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
Teradyne Inc. (NYSE: TER), a North Reading, Mass.-based electronics test equipment supplier, has agreed to acquire Nextest Systems Corp. (Nasdaq: NEXT), a venture capital-backed maker of automatic test equipment for semiconductors, for about $325 million. Teradyne will pay $20 for each Nextest. TheDeal.com reported that the all-cash sale will complete the exit of the venture […]
Avista Capital Partners, a private equity firm, has signed a definitive agreement to acquire Bristol-Myers Squibb Co.'s (NYSE: BMY) Bristol-Myers Squibb Medical Imaging unit for approximately $525 million of cash proceeds. BMS MI is a leading supplier of medical imaging products for nuclear and ultrasound cardiovascular diagnostic imaging procedures. The transaction is expected to be […]
Metzeler Automotive Profile, a portfolio company of Wynnchurch Capital, has completed its acquisition of GDX Automotive. Financial terms were not disclosed. This transaction and the combination of MAPS and GDX create a new global supplier in the automotive sealing systems industry. In connection with this combination, the newly formed company will assume a new name […]
Zayo Bandwidth, a Louisville, Colo.-based regional provider of fiber-based network services, has acquired Citynet Fiber Network, the wholesale division of Citynet. This will be Zayo's sixth acquisition in the past six months, and is expected to close next quarter. No financial terms were disclosed. Zayo earlier this year secured access to $225 million in […]
Parques Reunidos, a portfolio company of Candover, has agreed to buy the amusement park holdings of family-owned Kennywood Entertainment. No financial terms were disclosed for the deal, which includes parks in Pennsylvania, Connecticut and New Hampshire. www.kennywood.com