Walt Disney, Comcast Corp. and News Corp are buying Providence Equity's 10% stake in Hulu, according to a report.
Arsenal Capital generated 4x its invested capital with the sale Novalyte. That should bolster the firm's effort to raise a third fund.
Cleveland-based lithium batteries component maker Novolyte Technologies has been acquired by BASF, providing New York-based private equity firm Arsenal Capital Partners an exit. The company carved Novolyte out of Ferro Corp. in 2008; specifics of the deal were not publicized. PRESS RELEASE: NEW YORK, April 26, 2012 – Arsenal Capital Partners, a leading New York-based […]
AMETEK, the listed, Pennsylvania-based electronic instrument manufacturer, will buy acquire the parent company of Dunkermotoren GmbH from European PE firm Triton. Specifics of the deal were not publicized but Dunkermotoren, based in Germany, has anticipated 2012 sales of about $200 million. PRESS RELEASE: BERWYN, Pa., April 26, 2012 AMETEK, Inc. (NYSE: AME) today announced that […]
Boeing, the listed, Seattle-based technology and defense firm, is buying Inmedius, a provider of software applications and services for content sharing. Specifics of the transaction and Inmedius backers were not immediately available. PRESS RELEASE: SEATTLE, April 26, 2012 — Boeing [NYSE: BA] today announced that it has signed an agreement to acquire Inmedius, a provider […]
PLC Holding of France bought Wisconsin Oven Corp., a maker of industrial ovens for aerospace, automotive and other industries. Specifics of the deal have not been disclosed. PLC Holding holdings now stretch into India, China, France, Romania, Germany and the US. PRESS RELEASE: PLC Holding of France has acquired Wisconsin Oven Corporation, a leading American […]
UK mid-market private equity firm Graphite Capital is investing £21 million ($34 million) in Rex Restaurant Associates. The London-based Rex chain was set up in 2003. PRESS RELEASE Graphite Capital, the UK mid-market private equity specialist, is investing £21 million ($34 million) in Rex Restaurant Associates Limited (Rex), the company owned by Chris Corbin and […]
The Comvest Group has acquired Lennox Hearth Products from Lennox International. Financial terms weren’t announced. LHP makes fireplaces, fireplace inserts, free-standing stoves, gas log sets, accessories and venting products. PRESS RELEASE The Comvest Group (“Comvest”), through its Comvest Investment Partners IV fund (“Comvest IV”), is pleased to announce the acquisition of Lennox Hearth Products (“LHP” […]
Kinder Morgan Energy Partners said Wednesday that it has agreed to buy 50% in a joint venture that owns the Altamont gathering, processing and treating assets, as well as the Camino Real Gathering System. The seller is KKR. Kinder Morgan is pay $300 million for the stake. The deal is expected to close at the […]
BC Technical, which is backed by MSouth Equity Partners, has acquired RA Services. Financial terms weren’t announced. The deal apparently closed in January. Detroit-based RA specializes in servicing molecular imaging equipment. PRESS RELEASE In January 2012, BC Technical, Inc. acquired RA Services, Inc., a company that specializes in servicing Molecular Imaging equipment out of Detroit, […]