The Active Network, a San Diego-based online community and provider of application technology for active lifestyle/sports groups, has acquired event management software companies RegOnline and WingateWeb. No financial terms were disclosed. Active has raised $172 million in VC funding from firms like Canaan Partners, ESPN, ABS Ventures, North Bridge Venture Partners, Comdisco, Charles River Ventures, Performance […]
The Swett & Crawford Group Inc., an Atlanta-based wholesale insurance intermediary, has acquired Risk Reducers LLC, a Littlerock, Ark.-based wholesale insurance broker specializing in workers' compensation. No financial terms were disclosed. Swett & Crawford is owned by HM Capital Partners, Banc of America Capital Investors and company employees. www.swett.com
Kayak.com, a Norwalk, Conn.
Phoenix Footwear Group Inc. (Amex: PXG) has sold its Altama military footwear division to Tactical Holdings Inc., a portfolio company of Golden Gate Capital. The deal is valued at approximately $15 million, and includes a short-term transition services agreement.
Remington Arms Company Inc. of Madison, N.C. has agreed to acquire Marlin Firearms Co. of North Haven, Connecticut. No financial terms were disclosed. Remington was acquired last year by Cerberus Capital Management for $370 million from CD&R and Bruckmann Rosser Sherrill & Co. PRESS RELEASE Remington Arms Company, Inc. (“Remington” or ” the Company”) […]
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Allied Systems Holdings Inc., facing a slew of objections from creditors, has withdrawn its $67 million bid for fellow auto hauler Performance Transportation Services Inc. LBO Wire also reported that both companies are controlled by Yucaipa Cos.,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 […]