National Vision Inc., an optical retailer owned by Berkshire Partners, has acquired the Eyeglass World chain from Vision Care Holdings LLC, a portfolio company of Summit Partners. No financial terms were disclosed. PRESS RELEASE National Vision, Inc. (NVI) has announced its acquisition of the Eyeglass World chain from Vision Care Holdings LLC. Eyeglass World […]
LONDON (Reuters) – National Accident Helpline has been placed back on the market for 60 million pounds ($82.70 million) by owners LDC, the private equity arm of Lloyds TSB (LLOY.L), the Independent on Sunday reported. The no win, no fee legal service was put up for sale last summer for between 70 million and 90 […]
Ancor Capital Partners and Merit Capital Partners have acquired Tom Cat Bakery Inc., a New York-based commercial bakery specializing in artisan breads and sweet goods. No financial terms were disclosed. Tom Cat was advised on the deal by McGladrey Capital Markets. PRESS RELEASE Tom Cat Bakery, Inc., an artisan bread and sweet goods commercial bakery […]
Omniflight Helicopters Inc., an Addison, Texas–based provider of air medical services, has agreed to sell its its Rescue Air 1 operations in the Atlanta area to Air Methods Corp. (Nasdaq: AIRM). No financial terms were disclosed. Omniflight is a portfolio company of Wind Point Partners.
Nuprecon/CST, a West Coast demolition contractor owned by Evergreen Pacific Partners, has acquired Marcor Remediation Inc., a Maryland-based environmental remediation contracting company. No financial terms were disclosed, except that the combined entity will generate approximately $250 million in annual revenue.
Platinum Equity has acquired a majority stake in DAUM Commercial Real Estate Services, a provider of commercial real estate services in Arizona and Southern California. No financial terms were disclosed.
Accelerated Rehabilitation Centers, an outpatient physical therapy platform sponsored by Gryphon Investors, has recapitalized two physical therapy clinic groups: St. Louis-based PRORehab PC and Des Moines-based Therapy Services of Iowa. No financial terms were disclosed.
H.I.G. Europe, a European affiliate of lower mid-market private equity firm H.I.G. Capital, has acquired FNZ Holdings, a financial software business, for an undisclosed sum. FNZ provides trade execution and custody services for wealth management platforms, fund supermarkets, wrap accounts and pensions in the UK and New Zealand. Clients include Standard Life, JPMorgan Asset Managenet […]
DETROIT (Reuters) – Just as Chrysler LLC announced a sequel to its ownership saga, the struggling automaker also unveiled plans to help underwrite the fourth installment of the “Terminator” movie series. Chrysler, which has received $4 billion in emergency aid from the U.S. government, has a deal to place its vehicles in cameo roles in […]
NEW YORK (Reuters) – The New York Times Co (NYT.N) is in advanced talks to sell a large portion of its headquarters building in midtown Manhattan to W. P. Carey & Co (WPC.N) in a deal that would allow the company to buy back the space, the newspaper said on its website on Thursday. The […]