Done deals, March 24, 2008

Clear Channel Communications Inc.

Acquirer: Providence Equity Partners

Rank Value: $1.2B

Target Description: Owns and operates radio and television broadcasting stations and outdoor advertising billboards.

Notes: Providence acquired the Television Group of Clear Channel. The transaction, which included 56 television stations and digital multicast stations.

AMIS Holdings Inc.

Acquirer: ON Semiconductor Corp.

Rank Value: $1.1B

Target Description: Makes integrated mixed-signal semiconductor products.

Notes: ON Semiconductor Corp., a unit of TPG Capital, acquired AMIS in a stock swap transaction valued at $906.4M. ON Semiconductor was to own 74% and AMIS Holdings was to own 26 percent of the combined entity.


Acquirer: Morgenthaler Partners

Rank Value: NA

Target Description: Makes precision rotary tools for the printing and converting industries such as labels, stickers, and folding cartons and other applications that require precision converting.

Notes: Morgenthaler Partners acquired the company in a leveraged buyout transaction.

International Fitness Inc.

Acquirer: North Castle Partners

Rank Value: NA

Target Description: Owns and operates fitness clubs in Alberta, Canada.

Notes: North Castle Partners acquired the company, d.b.a. World Health Club, in a leveraged buyout transaction.

Etiprak SA and Etiquetas Industriales Ltda.

Acquirer: York Label

Rank Value: NA

Target Description: Both target companies make pressure sensitive labels for the wine industry.

Notes: York Label acquired Etiprak through its Cameo-Marinetti joint venture, and bought a 50% interest in Etiquetas Industriales Ltda., both located in Santiago, Chile.