Brenntag, a German chemicals distributor acquired by BC Partners in 2006, is planning to go public in the first half of this year, according to Reuters.
Denham Capital is in talks to sell Trinity Coal to India’s Essar Group, according to Reuters. No financial terms were reported.
HM Capital Partners has completed its sale of health foods company Sturm Foods to TreeHouse Foods Inc. (NYSE: THS), for $660 million. Sturm makes health drink mixes and sticks, instant oatmeal and hot cereals.
Kabel Deutschland, a German cable television provider, today filed for a €700 million IPO in Frankfurt. The company is 88 percent owned by Providence Equity Partners, 8 percent by Teachers’ Pension Plan and 4 percent by management.
Oasis Petroleum, a Houston, Texas-based oil and gas exploration company, has filed for a $350 million IPO. It plans to trade on the NYSE under ticker symbol OAS, with Morgan Stanley and UBS Investment Bank serving as co-lead underwriters. Oasis is a portfolio company on EnCap Investments.
Pacific Equity Partners, an Australian private equity firm, reportedly is considering a sale or IPO for its Hoyts cinema chain, which is believed to be valued at up to A$1 billion.
Promethean World, a U.K. maker of interactive white boards and associated software for the education market, has launched a London IPO designed to raise upwards of £224 million. Apax Partners holds a 25 percent stake in Promethean, and is selling shares worth between £72 million and £110 million.
Sensata Technologies Inc., an Attleboro, Mass.-based sensors and controls company, has set its IPO terms to 31.6 million common shares being offered at between $18 and $20 per share. It would have an initial market cap of approximately $3.42 billion, were it to price at the top of its offering range. Sensata is majority-owned by Bain Capital, based on a 2006 buyout from Texas Instruments.
TA Associates has sold Advisory Research Inc., an asset management firm focused on equity strategies, to Piper Jaffray Companies. The deal was valued at approximately $220 million, including $180 million in cash and nearly $40 million worth of Piper Jaffray stock.
Tower International, a Livonia, Mich.-based maker of engineered structural metal components and assemblies for auto OEMs, has filed for a $100 million IPO. Goldman Sachs and Citi are serving as co-lead underwriters. Tower International is owned by Cerberus Capital Management.