ActivStyle, a Riverside Co. portfolio company focused on incontinence products, has acquired Advocate Medical Services, a provider of incontinence products in Florida and Texas. No financial terms were disclosed.
Advantage Partners and Softbank Corp. are mulling the acquisition of stakes in wireless telecom company Willcom Inc., which is 60 percent owned by The Carlyle Group. Willcom has been in talks to restructure its debt.
Ares Management and the Ontario Teachers’ Pension Plan have completed their acquisition of Simmons Bedding Co., via a pre-packaged restructuring plan. The mattress maker had been acquired for $1.1 billion by THL Partners in 2003, but filed for Chapter 11 bankruptcy protection last fall. Simmons now has about $450 million in outstanding debt, compared to about $1 billion last September.
Atlanta Equity has acquired Consumer Financial Services LLC, a Southport, Conn.-based provider of delinquent secured accounts receivable resolution services. No pricing terms were disclosed for the deal, which included financing from Branch Banking and Trust Co. and Peachtree Equity Partners.
Atrium Cos., a Dallas-based maker of windows and patio doors, has filed for Chapter 11 bankruptcy protection. It has agreed to a reorganization plan that would include $125 million in new equity funding from Kenner & Co. and Golden Gate Capital.
Bain Capital has agreed to acquire the Japan franchisee of Domino’s Pizza from Higa Industries Co. at an enterprise value of approximately $66 million.
Baird Capital Partners has formed American Auto Auction Group LLC, as an acquisition platform focused on the whole-car auction market. Its first two portfolio additions are Charleston Auto Auction of Moncks Corner, S.C., and Rea Brothers Mid-South Auto Auction of Pearl, Miss. No financial terms were disclosed.
BC Partners has dropped out of the auction for U.K. discount retailer Matalan, which is being shopped with an asking price of approximately $2.5 billion. This follows an earlier withdrawal by Blackstone Group. Remaining suitors include Warburg Pincus, TPG and Advent International.
Blackstone Group, via GSO Capital Partners, has agreed to take over management of nine leveraged loan and high-yield bond funds from Allied Capital Corp. The funds have assets of $3.2 billion, and are currently managed by Allied portfolio company Callidus.
Cardinal Agri-Logistics, an acquisition platform sponsored by Huron Capital Partners, has acquired Landes Trucking Inc., a Jacksonville, Ill.-based provider of transportation and logistics services to agricultural processing companies and food manufacturers. Huron committed $20 million to the deal.
Caprion Proteomics Inc., a provider of proteomics-based services to the pharmaceutical and biotech industries, has acquired the biomarker services unit of PPD Inc. (Nasdaq: PPDI). No financial terms were disclosed. Caprion Proteomics is a portfolio company of Great Point Partners.
Carlyle Group is among those expected to submit final bids for South Korean convenience store chain Buy the Way. The deal is expected to generate at least $223 million for seller Unitas Capital, with other bidders to include Japanese retailer Ministop and South Korea’s Lotte Group.
Castle Harlan has agreed to acquire 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 will retain a minority position. As part of the deal, Pretium Packaging will acquire the parent of Novapak Corp. from Kirtland Capital Partners. The total transaction is valued at $200 million.
CSIdentity, an Austin, Texas-based provider of identity theft and fraud protection solutions, has raised $35 million in funding from Investcorp Technology Partners.
CVC Capital Partners has agreed to acquire a 90.76 percent stake in Indonesian retailer Matahari Putra Prime for approximately $773 million.
Evriholder Products, a branded house-wares portfolio company of CID Capital, has acquired licensed house-wares company A. Aronson Inc. No financial terms were disclosed.
Gambro, a portfolio company of private equity firm Bridgepoint, has acquired CHF Solutions Inc., a Brooklyn Park, Minn.-based maker of ultrafiltration devices to treat fluid overload. No financial terms were disclosed.
Global Mart Ltd. is selling its majority stakes in two Chinese supermarkets, in a deal expected to fetch around $73 million. Bidders include Standard Chartered Private Equity and Chinese conglomerate Fosun Group.
Health and Safety Institute, an acquisition platform sponsored by The Riverside Company, has acquired EMP Canada Services Inc., a provider of CPR, EMT and occupational safety training materials and training programs. No financial terms were disclosed.
H.I.G. Capital has completed its acquisition of Allion Healthcare Inc. (Nasdaq: ALLI) for $278 million, including the assumption or repayment of $79 million of indebtedness. The $6.60 per share sale price represented a 21.32 percent premium over Allion’s closing price prior to the original deal announcement. Allion provides pharmacy and disease management services focused on HIV/AIDS patients, as wll as specialized biopharma medications and services to chronically ill patients.
H.I.G. Capital has sponsored a recapitalization of TRAKAmerica, a Naples, Fla.-based provider of accounts receivable management services to consumer credit originators and debt buyers. No financial terms were disclosed for the deal, which will result in TRAKAmerica becoming part of an H.I.G. acquisition platform called Reprise Management Group. Greenberg Advisors advised H.I.G. and Reprise on the deal.
Interactive Data Corp. (NYSE: IDC), a provider of financial markets data, reportedly has approached potential buyers. The company is 62 percent owned by U.K. publisher Pearson.
Kabel Deutschland is picking banks for an IPO that could raise at least €1 billion. Providence Equity Partners owns an 88 percent stake in the German cable operator, while the Ontario Teachers’ Pension Plan owns an 8 percent stake.
KKR and Hellman & Friedman have partnered on a bid for Siemens AG’s hearing aids unit, which also is being pursued by Bain Capital, Cinven and Permira. The deal is expected to fetch more than €2 billion.
Leonard Green & Partners has invested $250 million into AerSale, a Coral Gables, Fla.-based provider of aftermarket aircraft, engines and components. Imperial Capital advised AerSale on the deal.
Lone Star Funds has agreed to acquire hotel owner and operator Lodgian Inc. (NYSE: LGN), for approximately $270 million (including assumed debt). Under terms of the agreement, Lodgian stockholders would receive $2.50 per share.
Mid Europa Partners has completed its tender offer to acquire all outstanding ordinary shares of Invitel Holdings AS (AMEX: IHO), a fixed-line telecom and broadband internet services provider in the Republic of Hungary. Mid Europa now holds 91.8 percent of the shares, and plans to acquire the remainder via separate transactions.
Motorola is reconsidering the auction of its set-top box unit, which has received first-round expressions of interest from Bain Capital, Blackstone Group, KKR, TPG, THL Partners and Silver Lake Partners. Second-round bids are due on Feb. 18.
NetWitness Corp., a Herndon, Va.-based provider of network forensic analysis products, has raised an undisclosed amount of growth equity funding from Summit Partners.
Oaktree Capital has agreed to acquire SGD, a French maker of specialty glass packaging in the perfumery, cosmetic and pharmaceutical products industry. No financial terms were disclosed.
Ontario Teachers’ Pension Plan reportedly is nearing a deal to acquire Acorn Education and Care Ltd., a U.K. operator of educational facilities for children with special needs, from Phoenix Equity Partners.
Protective Products of America, a Sunrise, Fla.-based maker of bulletproof vests and body armor, has filed for Chapter 11 bankruptcy protection. The company also said that it has agreed to sell most of its assets to Sun Capital Partners for around $8 million.
Prudential Financial has short-listed CVC, MBK Partners, KB Financial Group, Macquarie and Hanwha Securities as potential buyers of its its two South Korean units. The deal is expected to garner just under $500 million. Deutsche Bank is managing the auction.
RiskMetrics Group Inc. (NYSE: RMG) has put itself up for sale. The risk advisory firm has retained Evercore Partners to manage the sale, which could be worth upwards of $1.3 billion.
Riverstone Holdings has completed its $207 million acquisition of Seajacks International, owner and operator of two U.K.-based vessels that can install offshore wind turbines.
RoadSafe Traffic Systems Inc., a Bensalem, Penn.-based provider of traffic safety services, has acquired CSW Safety Services, a Denver-based provider of temporary traffic control and protection and pavement marking services in the Rocky Mountain area. No financial terms were disclosed. RoadSafe is a portfolio company of Aperion Management and Falcon Investment Advisors.
Rosetta, a Hamilton, N.J.-based interactive marketing agency, has acquired health care marketing agency Wishbone. No financial terms were disclosed. Rosetta is a portfolio company of private equity firm Lindsay Goldberg LLC.
Sarnova, a distributor of health care products in the emergency medical services (EMS) and respiratory markets, has acquired CVC Inc., an Arlington, Texas-based provider of products to the acute care respiratory and emergency medical services markets. No financial terms were disclosed. Sarnova is a portfolio company of Water Street Healthcare Partners.
Tegra Medical, a portfolio company of Riverside Partners, has acquired CTW Inc., a Hernando, Miss.-based outsourced manufacturer for medical device OEMs with a particular focus on orthopedics. No financial terms were disclosed.
THL Credit has sponsored a recapitalization of Anytime Fitness, in partnership with the company’s founders. No financial terms were disclosed. Anytime Fitness is a fitness club franchisor with over 1,200 clubs and 800,000 members.
US LBM Holdings, a Green Bay, Wis.-based supplier of lumber and building materials, has acquired Universal Supply Co. from Stock Building Supply. No financial terms were disclosed. US LBM is a portfolio company of BlackEagle Partners and Building Industry Partners.
Vista Equity Partners has completed its $128 million acquisition of Intuit Real Estate Solutions from Intuit Inc. (Nasdaq: INTU).
Wilbur Ross said his firm is not considering a purchase of United Guaranty, the mortgage insurance unit of AIG. He is, however, interested in possibly partnering with Virgin Money on a bid for state-owned British bank Northern Rock.
Woodbury Products, an Oceanside, N.Y.-based maker of incontinence products, has acquired two companies: Continence Connection, a maker of products for those suffering from chronic incontinence, and DHP Home Delivery, a direct-to-consumer distributor of disposable health care products. No financial terms were disclosed. Woodbury is a portfolio company of HealthEdge Investment Partners.