Packaging maker Rexam said it would sell bulk of its healthcare business to Montagu Private Equity for $805 million in cash.
Thoma Bravo has completed its investment in Segall Bryant & Hamill, an independent investment management firm based in Chicago with more than $9 billion in assets under management. Financial terms were not disclosed.
Vector Capital, a tech-focused private equity firm, has acquired CollabNet, a provider of cloud-based application lifecycle management solutions, from existing venture investors and other shareholders. Along with the buyout, Vector also has made a growth investment in the company.
TPG Growth has acquired a majority stake in cosmetics brand e.l.f. Cosmetics, from company founders and TSG Consumer Partners LLC. Existing management will continue to have a meaningful investment in and an ongoing role with the company. Terms of the transaction were not disclosed.
Thomas H. Lee Partners has completed the acquisition of online contact lens retail business 1-800 CONTACTS from WellPoint. Financial terms were not disclosed. As part of the deal, 1-800 CONTACTS chief executive officer Jonathan Coon is retiring and will be replaced by Brian Bethers.
FourPoint Energy has acquired oil and gas properties and related midstream assets in the Western Anadarko Basin from EnerVest. As part of the deal, the firm has bought for $268 million a stake in Laredo Petroleum and SM Energy acquisitions closed by EnerVest in the second half of 2013, including interest in more than 1,200 producing wells. Also, FourPoint has raised more than $1 billion including $200 million in direct private equity and $800 million in term debt from EIG Global Energy Partners and GSO Capital Partners.
Centre Lane Partners has completed its acquisition of the assets of the candle manufacturing and marketing operations of Lancaster Colony Corporation. The purchase price for the acquisition was $28 million, including certain working capital adjustments.
AIM-quoted China Private Equity Investment Holdings has signed a conditional acquisition agreement to acquire interests in four companies which themselves hold interests in four domestic Chinese businesses. The agreement has been signed with Elypsis Solutions, a wholly owned subsidiary of Asia Private Credit Fund Limited, which is managed by an affiliate of Adamas Asset Management.
Global emerging market investor Actis has made a 36% equity investment in the AutoXpress group. Te business is an East African tyre wholesaler and retailer.
The Resolute Fund and funds managed by The Jordan Company are selling the Haas Group, a provider of outsourced chemical supply chain management solutions, to Wesco Aircraft Holdings for $550 million, subject to certain closing adjustments. Haas is headquartered in West Chester, PA.