Corporate Strategies Merchant Bankers Sells Texas Gulf Oil & Gas
Global NuTech has acquired Houston, Texas-based Texas Gulf Oil & Gas. The acquisition from private equity firm Corporate Strategies Merchant Bankers includes individual oilfield producing assets throughout the Austin Chalk and near the Eagle Ford shale play in Texas.
PRESS RELEASE
Global NuTech, Inc. (OTCQX: BOCL) announced today that the company has acquired 100% of the...
HgCapital Looks to Exit SHL
HgCapital, the mid-market private equity shop, is looking to exit its investment in SHL, the largest private employer of business psychologists in the world, Reuters reported, citing an article in the Financial Times. The UK-based business is valued at about $700 million.
Domtar Stays Dry with Rutland’s Attends Healthcare
Domtar Corporation is to acquire Attends Healthcare Limited, manufacturer and supplier of adult incontinence care products in Europe, from Rutland Partners for €180 million ($236.9 million). The closing of the transaction is expected during the first quarter of 2012, subject to customary closing conditions.
PRESS RELEASE
Domtar Corporation (NYSE: UFS) (TSX: UFS) today announced the signing of...
Industrial Growth Partners Sells O’Brien Corp
AMETEK has acquired O’Brien Corporation, a manufacturer of fluid and gas handling solutions, sample conditioning equipment and process analyzers from Industrial Growth Partners for approximately $175 million. Based in St. Louis, MO, O’Brien Corporation has annual sales of approximately $80 million.
PRESS RELEASE
AMETEK, Inc. (NYSE: AME) today announced that it has acquired O’Brien Corporation, a...
TA Associates Scoops America’s Gateway Portfolio
TA Associates has acquired the America’s Gateway portfolio, a four-building distribution warehouse portfolio in Miami, for just over $19 million. CBRE Capital Markets marketed the portfolio and negotiated the transaction on behalf of the seller, Clarion Partners.
PRESS RELEASE
TA Associates acquired the America’s Gateway portfolio, a four-building distribution warehouse portfolio in Miami, for just over $19...
Capital Dynamics Sells Permasteelisa
Global private asset manager Capital Dynamics has divested its co-investment in Swiss architectural engineer Permasteelisa alongside lead investor Alpha Private Equity Fund 5. The fund realizes a multiple of investment cost of three times and a gross IRR of approximately 100%. The exit was achieved by way of a trade sale to JS Group Corporation,...
Datatel, Sungard Higher Ed Merger Closes
Hellman & Friedman said Monday that the merger of Datatel and SunGard Higher Education has closed. The new company will have a new name that will be launched during the first half of this year. Until that time, the company will be called "Datatel+SGHE."
Nonni’s Buys THINaddictives
Nonni's, which is backed by Wind Point Partners, has acquired THINaddictives. Financial terms weren't announced. THINaddictives makes specialty thin biscotti.
Prospect Sells NRG Stake
Prospect Capital Corporation and other third-party shareholders have executed a stock purchase agreement to sell their ownership interests in NRG Manufacturing, a manufacturer of oilfield equipment. Prospect expects to collect approximately $100 million in cash in the March 2012 quarter related to the sale of NRG. Prospect expects to realize a 59% annualized internal rate...
TransDigm Group Acquires AmSafe Global
TransDigm Group has acquired AmSafe Global, a supplier of proprietary safety and restraint equipment used primarily in the global aerospace industry. AmSafe is being purchased for approximately $750 million in cash from a group controlled by Berkshire Partners and Greenbriar Equity Group.
PRESS RELEASE
TransDigm Group Incorporated (NYSE: TDG) announced today a definitive agreement to purchase AmSafe...
RJD Partners Sells Boating Holdings
UK-based mid-market investor RJD Partners has sold the operations of European Boating Holidays, an operator of European inland waterway boating holidays, to a French syndicate-backed management buy-in, led by Serge Naim and financed by Avenir Entreprise and AMS Industries. The value of the transaction was undisclosed. EBH is the sixth realisation from RJD’s first fund,...
