Horizon GmbH, a portfolio company of PPM Capital, has acquired fellow German staffing company Jobs in Time Holding GmbH for an undisclosed amount. The acquisition Baird advised PPM Capital on the deal.
Altice B2B France is nearing agreement to acquire French metro telecom network provider Completel for EUR 723 million ($985m). Under terms of the agreement, Altice B2B France would first acquire a 21% stake in Completel at EUR 35 to EUR 35.50 per share, and then another 34% at EUR 35.50. Altice B2B France is a […]
SANTA CLARA, Calif. (AP) – Computer chip maker Intel Corp. said Thursday the Federal Trade Commission asked for more information on the company's proposed deal with Switzerland's STMicroelectronics NV. The companies, along with private equity firm Francisco Partners, plan to form a new company that will buy up Intel's and STMicroelectronics' NOR flash businesses. The […]
TheFind Inc., a Mountain View, Calif.-based shopping search engine, has acquired Glipse.com, a fashion shopping website operator that was formed less than a year ago. No financial terms were disclosed. TheFind has raised around $26 million in VC funding from firms like Bain Capital Ventures, Redpoint Ventures and Lightspeed Venture Partners. Glipse.com had raised an […]
Norvestor has acquired Nordic travel companies Seat24 Travel AB and SRG Online AB, and merged them into a single entity called European Travel Interactive AB. No financial terms were disclosed. www.norvestor.com
Quest Specialty Chemicals Inc., a chemical acquisition platform of Huron Capital Partners, has purchased the assets of Zolatone Automotive, a Los Angeles-based maker of acrylic sealers and other coatings for the automotive, industrial and marine markets. No financial terms were disclosed. www.questspecialtychemicals.com www.zolatoneaim.com
Halyard Capital has formed a new marketing and advertising company called Engauge, via the merging of existing portfolio company Direct Impact (Austin, Texas) with new acquisition Ten United (Dallas, Texas). No financial terms for either acquisition was disclosed. Engauge will be run by Ten United CEO Rick Milenthal, while industry veteran Stan Rapp will serve […]
Lenovo Group Ltd. might consider a rival offer for fellow PC maker Gateway, according to a speculative piece on TheStreet.com. Gateway yesterday agreed to be acquired for $710 million, of $1.90 per share, by Acer
EnerWorks Inc., an Ontario
Luvata Oy, an industrial solutions company owned by Nordic Capital, has acquired ECO SpA, a portfolio company of Compass Partners European Equity Fund. No financial terms were disclosed. ECO is a Pocenia, Italy-based manufacturer of coils and coolers for the heating, ventilation, air conditioning and refrigeration industries. Baird advised Compass Partners on the sale. www.luvata.com