Closing it out this week, we've got the FEM metric, markets' ugly May and the end of Chinatown buses
Southport Lane, a New York-based private equity firm, through its subsidiary Lonestar Holdco, has reached an agreement with Dallas National Insurance Holdings to acquire Dallas National Insurance Company, a Texas-based property and casualty insurer, founded in 2005. Terms of the deal were not disclosed. PRESS RELEASE: Southport Lane, a New York-based private equity firm, through […]
Plastipak Holdings Inc., the packaging and recycling solutions provider, has sold a significant equity investment to GS Capital Partners. Goldman Sachs advised GS Capital Partners on the deal. Specifics were not publicized. PRESS RELEASE: Goldman Sachs Capital Partners To Invest in Plastipak Transaction to Drive Additional Growth at Leading Manufacturer of Plastic Packaging PLYMOUTH, Mich., […]
Clayton, Dubilier & Rice, the New York-based private equity firm, will acquire Roofing Supply Group from The Sterling Group. Specifics were not publicized. Financing for the group was provided by Deutsche Bank Securities Inc., Goldman Sachs Bank USA, Credit Suisse, UBS Investment Bank and Citigroup. PRESS RELEASE: NEW YORK – May 31, 2012 – Clayton, […]
Progressive Solutions, the Canadian enterprise management software company, is being acquired by Marlin Equity Partners. The company will be integrated into Solarsoft, an existing Marlin portfolio company. Specifics on the transaction were not publicized. PRESS RELEASE: Marlin Equity Partners has acquired Progressive Solutions, a Richmond, Canada-based provider of enterprise management software for producers, manufacturers and […]
Consumer-focused PE shops may find themselves eager to make bids on a top fashion brand as Nike looks to go core.
A group of investors and bankers has made a buyout approach to Egypt’s biggest investment bank, EFG Hermes. Egyptian share prices have tumbled since the uprising that ousted President Hosni Mubarak last year, and many investors have been looking to snap up assets seen as undervalued. EFG’s shares have more than halved in that time. […]
Ostara Nutrient Recovery Technologies Inc., a company that recovers phosphorus and nitrogen from industrial and municipal wastewaters to create premium fertilizers, has raised $14.5 million. VantagePoint Capital Partners led the round, which included participation from London-based Frog Capital and Waste Resources Fund L.P., a fund managed by FourWinds Capital Management. PRESS RELEASE Ostara Nutrient […]
Aterian Investment Partners has acquired Burner Systems International Inc. from Dyson Investments, the firm announced Thursday. Terms were not released. Burner Systems is a supplier of components, assemblies and system solutions for the gas appliance industry. The company is based in Chattanooga, Tennessee. PRESS RELEASE Aterian Investment Partners (“Aterian”), a leading private equity firm, […]
After reportedly walking away last week from talks to buy women’s apparel retailer Talbots Inc., buyout shop Sycamore Partners said Monday that it would acquire the company in a deal valued at $369 million, including net debt. The firm will pay $2.75 million per share in cash for the company. The purchase price represents a […]