H.I.G. Capital has acquired Cascades Fine Papers Group from Cascades. No financial terms were disclosed. Cascades Fine Papers Group will be rebranded as Rolland Enterprises, its former name before joining Cascades. Headquartered in Saint-Jérôme, Quebec, Rolland is a provider of specialty fine papers using recycled fibers.
Symphony Technology Group has completed its acquisition of System C from McKesson. No financial terms were disclosed. Also, STG has named Dr. Ian Denley and Markus Bolton as joint chief executives of System C. Denley will be responsible for corporate affairs, research and development and the overall running of the company while Bolton will be responsible for sales, strategy and deployment services. Based in the UK, System C is a health and social care software supplier.
The Riverside Company has exited Retail Zoo, an Australian owner of four quick service restaurant concepts. The deal marks Riverside’s 100th exit since its 1988 founding.
Clayton, Dubilier & Rice has acquired Healogics from Metalmark Capital and Scale Venture Partners. The transaction is valued at approximately $910 million. The business is a wound care services provider.
Real estate owner Store Capital, backed by private equity firm Oaktree Capital Management, has retained banks to explore an initial public offering or a sale to another landlord, writes Reuters. Scottsdale, Arizona-based Store Capital buys portfolios of real estate from large tenants, such as chain restaurants, supermarkets and health clubs, and then leases the properties back to the tenants.
CVC Capital Partners has hired Credit Suisse, Deutsche Bank and Goldman Sachs to handle a share sale in Indonesian internet service provider PT Link Net Tbk, which could raise at least $500 million, writes Reuters. This would be CVC's biggest share sale in Indonesia since March 2013 when the private equity firm and PT Multipolar Tbk raised around $1.3 billion by selling part of their stake in Indonesian retail giant PT Matahari Department Store Tbk.
MCM Capital Partners is seeking $100 million for its third fund, two sources said.
Buyout firm Berkshire Partners LLC is in advanced talks to acquire Portillo's Restaurant Group, the largest privately owned restaurant chain in the U.S. Midwest, for close to $1 billion, people familiar with the matter told sister news service Reuters.
European Capital, an affiliate of American Capital, has arranged 26 million euros in mezzanine financing to support Qualium Investissement's acquisition of Groupe Poult. Headquartered in Toulouse, France, Groupe Poult is a maker of sweet biscuits.
Marlin Equity Partners has acquired Longview Solutions from Exact Holding N.V. No financial terms were disclosed. Headquartered in Toronto, Longview is a provider of corporate performance management and tax provisioning solutions.