Prospect Partners has recapitalized Owen Equipment Company and Owen Equipment Sales. The business is based in Portland, Ore and is a distributor of maintenance equipment used to service environmental infrastructure needs.
CapMan is acquiring acquire a majority holding in Kämp Group. The group includes Hotel Kämp, a Finnish hotel chain located in the Helsinki city centre and the modern lifestyle hotel chain GLO Hotels.
H.I.G. WhiteHorse, a provider of debt capital to European mid-market companies, has arranged and provided a unitranche debt financing for Steelite International Holdings Limited. Headquartered in Stoke-on-Trent, UK, Steelite was formed following the acquisition of the Hotelware division of Royal Doulton in 1983. The company is a provider of tableware for the international hospitality industry.
Iotum, an operator of online collaboration, WebRTC and group calling services, has bought Vancouver-based conferencing platform Gaboogie for an undisclosed amount. The Gaboogie acquisition is iotum's third in nine months. Among its previous deals, the company last May bought Glendale, Calif.-based Global Conference Partners, formerly a portfolio company of U.S. private equity firm American Capital. Iotum, which is backed by boutique technology investor Verdexus, said the Gaboogie transaction will boost the company's user base and amortize its infrastructure and core technology, while reducing churn from the acquired properties.
Eric Margolis, owner of Jamieson Laboratories Ltd, a Windsor, Ont.-based provider of vitamins, minerals and nutrition supplements, has agreed to sell the company to U.S. private equity firm CCMP Capital Advisors. The acquisition price was not disclosed, however, one source has pegged it at $300 million. The deal is expected to close at the end of January. Margolis said the backing of Jamieson by CCMP will provide new capital infusions and management to continue its growth, including expansion into the United States and globally. Margolis will remain chairman of the the company's board of directors. CCMP portfolio company Milacron LLC last year bought Georgetown, Ontario-based plastics manufacturer Mold-Masters Ltd from U.K. private equity firm 3i Group.
Vodafone and Liberty Global are competing to buy Spain's largest cable operator, Ono, from its private equity owners, Reuters reported.
Private equity firm Thoma Bravo LLC is exploring the sale of network security company Blue Coat Systems Inc and is expected to choose Goldman Sachs Group Inc to lead the effort, sources told Reuters.
Genstar Capital LLC is exploring a sale of TravelClick Inc, a provider of online reservation systems to the hotel industry that could be valued at more than $800 million, sources told Reuters.
Lily O'Brien's has received a "significant" investment from Carlyle Cardinal Ireland, an Irish private equity fund formed by The Carlyle Group and Cardinal Capital Group. No financial terms were disclosed. Lily O'Brien's is an Irish maker of chocolates and desserts.
Blackstone has completed its acquisition of $200 million of newly issued Series A convertible preferred stock in Crocs. Moelis & Company advised Crocs on the transaction while Piper Jaffray and Macquarie advised Blackstone. Also, as a result of the investment, Blackstone's Prakash Melwani and Gregg Ribatt have joined Crocs' boad of directors. Crocs is a casual footwear brand.
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