TVV Capital said Tuesday that it has bought Design Molded Plastics. No financial terms were disclosed. Based in Ohio, DMP is a provider of custom full-service injection molding.
New York City-based ad tech firm AppNexus has received $60 million in funding from an unnamed private equity firm. According to the company, the investment puts AppNexus at a valuation of $1.2 billion. JPMorgan was the financial advisor to AppNexus on the transaction.
Canadian retailer Alimentation Couche-Tard Inc and China's Tencent Holdings Ltd are among suitors short-listed to buy a $16 billion minority stake in China's Sinopec Sales, the world's largest fuel retail network, sources told Reuters.
Global private equity firm Warburg Pincus and China's Shanghai Baosteel Gases Ltd have agreed a deal to buy the industrial gas assets of Henan Jinkai Chemical Investment Holding Group for 3 billion yuan ($489 million), the two partners said on Tuesday.
TA Associates has invested in SkinnyPop Popcorn. Details of the deal were not disclosed. As part of the transaction, Tom Ennis, former chief executive officer of Oberto Brands, will join SkinnyPop's executive team.
Partners Group has agreed to buy a controlling stake in Suzhou Savera Shangwu Elevator Riding System Co., which makes elevator components for an overall enterprise value of $450 million. The deal is expected to close by year end and is subject to closing conditions and regulatory approval.
Riverlake Partners has invested in Boise, Idaho-based Guerdon Enterprises, which produces multi-unit modular buildings. Riverlake was joined in its investment by Main Street Capital Corporation, and professionals from both Riverlake and Main Street Capital will join Guerdon's board.
KPS Capital Partners has agreed to sell iron foundry Waupaca Foundry, Inc. to Hitachi Metals for $1.3 billion in cash. The deal is expected to close in the fourth quarter and is subject to regulatory approvals.
Graham Partners may exit Infiltrator Systems after a near nine-year hold.
The TZP Group has sold The Dwyer Group back to The Riverside Company. Financial terms weren’t announced. Waco, Texas-based Dwyer is a holding company of seven franchise businesses focused on residential and commercial services. The companies include Aire Serv, Glass Doctor, The Grounds Guys, Mr. Appliance, Mr. Electric, Mr. Rooter (Drain Doctor in the UK and Portugal), and Rainbow International. In December 2010, The Riverside Company announced it was selling The Dwyer Group to TZP in a deal valued at $150 million.