Ancor Capital Partners has completed its acquisition of FCA Packaging Products LLC, a Moline, Ill.-based maker of industrial shipping containers. No financial terms were disclosed. William Blair & Co. advised FCA on the sale.
Black Oak Partners is part of an investor group that has approached General Motors about buying the assets of GM’s Saturn brand and distribution network.
BlueGem Capital Partners has agreed to acquire a 40 percent stake in U.K. stockbroker Panmure Gordon & Co. (LSE: PMR), for £15 million.
Buxbaum Group, a corporate turnaround and retail liquidation firm, has acquired discount clothing retailer Filene’s Basement.
Century Payments Inc., a Dallas-based acquisition platform focused on the payment processing market, has acquired Birmingham, Ala.-based National Merchant Services Inc. Century Payments was formed by Austin Ventures, which committed up to $50 million. NMS is its fourth acquisition.
Cerberus is not interested in bidding on a stake for General Motors’ Opel business, according to Reuters.
The City of Chicago has terminated an agreement to lease its Midway Airport to a group led by Citi Infrastructure Investors, after the investors were unable to secure enough financing. The $2.52 billion deal would have been the first privatization of a major U.S. airport. Participating alongside Citi was YVR Airport Services Ltd. and John Hancock Life Insurance Co.
Clearview Capital has completed its acquisition of Troy Industries Inc., a maker of decorative films used in plastic lamination applications. No financial terms were disclosed.
Colony Capital has broken off talks about a potential investment in struggling casino company MGM Mirage (NYSE: MGM).
Crescent Point, a private equity firm founded by former Morgan Stanley bankers, is looking to sell its control stake in Malaysian nursing school operator Masterskill, for at least $200 million. Both Carlyle Group and KKR have expressed interest, although neither has submitted a bid.
CVC Capital Partners has agreed to buy the iShares asset management business of Barclays PLC for £3 billion. Barclays will provide £2.1 billion to help finance the deal, and would be entitled to 20 percent of the equity return once CVC has achieved certain hurdles.
eBay announced plans to spin Internet phone company Skype off into an independent company, via an IPO. Skype’s co-founders had been trying to buy the company back from eBay, with the backing of private equity firms.
Edgewater Capital Partners has acquired Gabriel Performance Products Inc., an Ashtabula, Ohio-based chemicals supplier. Centerfield Capital Partners provided mezzanine and subordinated note financing.
Energy Investors Funds has acquired Watertown Renewable Power LLC, a 30-megawatt biomass power project currently under development in Watertown, Connecticut. The seller was Tamarack Energy Inc. No financial terms were disclosed.
Fortegra Financial Corp., an insurance services company owned by Summit Partners, has acquired Bliss & Glennon Inc. from Willis HRH Inc. No financial terms were disclosed. Bliss & Glennon provides transaction-based wholesale insurance brokerage.
General Motors reportedly has three remaining bidders for its Hummer brand, with offers of between $100 million and $200 million. None of the bidders are automakers, while only one is from the U.S.
GTCR has formed Six3 Systems Inc., a Fairfax, Va.-based government services acquisition platform focused on national security and defense intelligence. No financial terms were disclosed. Six3 Systems will be led by Robert Coleman, former CEO of government contractor ManTech International (NYSE: MANT).
HCA Inc. is planning to sell between $1 billion and $1.5 billion of 10-year senior secured first-lien notes. It had originally said that it would offer just $500 million. The yield is expected to be nine percent. HCA was taken private in 2006 by Bain Capital, KKR and Merrill Lynch Global Private Equity.
Hertz Equipment Rental Corp., a subsidiary of Hertz Global Holdings (NYSE: HTZ), has acquired Rent One, a provider of power to event and media companies in Spain. No financial terms were disclosed, except that Rent One had 2008 revenue of $2.9 million. Hertz shareholders include The Carlyle Group and Clayton, Dubilier & Rice.
InBev has received final offers for South Korea’s Oriental Brewery from three private equity firms: Affinity Equity Partners, KKR and MBK Partners.
Istithmar said that it has injected an undisclosed amount of new capital into department store chain Barneys New York. The money is expected to ensure that Barneys meets its 2009 schedule of shipments. Istithmar bought Barneys in 2007 for $943.2 million from Jones Apparel Group.
Lakeview Equity Partners of Milwaukee has acquired the event housing and registration assets of Ambassadors, an Atlanta-based event travel services company. No financial terms were disclosed.
Materis, a French construction chemicals company bought by Wendel Investissements in 2006, is asking its lenders to leveraged loan covenants and relax its repayment schedule.
Multi Packaging Solutions, a portfolio company of Irving Place Capital, has acquired certain assets of Ivy Hills Corp., a New York-based supplier of packaging solutions to the multi-media and consumer markets. No financial terms were disclosed. Innovative Folding Carton from ICV Capital Partners and the 21st Century Group. No financial terms were disclosed.
Pearl Group, an indebted U.K. insurer backed by TDR Capital, says that it is in talks to raise £500 million in new equity. It would then float on the London Stock Exchange.
Pegasus Capital Advisors has acquired a majority stake in Spirit Music Group, a New York–based music publisher with a catalog of more than 15,000 songs. No financial terms were disclosed.
Pegasus Capital Advisors has teamed with Deerfield Capital Corp. to form an investment venture that will purchase distressed corporate bank loans and other senior secured corporate loans. Pegasus has committed $75 million, while Deerfield has committed $15 million.
Quarry Capital has acquired Royal Pet Supplies Inc., a pet supplies distributor founded more than 60 years ago. No financial terms were disclosed.
Renewable Energy Generation, a listed U.K. wind farm operator, said that it received a takeover approach from an unnamed party. The news sent the company’s shares up by nearly 50 percent, valuing the business at just shy of $90 million.
Resilience Capital Partners has acquired shares representing more than a 5 percent stake in EDAC Technologies Corp. (Nasdaq: EDAC), a Farmington, Conn.-based maker of jet engine components, tools, fixtures, injection molds and spindles. Resilience said that it may choose to increase its stake, but did not mention any takeover attempts.
Rite Ventures, a Swedish private equity firm has acquired Frank Dandy Superwear, a bankrupt maker of men’s underwear.
Riverside Partners has sponsored a recapitalization of IZI Medical Products, a Baltimore-based provider of medical markers used in image-guided surgery, radiology and radiation therapy. No financial terms were disclosed for the deal, which was done in partnership with company management.
Spectrum Equity Investors and Bain Capital Ventures have agreed to acquire a majority interest in SurveyMonkey, a Portland, Ore.-based provider of online survey solutions. No pricing terms were disclosed for the deal, which included leveraged financing from Bank of America, CIT and NewStar Financial. Dave Goldberg will take over as CEO, after having spent the past two years as an entrepreneur-in-residence with Benchmark Capital.
Swander Pace Capital has invested an undisclosed amount in Applegate Farms LLC, a brand of organic and antibiotic-free natural deli meats, hot dogs, sausage and bacon. The company was founded in 1987 by its current CEO, Stephen McDonnell.
Thoma Bravo has agreed to acquire Entrust (Nasdaq: ENTU), a Dallas–based company that secures digital identities and information for consumers, enterprises and governments. The deal’s total equity value is $114 million, with Entrust stockholders to receive $1.85 per share. Barclays Capital is advising Entrust, which may solicit alternative offers over the next 30 days.
TPG Capital has agreed to inject extra capital into UK chemicals group British Vita, as part of a debt-for-equity swap with the company’s lenders.
Unison Capital will have its tender offer for at least 33.4 percent of Japanese wig maker Aderans Holdings approved by the company’s board of directors, according to financial daily Nikkei.
Vandemoortele Group of Belgium will not have any private equity bidders in the final round of its auction for soya milk and yogurt maker Alpro Soya, after the financial firms were outbid by strategics.
VenGrowth Partners has acquired the assets of Roll-Tite Inc., a Canadian maker of retractable metal covers for flat-bed trailers. No financial terms were disclosed. VenGrowth had originally acquired Roll-Tite in 2007, but the company was placed into receivership this past February.
Vistar Corp., a foodservice distributor owned by The Blackstone Group and Wellspring Capital Management, has agreed to acquire the assets of Five Star Distributors Inc., a Chicago-based provider of vending and office coffee products in the Midwest region. No financial terms were disclosed.
Wind Point Partners has acquired Hearthside Food Solutions, a Grand Rapids, Mich.-based contract manufacturer of specialty food products. No financial terms were disclosed.