Done deals, week ended April 23

Anchor Drilling Fluids USA Inc.

Acquirer: Castle Harlan Inc.

Rank Value: $250M

Target Description: Makes drilling fluids, and provides freshwater and production water transport services.

Notes: The acquisition was a leveraged buyout transaction.

Nike Bauer Hockey USA Inc.

Acquirer: Investment group

Rank Value: $200M

Target Description: Makes ice and roller hockey equipment and apparel.

Notes: The investor group consists of Kohlberg Kravis Roberts & Co and W Graeme Roustan, which acquired Nike Bauer Hockey from Nike Inc.

Newnan Utilities’ cable assets

Acquirer: Halyard Capital

Rank Value: $70M

Target Description: Municipal-owned utility.

Notes: The acquisition was a leveraged buyout transaction. Halyard, a New York-based private equity firm, bought the cable assets in partnership with cable veteran John Brooks.

Mullen Crane & Transport Inc.

Acquirer: Northwest Capital Appreciation

Rank Value: NA

Target Description: Provides construction services to the energy, chemical and petrochemical industries.

CATV Tekov sro

Acquirer: Advent International

Rank Value: NA

Target Description: Provides cable television services

Remesas Quisqueyana Inc.

Acquirer: Investment group

Rank Value: NA

Target Description: Operates Hispanic-focused electronic fund transfer services.

Notes: Palladium Equity Partners led the investment group, which also included Baird Venture Partners, Adams Street Partners and Sewanee Ventures. The acquisition was a leveraged buyout transaction.

HerbThyme Farms Inc.

Acquirer: GreenLine Foods Inc.

Rank Value: NA

Target Description: Produces culinary herbs and spices.

Notes: GreenLine is a unit of the Riverside Co.

Entretien de Voies Ferrees Coyle Inc.

Acquirer: Wind Point Partners

Rank Value: NA

Target Description: Makes railway tracks.

Instill Corp.

Acquirer: iTradeNetwork Inc.

Rank Value: NA

Target Description: Provides procurement and data analysis software and services for the foodservice industry.

Notes: The deal was partially financed by Accel-KKR, which recently acquired a majority equity stake in iTradeNetwork. Instill previously raised $90M in venture backing (see Exit Watch, page 7).

Source: Compiled by Eamon Beltran from Thomson Reuters data.