Alliance Consumer Growth just finished off a strong week.
Canadian gold production and development company Timmins Gold Corp (TSX: TMM) has agreed to the re-financing of its existing credit facility by Sprott Resource Lending Partnership and Morgan Stanley Capital Group. The facility has a US$13 million value. Based in Vancouver, Timmins Gold owns and operates the San Francisco Gold Mine in Sonora State, Mexico.
The U.S. subsidiary of NCSG Crane & Heavy Haul Corp has bought 100 percent of the equity in Energy Transportation LLC, a supplier of crane services, specialized rigging and heavy haul transportation in the United States. The financial details of the transaction were not published. Dan McGlade, Energy Transportation's founder, will continue to be an owner in the business following his purchase of a stake in NCSG. Based in Edmonton, NCSG is a crane and heavy haul company backed by Canadian private equity firm TriWest Capital Partners and U.S. investor NCA Partners. TriWest acquired a majority interest in the company in mid-2014. Last November, NCSG bought H&H Crane Service Inc.
Kanetix Ltd, a portfolio company of U.S. private equity firm Monitor Clipper Partners, has bought Rates.ca, a Canadian financial services and insurance rate comparison platform. The financial terms of the deal, which was closed in late January, were not released. Rates.ca was sold by VerticalScope Inc. Kanetix, a Toronto-based provider of online quoting technology, said the acquisition broadens its reach and strengthens its position in the domestic market. Founded in 1999, the company was acquired by Monitor Clipper Partners in September 2011.
Qalaa Holdings, one of Egypt's largest investment companies, has signed a deal to sell its 80 percent stake in investment bank Pharos, Qalaa said in a statement on Tuesday.
RCP Advisors has acquired Atlas Diligence and its proprietary private equity manager research platform GPScout. No financial terms were disclosed. Based in Chapel Hill, North Carolina, Atlas Diligence is a provider of research and unique due diligence tools for investors.
Bruckmann, Rosser, Sherrill & Co. and Performance Equity Management have acquired Phoenix-based gym club chain Eos Fitness Holdings LLC. No financial terms were disclosed. Fifth Street Finance Corp. and Stellus Capital Investment Corp. provided debt financing for the transaction and co-invested in the equity. Integrity Square provided financial advice to Brad Neste who founded Eos Fitness in 1985.
The Ontario Teachers' Pension Plan has completed its acquisition of PODS for over $1 billion. Headquartered in Clearwater, Florida, PODS is a provider of moving and storage solutions.
Duff & Phelps Corp has agreed to buy American Appraisal Associates Inc. No financial terms were disclosed for the deal that is expected to close during the first quarter of this year. Also included in the transaction is American Appraisal’s Real Estate Advisory Group. American Appraisal is a valuation and related advisory services.
Columbus Nova has acquired game development studio Sony Online Entertainment, the latter announced in a post on its site. No financial terms were disclosed. As a result of the transaction, SOE has been renamed Daybreak Game Company. To read the announcement, visit here.