Castle Harlan has completed its acquisition of a majority stake Pretium Packaging LLC, a Chesterfield, Mo.-based maker of specialty plastic containers for the food, pharma, personal-care and household markets. Company founder Keith Harbison retained a minority position. As part of the deal, Pretium Packaging acquired the parent of Novapak Corp. from Kirtland Capital Partners. The total transaction was valued at $200 million.
InStar Services Group, a portfolio company of BlackEagle Partners, has acquired Horizon Restoration Inc., a Denver-based provider of disaster restoration services. No financial terms were disclosed.
Bruckmann, Rosser, Sherrill & Co. has completed its purchase of $25 million of convertible preferred stock in Ruth’s Hospitality Group Inc. (Nasdaq: RUTH), owner of several restaurant concepts including Ruth’s Chris Steak House. Proceeds will be used to pay down an existing credit facility.
LONDON (Reuters) – Advent International, Permira and Cinven are in the second round of an auction of British sofa retailer DFS, which could fetch up to 500 million pounds ($784.3 million), people familiar with the process said. A fourth private equity firm could also remain in the running for the sofa chain, some of the […]
LONDON (Reuters) – The London recording studio immortalised by the multi-million-selling Beatles album of the same name has been put up for sale by its owners. Debt-laden music company EMI is seeking buyers for Abbey Road Studios, a mecca for Beatles fans around the world who pose for photographs imitating the picture on the 1969 […]
Exclusive Resorts, a Denver-based luxury destination club, has raised $20 million in new funding led by majority owner, and AOL co-founder, Steve Case.
Monomoy Capital Partners has acquired Casual Living USA Inc., a Tampa, Fla.-based women's apparel retailer. No financial terms were disclosed. Casual Living will become part of Boston Apparel Group, a Monomoy-sponsored platform that already includes the Chadwicks and metrostyle brands.
Chesapeake Midstream Partners has filed for a $345 million IPO. It plans to trade on the NYSE under ticker symbol CHM, with Citi and Morgan Stanley serving as co-lead underwriters. The Oklahoma City-based company was formed in 2008 as a 50/50 joint venture between Chesapeake Energy Corp. (NYSE: CHK) and Global Infrastructure Partners. As part […]
c, a knowledge process outsourcing company, has sold a minority ownership stake to Actis for $50 million. Also investing an undisclosed amount is Integron's majority shareholder, Ayala Corp.
RLH Equity Partners has agreed to partner with Jim Morley to to seek portfolio company acquisitions in the consumer durables space. Morley and RLH previously worked together on both Igloo Products and Enviroworks.