to the post-secondary education industry, has acquired Beauty Inter-Network Co., a recruitment and enrollment lead generation company that publishes beautyschools.com and other websites for the education industry. No financial terms were disclosed. PlattForm is a portfolio company of Arlington Capital Partners. PRESS […]