Canada Pension Plan Investment Board has made a $325 million investment in 21st Century Oncology, a portfolio company of Vestar.
Shutterfly Inc shareholders Marathon Partners Equity Management LLC and Mario Cibelli said on Friday that they would support the potential sale of the online photo-sharing service provider, Reuters reported.
Kilmer Van Nostrand Co. Ltd, a Canadian investment holding company affiliated with mid-market private equity firm Kilmer Capital Partners, has bought English Bay Batter Inc, a bakery company producing premium gourmet cookies and frozen and refrigerated dough. The value of the acquisition was not disclosed. Founded in 1983, the Vancouver-based English Bay is an established wholesale bakery business serving the in-store bakery, grocery, restaurant and food service channels across North America. The company said the partnership with Kilmer will help it execute its strategic plan to become a much larger North American bakery business.
Terminix, an affiliate of U.S.-based ServiceMaster Global Holdings Inc (NYSE: SERV), has acquired substantially all of the assets of Groupe Cameron, a pest management company with headquarters in Sherbooke, Québec. The financial terms of the deal were not published. Terminix's acquisition of Groupe Cameron is its third in Canada since August 2013. At that time, the company bought Toronto's Magical Pest Control, while last September it acquired Vancouver's Care Pest & Wildlife Control. The Memphis, Tennessee-based ServiceMaster has been a portfolio company of U.S. private equity firm Clayton Dubilier & Rice since 2008.
At least six state investment firms are interested in buying the property assets of restaurant and packaged food company Bob Evans Farms Inc, the Wall Street Journal reported, citing people familiar with the matter.
Singaporean sovereign wealth fund GIC has bought a stake in RAC Ltd from U.S. private equity firm Carlyle Group, a deal that will halt plans to list Britain's second largest roadside recovery group, Reuters reported.
Merchandise agency Bensussen, Deutsch & Associates has secured $75 million in funding from American Capital. Cascadia Capital advised BDA on the transaction.
Vista Equity Partners and Thoma Bravo LLC are among a small group of private equity firms competing to buy TIBCO Software Inc, a business software company with a market value of more than $3 billion.
European private equity firm CVC [CVC.UL] is resuming the sale of Swiss mobile telecoms company Sunrise and could hire a bank to advise on the deal by the end of the year.
Vital Capital has made a commitment of $10 million to US company, WaterHealth International. The business provides access to clean, safe water in underserved communities worldwide.