According to a news release, Nuplex has agreed to sell its agency & distribution business Nuplex Specialties and its plastic additives business Nuplex Masterbatch to Axieo Pty Limited, a company created by CHAMP Private Equity. The value of the acquisition is A$127.5 million. Greenhill Australia and Allens Linklaters advised Nuplex in the transaction. Based in Australia and New Zealand, Nuplex is a specialty chemicals maker. To read the announcement, visit here.
New York Life has acquired a stake in Jaguar Growth Partners, a real estate private equity firm. Also, New York Life expects to invest up to $100 million in Jaguar's initial fund. And, New York Life has been named to Jaguar's advisory board.
MVCPE and Yukon have made undisclosed investments in AccuMED. As a result of the transaction, MVCPE has acquired a majority stake in AccuMED while Yukon has a minority stake. Based in Buffalo, NY, AccuMED is a medical products maker.
CVC Capital Partners has acquired Paroc Group for about 700 million euros. Based in Helsinki, Paroc is a maker of stone wool insulation in the Nordic and Baltic regions.
Chinese private equity fund Shanghai Debay Capital has agreed to provide $50 million in funding to Enigma Diagnostics. Based in the UK, Engima is a provider of molecular diagnostic point-of-care infectious disease testing.
Brice has increased its stake in Canadian private equity firm Clairvest Group. According to terms of the transaction, Brice bought 39,200 common shares in Clairvest at a price of $25 per share. Brice currently owns 61,700 common shares in Clairvest.
Sterigenics International LLC, a provider of contract sterilization services to the medical device and food industries, is exploring a sale that could value it at as much as $1.5 billion, including debt, sources told Reuters.
Catalyst Investors has invested in Reputation Institute. Financial terms weren't announced. New York-based Reputation Institute is a reputation research-based consulting and advisory firm.
Falfurrias Capital Partners is looking to exit Dorsey Wright & Associates after nearly three years.
Royal Camp Services Ltd, a portfolio company of U.S. private equity firm Hammond, Kennedy, Whitney & Co (HKW), has bought Summit Catering Ltd, a provider of catering and camp services in remote locations throughout Canada. The financial terms of the acquisition were not released. With its headquarters in Edmonton, Alberta, Royal Camp is a specialist in workforce accommodations, catering and related services for clients in energy and mining industries in western Canada. A former portfolio company of Canadian private equity firm TriWest Capital Partners, it was sold to HKW in November 2011.
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