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.
Canadian mineral exploration company Excelsior Mining Corp (TSXV: MIN) has completed the second tranche of a US$10 million equity financing provided by U.K.-based private equity firm Greenstone Resources. As a result, Greenstone now holds approximately 28.2 percent of Excelsior's issued and outstanding common shares, and has seen its second nominee appointed to the company's board of directors. The Vancouver-based Excelsior is developing a copper project within the copper porphyry belt of Arizona.
Fortress Investment Group has acquired a controlling stake in Omnisure Group that was previously held by Lincoln Park Capital. No financial terms were disclosed. Omnisure is a provider of payment plans for retail vehicle service contracts.
Private equity firm Abraaj Group hopes to conclude a deal soon to buy a majority stake in Saudi fast-food chain Kudu alongside TPG Capital, a senior Abraaj executive told Reuters.
German engineering group Siemens is in advanced talks to sell its hearing-aids business for more than 2 billion euros ($2.5 billion), with private equity firm EQT the frontrunner, sources told Reuters.
Ontario Teachers' Pension Plan has agreed to buy a minority stake in CSC ServiceWorks Inc, which is backed by Pamplona Capital Management. No financial terms were disclosed. The transaction, which will give Ontario Teachers a 29.7 percent stake in CSC, is expected to be completed in December. Morgan Stanley served as financial advisor to the company and Pamplona on the deal. CSC is a provider of multi-family housing and commercial laundry services, as well as air vending services. Update: The U.S.-based business was created in 2013 when Pamplona bought Coinmach Service Corp and AIR-serv Group LLC.
StoneCalibre has closed its buy of NetPlus. No financial terms were disclosed. Based in Gaithersburg, Maryland, NetPlus is a telecom infrastructure management solutions provider.