The Riverside Company has acquired Salamander, the UK's third-largest producer of specialty chemicals used to clean and protect boiler-based residential heating systems. No financial terms were disclosed. Riverside will add Salamander onto Sentinel, a platform Riverside acquired in August 2005 as a carve-out from GE. www.riversidecompany.com
PlantCML, a Temecula, Calif.
Charles River Ventures is not buying BigBand Networks. Apologies for the self-obvious news flash, but two separate people have now inquired about the matter. At issue seems to be a the Federal trade Commission’s mid-February ruling that CRV would not be in violation of Hart-Scott-Rodino regs as related to BigBand. Such rulings do often portend […]
Capella Healthcare Inc., a Brentwood, Tenn.-based acute care hospital platform formed by GTCR Golder-Rauner, has agreed to buy Muskogee Regional Medical Center for approximately $120 million, according to Moody's Investor Services. GTCR will provide part of the equity. www.gtcr.com www.capellahealth.com
The Riverside Company has carved out Insurance Claims Management from existing portfolio platform The Dwyer Group, in order to create a new company. ICM owns both Harmon Solutions Group, a third-party administrator providing auto glass and property claim administration services for insurance and fleet customers; and CodeBlue, a full-service claims processing network handling property insurance […]
Eli Lilly & Co. has agreed to acquire Hypnion, a Lexington, Mass.
EUSA Pharma Inc., a specialty pharma company focused on the hospital market, has agreed to acquire French drug company OPi SA. The acquisition is being backed by $175 million in financing co-led by 3i Group and Essex Woodlands Health Ventures. Other backers include Goldman Sachs, Advent Venture Partners, NeoMed and NovaQuest. EUSA Pharma was formed […]
American Fiber Systems Inc. of Rochester, N.Y. has agreed to acquire Idacomm, a fiber facilities-based competitive metro network provider, from Idacorp (NYSE: ISA). No financial terms were disclosed. AFS has raised around $62 million in VC funding from firms like Sierra Ventures, North Atlantic Capital, Lucent Venture Partners and Hudson River Capital. www.americanfibersystems.com
Cypress Semiconductor Corp. (NYSE: CY) has agreed to sell its SMaL Camera Technologies subsidiary to Sensata Technologies Inc., an Attleboro, Mass.-based sensors and controls company controlled by Bain Capital. No financial terms were disclosed. SMaL Camera provides cameras and camera subsystems to automotive driver assistance systems for such customers as Bosch and Delphi. www.cypress.com www.sensata.com
Rotonics Manufacturing Inc. has acquired the Rotational Molding division of The Plastics Group Inc. No financial terms were disclosed. Rotonics is a Gardena, Calif.