Concho Resources Inc. said it will buy all of the oil and natural gas assets of Three Rivers Operating Company LLC, a portfolio company of private equity firm Riverstone Holdings, for $1 billion in cash, Reuters reported Monday. Three Rivers owns 200,000 net acres in the Permian Basin, an area spanning Texas and New Mexico. […]
The Leisure Pass Group, an operator of multi-attraction tourist passes is being sold to its management team, led by CEO Darran Evans and backed by private equity house Primary Capital, for 35 million pounds ($56.2 million). International corporate finance advisory firm Livingstone Partners advised shareholders of the company on the transaction. PRESS RELEASE Livingstone Partners, […]
Private equity firm Triton is to sell Scandinavian installation services provider Bravida to Bain Capital for an undisclosed sum, writes Reuters. Triton, which owns Bravida through its Triton Fund III, bought the company from Norway’s Telenor in 2006. Earlier this year, sources told Reuters that Bain Capital was among at least four private equity firms […]
Domtar Corp. has acquired EAM Corp. The seller was Kinderhook Industries. Financial terms weren’t announced. EAM has two products, NovaThin and NovaZorb, that are used in personal care applications like feminine hygiene, adult incontinence and baby diapers. Derek Lewis, Darwin Olympia and Marshall Croft of Harris Williams advised EAM. PRESS RELEASE Harris Williams & Co., a […]
Sun Capital Partners said Friday that it has completed the sale of Fearman’s Pork to Sofina Foods. Financial terms weren’t announced. Fearman’s operates the largest pork processing plant in Ontario, Canada. PRESS RELEASE Sun Capital Partners, Inc. (“Sun Capital,”) a leading private investment firm specializing in leveraged buyouts and investments in market-leading companies, today announced […]
LinkedIn Corp and private equity firm Silver Lake Partners are among a number of parties that have expressed interest in a potential deal for Monster Worldwide Inc.
Thoma Bravo earlier this week closed the sale of SonicWall to Dell. Financial terms weren’t announced. PRESS RELEASE Thoma Bravo, LLC, a leading private equity investment firm, announced today it has completed the sale of portfolio company SonicWALL, Inc., a leading provider of IT security and data backup and recovery solutions, to Dell Inc. (NASDAQ:DELL). […]
American & Efird Global, a portfolio company of KPS Capital Partners, announced Friday that is has acquired the outstanding two-thirds share ownership of A&E Sri Lanka and A&E Bangladesh from its two joint-venture partners, Brandix Lanka Limited and Brandot International Ltd. Financial terms were not disclosed. A&E is a manufacturer and distributor of premium quality […]
Lovell Minnick Partners has acquired a majority interest in Commercial Credit Group Inc., buying the company from Falfurrias Capital Partners, a Charlotte, N.C.-based private equity firm. Terms of the deal were not released. PRESS RELEASE Lovell Minnick Partners is pleased to announce the acquisition of a majority interest in Commercial Credit Group Inc. (“CCG”), a […]
Platinum Equity will buy a 65% stake in in Caterpillar Logistics Services LLC, the third party logistics division of Caterpillar Inc.’s logistics subsidiary. The transaction is valued at approximately $750 million. Under the terms of the agreement, Caterpillar would retain a 35% equity stake. Other details are not being released. PRESS RELEASE Caterpillar Inc. CAT […]