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.
CCMP has closed its previously announced acquisition of a controlling stake in Hillman from Oak Hill Capital. CCMP made the investment in partnership with Hillman's current management team. Oak Hill Capital will retain a "significant" minority stake in Hillman. Headquartered in Cincinnati, Hillman is a provider of fasteners, key duplication systems, engraved tags and related hardware items.
Involta has received $50 million in financing. M/C Partners led the round with participation from Morgan Stanley Alternative Investment Partners. Involta owns and operates multi-tenant data centers in the U.S.
H-D Advanced Manufacturing Company has acquired Sungear. Headquartered in San Diego, CA, Sungear manufactures precision gear components for aerospace suppliers worldwide. H-D was formed in December 2012 by The Riverside Company, Hicks Equity Partners and Weinberg Capital Group.
Wynnchurch Capital has acquired U.S. Manufacturing Corporation. Based in Warren, MI and Guanajuato, Mexico, USM is a manufacturer of highly engineered extruded products and solutions for a variety of industrial markets.