Advanstar Communications Inc., a portfolio company of Veronis Suhler Stevenson, has acquired CBI Research Inc., a provider of live and electronic conferences for pharma and biotech executives. No financial terms were disclosed. PRESS RELEASE Advanstar Communications, Inc.
Marlin Equity Partners has completed the take-private acquisition of VantagePoint Systems Inc., a provider of enterprise resource planning (ERP) software solutions to the worldwide packaging industry. VantagePoint will operate as a subsidiary of Solarsoft Business Systems, a Marlin portfolio company and provider of ERP solutions to wide array of vertical markets. Marlin continues to actively seek […]
Bausch & Lomb has completed its acquisition of Eyeonics Inc., an Aliso Viejo, Calif.-based maker of ophthalmic medical devices like intraocular lens implants. No financial terms were disclosed. Bausch & Lomb was recently acquired by Warburg Pincus. Eyeonics had raised $43.5 million in VC funding since 1998, including a Series E round in late […]
USI Holdings Corp., a Briarcliff Manor, N.Y.
LGV Capital has sold Classic Hospitals to Spire Healthcare, a company formed last year by Cinven's purchase of BUPA Hospitals. The deal is valued at Gbp145 million, with leveraged financing is being provided by Lloyds TSB Corporate Markets, Calyon and GE Leveraged Loans Limited. Classic Hospitals is the UK's sixth largest hospital group.
Accruent Inc., a Santa Monica, Calif.
Amazon.com has agreed to sell its European DVD rental business in the UK and Germany to LoveFilm International, a London-based online DVD rental services. LoveFilm has raised VC funding from Arts Alliance Media, Balderton Capital, Esprit Capital Partners and Index Ventures. PRESS RELEASE Amazon.com (NASDAQ: AMZN) and LOVEFiLM International (www.lovefilm.com), today announced that […]
Global Brass and Copper Inc., a portfolio company of KPS Capital Partners, has acquired certain operating assets of Bolton Metal Products Company. No financial terms were disclosed. This is GBC's first acquisition since being formed by KPS last November, concurrent wit the firm's acquisition of Olin Corp.'s (NYSE: OLN) worldwide metals business. PRESS RELEASE […]
Kurz-Kasch Inc., a Dayton, Ohio
MetroGroup Holding LLC, a portfolio company of Sterling Capital Partners, has sold its transaction services business to Microdynamics Corp., a portfolio company of Wafra Partners. No financial terms were disclosed. The business unit provides fulfillment and marketing services to direct mailers through facilities in Glendale Heights, Ill. and Seward, Nebraska. Duff & Phelps advised MetroGroup […]