Appleseed's Topco Inc., a portfolio company of Golden Gate Capital, has completed its acquisition of Blair Corp. (AMEX: BL) for $42.50 per share in cash. The total transaction is valued at approximately $173.6 million. Blair Corp. is a Warren, Pa.-based catalog and multi-channel direct marketer of women's and men's apparel and home products. www.blair.com
Entrix Inc., a Houston, Texas-based environmental consulting company, has acquired Biological Research Associates LLC, a Tampa, Fla.-based consulting firm focused on natural resource projects, including wetlands, endangered species and water-related work. No financial terms were disclosed. Entrix was acquired by The Riverside Company in 2003. www.entrix.com www.biologicalresearch.com
IMG, a sports and entertainment management company controlled by Forstmann Little & Co., has acquired Collegiate Licensing Co., an Atlanta-based collegiate trademark licensing agency. No financial terms were disclosed. www.imgworld.com www.clc.com
Pegasus Solutions Inc., a Dallas-based provider of technology and services to hotels and travel distributors, has acquired Wizcom Inc., a provider of travel reservations processing technology. The seller is Travelport Holdings Ltd., which is owned by The Blackstone Group. Pagasus was acquired in a $275 million public-to-private buyout last year by Prides Capital, Tudor Investment […]
Thule, a Swedish portfolio company of Candover, has acquired Case Logic Inc., a Longmont, Colo.
Alleghany Corp. (NYSE: Y) has agreed to acquire Employers Direct Corp. from Golden Gate Capital and Swiss Re for $195 million. The deal is expected to close in the third quarter. EDC is a direct writer of workers' compensation insurance in California. www.employersdirect.com
Reuters (Nasdaq: RTRSY) has agreed to acquire ClearForest Ltd., a Waltham, Mass.-based provider of text analytics solutions. No financial terms were disclosed for the deal, which is expected to close in around 30 days. ClearForest has raised around $30 million in VC funding since 1998, from firms like Greylock, DB Capital Partners, Pitango Venture Capital, […]
Radware (Nasdaq: RDWR) has acquired Covelight Systems Inc., a Cary, N.C.-based provider of Web-channel data to backend analytic engines for a variety of enterprise uses. The deal was valued at $16 million in cash. Covelight had raised over $6 million in VC funding since 2002, from firms like aurora Funds, Intersouth Partners and NextPoint Partners. […]
Imaging Technologies Services LLC, an Atlanta-based portfolio company of Nautic Partners, has sold its reprographics division to American Reprographics Co. (NYSE: ARP). No financial terms were disclosed. www.itserve.com
Stonehenge Growth Capital has raised $200 million for a junior debt fund that will support privately-held lower-middle-market businesses. www.stonehengecapital.com