3i Group has acquired a 45 percent stake in Soya Concept, a Denmark-based women’s clothing company. No financial terms were disclosed.
Advent International has agreed to acquire a majority interest in Bradco Supply, an Avenel, N.J.-based building materials company. No financial terms were disclosed. The company’s founding family will retain a minority equity position.
Affordable Care Inc., a Kinston, N.C.-based provider of dentures, has acquired five dental practices from South Carolina-based Fields Dental Management LLC and Piedmont Dental Center. No financial terms were disclosed for the deal, which was partially financed by junior and senior subordinated debt from Affordable Care shareholder American Capital.
AP Capital Partners acquired eServices, an energy management company based in Richmond, Va. The Orlando, Fla.-based private equity firm took on mezzanine financing from SPP Mezzanine, Patriot Capital, Spring Capital, and Plexus Capital. No financial terms were disclosed.
Avista Capital Partners has committed $100 million to Hansa Hydrocarbons LP, a London-based energy exploration company. The capital will be used to acquire and develop oil and natural gas properties in the North Sea and Northern Europe.
Blackbird Capital Partners has acquired the job lot paper division of Cincinnati-based Sabin Robbins Paper Co. No financial terms were disclosed. Amvest advised Blackbird on the deal.
The Blackstone Group and TPG are among a number of private equity firms believed to have made a buyout approach for UK mortgage lender Paragon.
The Blackstone Group has agreed to buy privately-held security personnel firm AlliedBarton Security Services. No financial terms were disclosed, although sources put the price-tag at approximately $1 billion. Credit Suisse and Lehman Brothers advised AlliedBarton on the transaction, which is expected to close next month.
Blue Capital, a holding company controlled by Bernard Arnault and Colony Capital, has increased its stake in French retailer Carrefour Group to 12.9 percent. Blue Capital controls 12% of the company’s voting rights.
CapStreet Group has sponsored a recapitalization of Trinity Steel Fabricators Inc., a Trinity, Texas-based provider of structural steel fabrication services. No financial terms were disclosed. GulfStar Group advised Trinity Steel on the deal, and also received a minority equity position.
Capvis has agreed to acquire the KVT unit of German steel and metals distributor Kloeckner & Co., for €325 million. KVT is a Switzerland-based maker of fastening systems and sealing plugs.
The Carlyle Group has invested approximately $75 million in financial services company Boston Private Financial Holdings Inc. The newly-issued shares are part of a larger capital-raising plan, which also will include $85 million in a public offering of common stock.
Centre Partners has acquired a stake in Covenant Care LLC, an Aliso Viejo, Calif.-based operator of 46 long-term care centers. No financial terms were disclosed.
Dynamic Offshore Resources, a Houston-based oil producing property acquisition business backed by Riverstone Holdings, purchased Northstar Exploration and Production Inc. for $235 million. Riverstone invested $500 million in Dynamic Offshore in January of this year.
EverBank Financial Corp., a Jacksonville, Fla.-based thrift holding company, has received approximately $100 million in private equity funding from Sageview Capital.
Fidelity Equity Partners has sponsored a Gbp33 million management buyout of Picsolve International, a London-based provider of photographic systems and services for leisure operators. The deal includes a Gbp13 million senior debt package from RBS.
Fortress Investment Group has offered to take over more than 100 restaurants from bankrupt Buffets Holdings Inc. Buffets had been acquired by Caxton-Iseman Capital in late 2006, but filed for Chapter 11 protection this past January.
H.I.G. Capital has agreed to acquire PMSI from AmerisourceBergen Corp. No financial terms were disclosed for the deal, which is expected to close later this quarter. PMSI is a Tampa, Fla.-based provider of managed care services and products for workers’ compensation and catastrophically injured populations.
Hargray Communications Group, a portfolio company of Quadrangle Group, has agreed to acquire the Central Florida operations of Smart City. No financial terms were disclosed for the deal, which excludes Smart City’s operations for the Orange County Convention Center. DH Capital advised Smart City on the deal.
Hellman & Friedman has acquired British IT company SSP Holdings PLC for £198 million, or 190 pence per share. Company management will role over part of their existing equity holdings, which were 29 percent prior to the buyout.
High Road Capital Partners and Charter Oak Equity have acquired Milwaukee Gear Co. and sister company Treat All Metals Inc. No financial terms were disclosed. Babson Capital Management and JPMorgan provided debt financing. No pricing terms were disclosed.
The Jordan Co. has agreed to acquire marine transport company Harvey Gulf International Marine Inc., for approximately $500 million. Jordan would hold a 76 percent stake, while company management would hold the remainder.
Kenner & Co. has acquired the Aluminum Products unit of industrial manufacturer Leggett & Platt. The deal includes $300 million in cash, a $25 million subordinated note and up to $25 million worth of preferred stock.
KKR reportedly is considering a buyout offer for Healthscope Ltd., an Australian private hospitals and diagnostics group.
Light Tower Fiber LLC, a provider of digital fiber optic networks, has acquired KeySpan Communications Corp., which provides fiber optic networks in New York City and Long Island. No financial terms were disclosed. Light Tower is a portfolio company of M/C Venture Partners and Wachovia Capital Partners.
Lion Capital, a UK private equity firm, acquired Mora, a Benelux frozen snacks business for an undisclosed price.
LS Power Equity Partners and Global Infrastructure Partners have offered to buy TransAlta Corp., a Canadian wholesale power generator and marketer, for approximately C$7.75 billion. The offer would give TransAlta stockholders C$32.25 per share, which was a 21 percent premium the July 21 closing price.
Marfin Investment Group has acquired a 50 percent stake in Sunce Koncen, a Croation Tourism Group. The deal was valued at €90 million.
Marketplace Events, a portfolio company of Stephens Capital Partners, has acquired a portfolio of 38 North American consumer home shows from Daily Mail & General Trust PLC. The deal was valued at $58 million. Jordan, Edmiston Group advised Daily Mail on the deal.
Marwit Capital has completed its acquisition of cinema operator Trans-Lux Corp.’s entertainment division. The total deal was valued at $24.5 million, and includes 10 movie theaters in the West and Southwest.
MediZine LLC, a publisher of health and fitness magazines like Healthy Living, has acquired the assets of University Health Publishing Group. No financial terms were disclosed. UHPG was represented by The Jordan, Edmiston Group. Veronis Suhler Stevenson has acquired a control position in MediZine last year.
Modern Luxury Media, a publisher of city magazines like the upcoming Manhattan, has acquired online luxury and lifestyle brand Juli B. No financial terms were disclosed. Modern Luxury Media is backed by Clarity Partners, while AdMedia Partners advised Juli B. on the sale.
Moneysupermarket.com, a publicly-traded price comparison website based in Britain, has rejected a preliminary buyout approach from Ontario Teachers’ Pension Plan.
Monomoy Capital Partners has acquired the Missy Group from the Redcats Group Inc., a unit of French holding company PPR SA. No financial terms were disclosed. Missy Group will be renamed Women’s Apparel Group LLC, and is a catalog and online retailer of “value-priced” clothing and accessories under the Chadwick’s, metrostyle and Closeout Catalog Outlet brands.
Motorola Inc. said that it will split its home and networks mobility unit into three businesses, which has led to speculation that it will seek to sell at least one of the pieces. The entire unit had first-quarter revenue of $2.4 billion.
Nmás1, a Spanish private equity firm, has sponsored a buyout of MBA Incorporado, a Spain-based maker of healthcare and surgical products. The deal is valued at €160 million, with Nmás1 taking a 77 percent ownership interest.
Permira is considering a bid for European frozen foods company Findus, according to The Sunday Telegraph. Permira already owns Iglo Birds Eye, while Findus is part of a food company owned by CapVest.
Perseus LLC has agreed to sponsor a recapitalization of Frontier Airlines Holdings Inc., via a $100 million investment in exchange for a 79.9 percent equity stake. Perseus also has provided a $75 million DIP financing commitment.
Phoenix Equity Partners and Sirius Equity have acquired LK Bennett, a UK retailer of upscale women’s clothes and accessories. The deal is believed to be valued at between £80 million and £100 million.
Pine Brook Road Partners announced a joint venture with oil and gas exploration company Comet Ridge Ltd., to develop the company’s U.S. assets. Pine Brook will provide up to $100 million in funding and hold a majority stake in the JV.
Pritzker Group has acquired Signicast, a Hartford, Wis.-based custom metal component maker, for an undisclosed amount.
Prospect Partners recapitalized Linkage Inc., a Burlington, Mass.-based education service provider for executives and senior management, for an undisclosed amount. The company’s management participated in the deal.
Providence Equity Partners and General Atlantic are the latest names attached to the bidding for a stake in the mobile device unit of China’s Huawei Technologies. Providence is teaming up with Silver Lake Partners, while General Atlantic has paired with AEA Investors. Other bidders include Bain Capital, KKR and GS Capital Partners. The deal is expected to top $2 billion.
The Riverside Company acquired MetroTeknik, which it will add-on to its portfolio company, Keycast Group. MetroTeknik is based in Halmstad, Sweden, and makes steel components that are required for severe environments.
Russell-Newman, a San Rafael, Calif.-based maker of sleepwear and intimate apparel, has acquired KN Ltd., which operates under the Karen Neuburger brand. No financial terms were disclosed. Russell-Newman is owned by Industrial Renaissance.
Segulah has offered to acquire Sweden-based Gunnebo Industrier for approximately $272 million, which represents a more than 50 percent premium to its recent closing price. Gunnebo makes such equipment as fastening systems for the construction industry and telescopic ladders.
Siemens AG is in talks to sell its Siemens Enterprise Networks unit to The Gores Group, according to a German newspaper.
Supply Chain Partners, a Cleveland, Ohio-based distribution-focused private equity firm, acquired Solon, Ohio-based Cone Industries, a catalog imaging supplies and accessories distributor.
TA Associates has completed a minority recapitalization of Keeley Asset Management Corp., a Chicago-based boutique manager that focuses on small to mid-cap companies undergoing internal corporate restructuring. No financial terms were disclosed. UBS served as financial advisor to Keeley, which has over $10 billion in assets under management.
TJX Cos. Inc. reportedly is looking to sell its Bob’s Stores unit, which has been losing money. Possible suitors include Philadelphia-based private equity firm Versa Capital Partners.
TouchPoint Print Solutions Corp., a printing company acquisition platform sponsored by Huron Capital Partners, has acquired Commercial Communications Inc., a Hartland, Wis.-based provider of digital document management, commercial off-set printing and fulfillment services. No financial terms were disclosed.
TowerCo, a portfolio company of Tailwind Partners, has agreed to acquire approximately 3,300 wireless communication towers from Sprint Nextel for $670 million in cash. The two companies have also entered into a long-term leasing agreement whereby TowerCo will provide Sprint with towers to support its CDMA, iDEN and WiMAX networks. Equity for the acquisition is being provided by Tailwind, Soros Strategic Partners, Stone Tower Equity Partners and Vulcan Capital.
Traffic Control & Safety Corp., a portfolio company of Marwit Capital, has completed the acquisition of Traffic Solutions Inc., a Redding, Calif.-based provider of traffic control and safety services in Northern California. No financial terms were disclosed.
Ultra*Pro, a portfolio company of Marlin Equity Partners, has acquired Around the Block LLC, a Layton, Utah–based provider of scrapbooking tools. No financial terms were disclosed.
Vestar Capital Partners has agreed to acquire the North American laundry business of Unilever Plc/NV, which includes brands like Snuggle, Wisk and Surf. The total deal is valued at approximately $1.45 billion, and is expected to close later this year.