JWI Capital has acquired the WH Smith Hardware Co., a Parkersburg, West Virginia-based fabricator and assembler of handling equipment and load securing and material handling hardware. No financial terms were disclosed.
Francisco Partners has invested an undisclosed amount in T-System Inc., a Dallas-based provider of clinical documentation solutions for hospital emergency departments.
MELBOURNE (Reuters) – Australian private equity firms Pacific Equity Partners and CHAMP are among firms advancing to the second round of bidding to buy pallet maker Loscam, three banking sources familiar with the process said. Loscam owner Affinity Equity Partners is hoping to raise A$500 million to A$700 million ($460 million-$640 million) in the sale. […]
Pet Valu Canada Inc., a portfolio company of Roark Capital Group, has acquired Bosley’s Pet Food Plus Inc., a Vancouver-based small-format retailer of pet food and supplies. No financial terms were disclosed. Roark took Pet Valu private last August.
AMSTERDAM/MADRID (Reuters) – Endesa (ELE.MC) has launched the sale of its Spanish gas distribution and transmission network, a disposal that could fetch up to 760 million euros, several people familiar with the matter said on Thursday. The Spanish utility, in which Italy’s Enel (ENEI.MI) has a 92 percent stake, sent out teasers to interested parties […]
Providence Equity Partners has offered to acquire AcadeMedia AB, Sweden’s largest independent education company with approximately 45,000 students and course attendants at around 150 locations. AcadeMedia is publicly-trade in Stockholm. The proposal would value AcadeMedia at approximately $283 million, with AcadeMedia stockholders to receive SEK165 per share (3% premium to yesterday’s closing price). www.provequity.com
Advent International has acquired UK sofa retailer DFS for an undisclosed amount. This comes less than a month after the company's founder said DFS was not for sale, despite persistent press reports of a £500 million auction.
Oak Hill Capital Partners has agreed to acquire The Hillman Companies Inc. from Code Hennessy & Simmons, Ontario Teachers’ Pension Plan and certain members of company management. The deal is valued at $815 million, with Hillman's publicly traded trust preferred securities to remain outstanding on the NYSE-AMEX. Hillman is a Cincinnati-based distributor of hardware items to retail customers.
FRANKFURT (Reuters) – Goldman Sachs (GS.N) is considering a takeover of the remains of insolvent German department store chain Karstadt if no other investor emerges, two sources familiar with the situation told Reuters. Goldman Sachs as well as Deutsche Bank (DBKGn.DE) are part of the Highstreet consortium, which owns about two-thirds of Karstadt’s store space. “Is […]
TPG Capital has agreed to buy American Tire Distributors Holdings Inc. for $1.3 billion, from Investcorp, Berkshire Partners and Greenbriar Equity Group. The deal is expected to close next quarter. American Tire is a Charlotte-based distributor of replacement tires to local, regional and national tire retailers.