After more than six years, Madison Dearborn Partners may finally get to sell Yankee Candle.
Darby Private Equity, the private equity unit of Franklin Templeton Investments, said Tuesday it has made a "significant" investment in Cobis Systems Corp. No financial terms were disclosed. Corbis is a Latin American provider of financial sector software.
Aquiline Capital Partners and Genstar Capital Management have closed their buy of Genworth Wealth Management for $412.5 million. The seller is Genworth Financial. The deal, which was announced in March, includes Genworth Financial Wealth Management and Altegris.
The Riverside Company has acquired Rutland Plastics. Financial terms weren't announced. Pineville, N.C.-based Rutland provides premium screen printing inks for the apparel industry and plastisol compounds that are used in coating, molding, and other applications for automotive and industrial customers. BMO Harris Bank and GE Antares Capital provided senior financing and PNC Erieview Capital provided mezzanine financing for the transaction.
The Riverside Company has sold AIA Corp. The buyer is McNally Capital. Financial terms weren't announced. Neenah, Wis.-based AIA provides promotional products and corporate apparel through roughly 300 affiliates in the U.S.
The Riverside Company has acquired Kyjen Co. Financial terms weren't announced. Centennial, Colo.-based Kyjen designs and distributes branded dog toys such as Plush Puppies, Invincibles, Outward Hound and Dog Games. Deerpath provided the financing for the deal.
Broadcast tower operator Telediffusion de France (TDF) has received a near 3.8-billion-euro non-binding offer from Dering Capital for its French assets, the Financial Times reported, citing people familiar with the matter.
Estancia Capital Partners has acquired a minority interest in Equinoxe Alternative Investment Services. Financial terms weren't announced. Bermuda-based Equinox is an alternative fund administration firm with over $12.5 billion of assets under administration. Barrington Partners provided financial advice to Estancia.
Pamlico Capital has made a "significant" investment in Physicians Endoscopy. Financial terms weren't announced. The seller was Silver Oak Services Partners. Jamison, Pa.-based Physicians Endoscopy develops and manages freestanding, single-specialty endoscopic Ambulatory Surgery Centers in partnership with practicing physicians and hospitals. Piper Jaffray & Co. provided financial advice to Physicians Endoscopy.
US consumer products company Jarden Corp has agreed to buy scented candle maker Yankee Candle Company for $1.75 billion, the Wall Street Journal reported, writes Reuters. Jarden is buying the company from private equity firm Madison Dearborn Partners, which acquired Yankee Candle for $1.6 billion in 2006.