Italian tycoon Andrea Bonomi is gearing up to make a counter offer to buy Club Mediterranee (CMIP.PA), reigniting a battle for control of the French resort operator, La Lettre de L'Expansion reported.
LMC Diabetes & Endocrinology has received an undisclosed investment from Persistence Capital Partners. Based in Canada, LMC is a endocrinology practice. As a result of the transaction, Dr. Ronnie Aronson, who founded LMC, will remain in his position as chief medical officer.
Platinum Equity has closed its buy of MACtac from Bemis Company. No financial terms were disclosed. Goldman Sachs provided financial advice to Bemis Company. MacTac is a pressure sensitive labels maker.
Swander Pace Capital has launched Clarion to buy six OTC brands from DSE Healthcare Solutions. No financial terms were disclosed. Included in the transaction are Lipo-Flavonoid, which treats ringing in the ears and Cystex, a urinary pain reliever.
Private equity firm Golden Gate Capital is in the lead to acquire Angus Chemical Co, a specialty chemicals subsidiary of Dow Chemical Co, for more than $1 billion.
Buyout groups BC Partners, Onex and Partners Group are set to bid for Swiss packaging maker SIG Combibloc in an auction likely to raise less for seller New Zealand's Reynolds than initially seemed likely, sources told Reuters.
Rhône Capital has agreed to buy Global Knowledge from MidOcean Partners. No financial terms were disclosed. Robert W. Baird & Co. and Kirkland & Ellis served as advisors to Global Knowledge while Credit Suisse, Macquarie and Sullivan & Cromwell advised Rhône. Global Knowledge is a provider of IT and business skills training.
Shipston Equity Holdings has bought Busche Enterprise Division, a provider of precision production machining for the automotive, agriculture, construction and industrial sectors. No financial terms were disclosed. Comerica Bank provided senior financing for the transaction.
HGGC has agreed to acquire a majority stake in Survey Sampling International. No financial terms were disclosed. As a result of the transaction, Providence Equity Partners and Sterling Investment Partners, SSI's joint owners, will retain minority stakes in the business. Also, Rich Lawson, CEO and managing partner of HGGC, has been named chairman of SSI's board while Steve Young, managing partner of HGGC will also join the board. Based in Shelton, Conn., SSI is a provider of data solutions and technology for consumer and business-to-business research.
Private equity firm Nordic Capital has agreed to take over Norwegian broadcasting technology firm Vizrt at a 32 percent premium compared to its previous closing price, valuing the firm at around 2.5 billion crowns ($370 million.)