Wynnchurch Capital has acquired the assets of Indiana Limestone Company, a limestone quarrier and fabricator in the United States. Wynnchurch acquired the assets out of bankruptcy.
Canadian junior mining company Aurcana Corp (TSX.V - AUN) has received a $7 million investment from private equity firm Orion Mine Finance Group. The firm acquired 10.1 million shares of Aurcana at a price of $0.69 per share to facilitate a debt settlement. As a result of the deal, Orion holds approximately 22% of the issued and outstanding common shares of the company. Based in Vancouver, Aurcana is a primary silver producer with properties in Mexico and the United States. With offices in New York and other locations, Orion is focused on investing in the global mining industry.
Finnish commercial property owner Citycon said on Tuesday it plans to raise about US$550 million of new capital from owners as it looks to step up shopping centre acquisitions, Reuters reported. About half of the issue is planned to be offered to CPP Investment Board European Holdings, a subsidiary of Canada Pension Plan Investment Board, while the other half is directed to existing investors. Funding proceeds will be used in part to make a debt repayment and enable the company to pursue acquisitions and projects in Nordic and Baltic regions.
EAT, a portfolio company of Lyceum Capital, has received 40 million pounds in unitranche financing from Ardian. Based in the UK, EAT is a food-to-go provider.
Charlotte, NC-based private equity firm Falfurrias Capital Partners said Tuesday that it has acquired a controlling stake in American Safety Council. No financial terms were disclosed. Located in Orlando, Florida, ASC is a provider of e-learning solutions that focus on transportation and workplace safety.
SpeedCast, a portfolio company of TA Associates, has acquired SatComms Australia. Financial terms weren’t announced. SatComms, of Queensland, Australia, is a specialized provider of mobile and fixed satellite solutions in the Australian market and in the Asia-Pacific region.
Buyout firm TPG Capital LP is exploring a sale of RentPath Inc in a deal that could value the property listings company, known for its Apartment Guide and Rent.com websites, at more than $1.5 billion, sources told Reuters.
Pouschine Cook Capital Management has sold Great Lakes Caring. Financial terms or the buyer weren’t disclosed. William and Cherilyn Deary, Great Lakes founders, and their management team will continue to lead the company and maintain a significant equity stake, a statement said. An FTC notice in April said Wellspring Capital was acquired Great Lakes Partners. Jackson, Mich.-based Great Lakes is a for-profit provider of in-home post-acute services. Houlihan Lokey advised Pouschine Cook.
UK dental chain Integrated Dental Holdings will either be put up for sale or floated on the stock market by private equity firm Carlyle Group, writes Reuters. The chain comprises some 570 dental clinics in Britain.
An investor group has acquired a material equity stake in StoreFinancial. The group consists of Dan Henry (NetSpend CEO), Mark O’Connell, Mariner Holdings, OpenAir Equity Partners, Larry Maddox, and Jim Jerome (former NetSpend EVP). Financial terms were not announced. Overland Park, Kansas-based StoreFinancial is a payments processor and program manager.