Verdesian Life Sciences, which is backed by Paine & Partners, has acquired all of the assets of Plant Syence Ltd and its affiliates. Financial terms weren't announced. Plant Syence, of the U.K., supplies plant nutritional solutions to the agriculture and horticulture markets.
PLH Group Inc., which is backed by U.S. private equity firm Energy Capital Partners, has acquired Pipeworx Ltd. and its subsidiaries. Financial terms of the transaction were not announced. The Acheson, Alberta-based Pipeworx, founded in 2004, delivers infrastructure services to the oil and gas industry across the Western Canadian Sedimentary Basin.
The Carlyle Group, in partnership with Palamon Capital Partners, has acquired DBG Limited. Terms of the transaction were not disclosed.
Indigo Group, a business advisory and private equity firm, has completed the acquisition of six quick service restaurants based in East Texas. Indigo Group secured capital for the acquisition and served as advisor to the new management group.
Saphir Capital Partners has backed UK-based Molinare TV & Film Limited. Saphir will invest through the Luxembourg regulated Saphir Capital Private Equity Fund and join existing shareholders Next Wave Partners, Steve Milne, Julie Parmenter and the British Film Company who acquired the company in June 2012.
BPCE has completed the sale of Meilleurtaux.com to funds managed by Equistone Partners Europe Limited. Founded in 1999, Meilleurtaux.com is a provider of advice to consumers looking for mortgage solutions.
Silver Lake, Michael Dell's partner in the $24.4 billion buyout bid for Dell Inc., could receive a $180 million break-up fee if a higher accepted bid comes from a rival such as Blackstone Group LP and billionaire investor Carl Icahn, Reuters reports.
(Reuters) - Private equity mogul Stephen Feinberg is exploring a bid for Freedom Group, the Bushmaster rifle manufacturer that his firm, Cerberus Capital Management LP, put up for sale after one of its guns was used in a Connecticut school shooting late last year, three people familiar with the situation said on Tuesday.
Monroe Credit Advisors has closed a $23.5 million senior secured credit facility for Footprint Retail Services, which is backed by Chicago Growth Partners. Footprint used the loan to refinance existing debt and for general working capital.
Quantum Energy Partners has formed Jagged Peak Energy with the former executive leadership team of Ute Energy. Denver-based Jagged Peak will engage in the acquisition, development, and exploration of oil and gas assets, primarily focusing on resource plays in select North American basins. Quantum, along with members of the management team, have committed more than $400 million to Jagged.