Nautic Partners has completed its previously-announced sale of Medegen, a Scottsdale, Ariz.-based developer of infusion therapy solutions, to CareFusion Corp. (NYSE: CFN). The deal was valued at $225 million in cash. Nautic reports that the deal provides it with a 3.5x cash-on-cash return.
QCSA Holdings, a vehicle remarketing and total loss claims management company, has acquired Salvage Direct, salvage re-marketing company. No financial terms were disclosed. QCSA is owned by private equity firm Kinderhook Industries.
TSG Consumer Partners has agreed to sell Smashbox Beauty Cosmetics Inc. to The Estée Lauder Companies Inc. (NYSE: EL). No financial terms were disclosed.
J.F. Lehman & Co. has agreed to sell Atlantic Marine Holding Co. to BAE Systems for $352 million in cash. Atlantic Marine provides vessel maintenance, repair, overhaul and conversion, marine fabrication and ship construction services.
LONDON (Reuters) – British fund firm Jupiter Asset Management is set to announce a London listing of its shares, a move that could value the group at up to 1 billion pounds ($1.44 billion), the Financial Times reported on Tuesday. The paper said Jupiter, who is being advised by Lexicon Partners, JPMorgan and Bank of […]
PARIS (Reuters) – French financial holding firm Eurazeo (EURA.PA) is in talks with several investment funds about the sale of its B&B Hotels business, three sources familiar with the situation told Reuters. “Eurazeo has received numerous expressions of interest for B&B from several funds,” one of the sources said on Tuesday. “They are looking at […]
Hain Pure Protein Corp. has completed the previously-announced sale of its Kosher Valley brand to Empire Kosher Poultry for an undisclosed amount. HPPC is a joint venture between Pegasus Capital Advisors and The Hain Celestial Group Inc.
H.I.G. Capital has acquired the assets of Excel Homes LLC, a Camp Hill, Penn.-based custom modular home manufacturer. No financial terms were disclosed.
Aurora Capital Group has agreed to acquire the assets of Parking Company America Airports, a bankrupt operator of 27 off-airport parking facilities. No financial terms were disclosed.
Google Inc. (Nasdaq: GOOG) has offered to acquire Global IP Solutions Holding AB (Oslo: GIPS), a San Francisco-based company focused on voice and video processing in IP communications. The deal is valued at approximately $68.2 million.