Seaport Capital said Wednesday it completed the sale of MCV Broadband to NTT DOCOMO for an enterprise value of about $130 million. MCV is a cable and internet provider on Guam.
Bain Capital is getting some of its money back on Air Medical Group Holdings.
Archer Limited, an oilfield services provider based in Hamilton, Bermuda, said on Wednesday that it has agreed to sell its North American Rental and Tubular division to Clearlake Capital Group, L.P. for approximately $244 million. The all-cash transaction is expected to close in June 2013. Archer's Rental and Tubular division provide equipment and services to exploration and production operators in U.S. land markets and the U.S. Gulf Of Mexico, in addition to both land and offshore markets in Mexico.
Alinta Energy is planning a $1 billion-plus debt issue in the U.S. term loan B institutional market to refinance maturing debt, writes Reuters. Alinta is owned by TPG Capital.
Fleming Family & Partners and Garber Hannam & Partners Limited have announced announce a final distribution to the shareholders of FF&P Russia Real Estate Limited. The payment means RREL has now returned over $213 million to shareholders, including international private equity companies and clients of FF&P Asset Management.
Pinetree Capital, a Toronto-based private equity firm specializing in investments in natural resource sectors, has acquired securities of Wolfpack Gold Corp., a company which advances underground gold projects towards production in the western United States. The transaction occurred via a reverse take-over by the company of Tigris Uranium Corp. As a result, Pinetree holds approximately 12.2% of all of the Vancouver-based Wolfpack's issued and outstanding common shares.
Audax Group said Tuesday it completed the recap of Chesapeake Research Review, which does business as Chesapeake IRB. Financial terms weren't announced. Columbia, Md.-based Chesapeake provides independent institutional review board services to pharmaceutical, biotech and medical device companies, universities, academic medical centers, and hospital systems. Madison Capital Funding provided financing for the deal.
Twin Rivers Paper Company Inc., a specialty paper manufacturer with mill operations in Madawaska, Maine, and Edmundston, New Brunswick, and a lumber sawmill in Plaster Rock, New Brunswick, is to be bought for an undisclosed amount by U.S. buyout firm Blue Wolf Capital Partners and Atlas Holdings. The seller of the company, which emerged from a bankruptcy in 2010, was Brookfield Asset Management. The majority interest deal is expected to be closed in a few weeks.
Peak Rock Capital has acquired Atlas Paper Mills. Financial terms weren't announced. Miami-based Atlas makes tissue paper.
Blue Wolf Capital Partners and Atlas Holdings said on Tuesday that they have reached an agreement to acquire Twin Rivers Paper Company from Brookfield Asset Management. No financial terms were disclosed. Twin Rivers is a specialty paper company with facilities in Madawaska, Maine, and Edmundston and Plaster Rock, New Brunswick.