CTE Industries Ltd, an Edmonton, Alberta-based manufacturer and supplier of oilfield cementation equipment, has been bought by Antelope Oil Tool & Manufacturing Co LLC. The financial details of the transaction were not published. With headquarters in Mineral Wells, Texas, Antelope is a manufacturer of oilfield casing and cementing products. The company said the acquisition of CTE will extend its geographic presence into Canada and expand its customer base. Antelope is a portfolio investment of energy-focused U.S. private equity firm Intervale Capital. Intervale acquired the business in June 2013.
Canada Fluorspar Inc (TSX Venture: CFI) (OTC: CNDFF) has agreed to be bought by U.S. private equity firm Golden Gate Capital at a price of $0.35 per share, payable in cash. One source has valued the deal at $38.8 million. Canada Fluorspar also said that Golden Gate will provide it with $2 million in convertible financing in advance for on-going operations. The company's board of directors have recommended the acquisition to shareholders, who will consider it at a special meeting in May. Based in St. John's, Newfoundland, Canada Fluorspar develops industrial mineral projects with a current focus on a large fluorspar project in the Atlantic region.
UK bathroom retailer Victoria Plumb has received a "significant" investment from TPG Capital. No financial terms were disclosed. According to the firm, the capital infusion will be used to accelerate its growth. KPMG advised the Walker family, the founders of Victoria Plumb, on the transaction.
Buyout firm Freeman Spogli & Co and Bahrain-based investment company Investcorp have agreed to acquire Totes Isotoner Corp, the world's largest marketer of umbrellas, gloves and rainwear, sources told Reuters.
Blackstone Group and Carlyle Group are considering a bid for Singapore's Goodpack Ltd, sources told Reuters, eyeing the container maker a few weeks after its takeover talks with Australian pallet maker Brambles ended.
Medical Marketing Economics has received an undisclosed investment from angelMD, a healthcare-focused private equity firm led by physicians. Based in Oxford, Mississippi, MME is a provider of strategies and market research for health care goods and services.
Tenex Capital Management has acquired Carex Health Brands, which sells home medical equipment to consumers through drug stores, mass merchants and grocery retailers, from Ancor Capital Partners and Merit Capital Partners. Tenex will merge Carex with portfolio company Roscoe Medical.
Victory Park Capital has acquired most of the assets of Surefire Industries, a Houston, Texas-based manufacturer and global supplier of equipment and solutions for onshore and offshore hydraulic fracturing, coiled tubing, cementing, nitrogen and fluid pumping services. Terms of the transaction were not disclosed.
Spire Capital has acquired Accuship.com, Iron Data Solution's transportation spend management division. Headquartered in Memphis, TN, Iron Data TSM provides services to customers around the world across multiple end market verticals, including consumer, retail, manufacturing, technology, telecommunications, financial services, and healthcare among others.
Velocity Technology Solutions has completed its acquisition of Titan Technology Partners for around $80 million. This transaction is being financed through a combination of additional investment from Velocity's existing investor group led by Silver Lake Sumeru and bank funding.