Rosewood Private Investments has invested in United 1 International Laboratories, a platform investment the firm expects to grow by pursuing add-on acquisitions. The investment in United is Rosewood's first in the nutritional supplement formulation and manufacturing space.
Acosta Sales & Marketing is to acquire Anderson Daymon Worldwide, a sales and marketing agency that exclusively serves Costco Wholesale, a multi-billion dollar global retailer with warehouse club operations in eight countries. The transaction is expected to close this month.
Growth equity firm Catalyst Investors has sold B-to-B media portfolio company Advantage Business Media to Owner Resource Group, an Austin, Texas-based private investment firm. Catalyst originally acquired ABM from Reed Elsevier in 2006.
Halyard Capital, Steelpoint Capital and other co-investors have announced the sale of portfolio company, Women’s Marketing to PNC Riverarch, a private equity arm of Pittsburgh-based PNC Financial Services Group Inc. No financial terms were disclosed.
Private equity firm Irving Place Capital is to sell Victor Technologies to Colfax Corporation, a global manufacturer of gas- and fluid-handling and fabrication technology products. Headquartered in St. Louis, Missouri, Victor Technologies provides superior solutions for cutting, gas control, and specialty welding equipment. The all cash transaction values Victor at approximately $947 million.
CapMan has invested in Suomen Lämpöikkuna Oy, best known for its service brand LämpöLux, a provider of turnkey window and door renovation solutions in Finland. The current management remains a significant minority owner in the transaction, which aims to further expand the market position of LämpöLux in Finland.
Northwestern Mutual Life Insurance's sale of Russell Investments is moving forward. Private equity is expected to bid aggressively for Russell.
Excellence Engineering has secured an undisclosed investment from Argonaut Private Equity. Based in Tulsa, Oklahoma, Excellence Engineering is a provider of engineering services focused mostly in the energy industry.
The founding family of Britain's No. 4 grocer, Wm Morrison Supermarkets, has contacted buyout firms to gauge their interest in taking the business private in what could be the biggest UK retail purchase in seven years, Bloomberg reported.
Chinese buyout firm Hony Capital is in advanced talks to join Baring Private Equity Asia consortium's $2.8 billion bid for online gaming company Giant Interactive Group Inc, sources told Reuters.