PHILADELPHIA/NEW YORK (Reuters) – Farley’s & Sathers Candy Co Inc, the maker of Brach’s, Jujyfruits, and Now and Later candies, has hired investment bankers to help it find a buyer, sources familiar with the situation said on Wednesday. Farley’s & Sathers has hired Goldman Sachs to help it explore strategic options, sources said. The Minnesota […]
RockWood Equity Partners has acquired the assets of Minco Technology Labs Inc., an Austin, Texas-based fabless maker of mission-critical chips and components used in military and aerospace applications. No financial terms were disclosed for the deal, which was done in partnership with company management.
PARIS (Reuters) – French private equity firm PAI Partners entered exclusive discussions to acquire a majority stake in Cerba European Lab from Nordic private equity firm IK Investment Partners, Cerba said on Tuesday. Headquartered in Saint-Ouen-L’Aumone, Cerba performs around 2,000 different types of tests, the company said. The European medical sector has shown signs of […]
HgCapital has acquired SimonsVoss Technologies AG, a German provider of digital radio-based locking and access control systems. The deal reportedly is valued at around £100 million.
New Mountain Capital has agreed to buy the Specialty Chemicals business of Covidien (NYSE: COV) for $280 million. The Phillipsburg, N.J.-based group makes chemicals under the J.T.Baker and Mallinckrodt Laboratory Chemicals brands.
High Road Capital Partners has acquired Advanced Sleep Medicine Services Inc., a Los Angeles-based provider of sleep disorder diagnostics and related durable medical equipment in Southern California. No pricing terms were disclosed. Fifth Third Bank provided debt financing.
NEW YORK (Reuters) – Fidelity National Information Services (FIS.N) said its board approved a plan for the payment processing company to borrow more and use the funds to buy back as much as $2.5 billion of its shares. The move follows failed talks between Fidelity National and a consortium of private equity firms last week […]
BRUSSELS (Reuters) – Belgian financial group KBC (KBC.BR) has ended talks to sell its private equity unit to AXA Private Equity AXAF.BR and Belgian investment group Sofina (SOF.BR) without success, Belgian business daily De Tijd said on Wednesday. KBC had been holding exclusive discussions with the would-be buyers for some time. It was unclear whether […]
RoundTable Healthcare Partners has formed Renaissance Pharma Inc., a Montreal-based pharmaceutical platform company. No financial terms were disclosed. Renaissance Pharma will be led by Pierre Frechette, former president and CEO of Sandoz Canada Inc.
Thoma Bravo has completed its take-private acquisition of PLATO Learning Inc. (Nasdaq: TUTR), a provider of online learning solutions for K through adult. The deal was valued at approximately $143 million, or $5.60 per share.