Ennis Paint, a portfolio company of Brazos Private Equity Partners, has bought the pavement marketing paint division of Laurentide Inc. No financial terms were disclosed. www.ennispaint.com www.societelaurentide.com
Graphite Capital has sponsored a Gbp22 million (US$44m) bolt-on acquisition of Global Gas, for its Dominion Gas portfolio company. RBS Structured Financing provided debt financing for the deal. Law firm Maclays advised Dominion. No terms were disclosed for Graphite's June MBO of Aberdeen-based Dominion Technology Gases, but financing is understood to have been slightly less than Gbp30 million, […]
Barracuda Networks Inc., a Campbell, Calif.-based provider of email and Web security appliances, has acquired NetContinuum Inc., a Santa Clara, Calif.-based provider of Web application firewalls. Barracuda raised a $40 million Series A round in 2005 from Sequoia Capital and Francisco Partners. NetContinuum has raised around $77.5 million in total VC funding since 2001, including […]
FitLinxx, a Stamford, Conn.-based provider of exercise motivation and tracking solutions, has acquired FitSense Inc., a Southborough, Mass.-based provider of wireless health monitoring solutions. No financial terms were disclosed. FitLinxx has raised over $132 million in total VC funding, including an early 2003 venture recap. Current shareholders include Ironwood Capital, North Atlantic Capital and Warbos […]
Loving Care Agency Inc., a Fort Lee, N.J.
The original buyout of Atkins Nutritionals was one of the worst private equity deals ever transacted. Even worse than Refco. And now it’s back in private equity hands, after having spent several post-bankruptcy years controlled by first-and-second lien holders. Certainly a curious move by new owner North Castle Partners. And brave. And possibly stupid. For […]
Farley's & Sathers Candy Co., a portfolio company of Catterton Partners, has agreed to acquire Brach's Confections Inc. from Barry Callebaut AG of Switzerland. No financial terms were disclosed. Brach's is a Dallas-based manufacturer of branded and private label confectionery products. Harris Williams & Co. advised Brach's on the sale. www.brachs.com
Buyouts Magazine is reporting that Providence Equity Partners plans to use a portion of its $12 billion fund to acquire loans and debt securities issued by media companies. In similar news, peHUB has learned that Leonard Green & Partners is doing the same thing, albeit not via the special purpose vehicle strategy that Providence is apparently using. Leonard Green managing partner […]
BSG Alliance Corp., an Austin, Texas-based provider of software-as-a-service solutions for the enterprise, has acquired Kalivo Inc., a provider of SaaS collaboration solutions. No financial terms were disclosed. BSG has raised $16 million in VC funding from Foundation Capital, Hummer Winblad Venture Partners and Powershift Group. www.kalivo.com
ActivStyle Inc., a Minneapolis-based medical supply company focused on incontinence products, has acquired Senior Care Services Inc., a Grand Junction, Colo.-based provider of incontinence products to Medicaid patients. No financial terms were disclosed. ActivStyle is owned by The Riverside Company. www.activstyle.com