Amadeus Global Travel said that it will move forward with plans to go public by June, via a €910 million IPO. The travel reservations company is controlled by BC Partners and Cinven, which have a combined 52.8 percent ownership stake.
Ameresco Inc., a Framingham, Mass.-based provider of energy efficiency solutions in North America, has filed for a $150 million IPO. Shareholders include Cross Harbor Capital Partners.
Astorg Partners has agreed to sell French drilling analysis firm Geoservices for just over $1 billion, to oilfield services company Schlumberger Ltd. (NYSE: SLB).
Brantley Partners has completed its sale of Best Brands Corp., a Minnetonka, Minn.-based bakery manufacturer, to CSM Bakery Supplies North America. The deal was valued at $510 million in cash.
Brenntag Holding, a German chemical distributor, has covered its €800 million IPO. The German company is selling 10.5 million new shares, while BC Partners, Bain Capital and company management are selling a combined 4.45 million shares.
Carlyle Group has agreed to sell Dallas-based aero-structure maker Vought Aircraft Industries to Triumph Group Inc. (NYSE: TGI), for $1.44 billion. The deal includes $525 million in cash and around 7.5 million in Triumph shares.
Catterton Partners has agreed to sell Liberty Safe and Security Products Inc., a Payson, Utah-based gun manufacturer, to Compass Diversified Holdings. The deal is valued at approximately $70 million. Baird managed the sell-side process.
Energy and Power Solutions Inc., a Costa Mesa, Calif.-based provider of energy efficiency solutions to the industrial market, has filed for a $25 million IPO. No underwriters are listed. The company reported around $12 million in 2009 revenue compared to more than $17 million in 2008. Shareholders include NGEN Partners, SAM Private Equity and Altira Group.
Friend Skoler & Co. has sold Accessories Marketing Inc. to Illinois Tool Works Inc. (NYSE: ITW) for an undisclosed amount. Accessories Marketing is a Grover Beach, Calif.-based maker and marketer of Slime branded products for the tire care solutions market.
Energy Investors Funds has sold the Glen Park Hydroelectric Project to Fort Chicago Energy Partners for $80.1 million. Glen Park is a 33-megawatt hydroelectric generation facility near Watertown, N.Y.
Higher One Holdings Inc., a New Haven, Conn.-based provider of technology and payment services to the higher education industry, has filed for a $100 million IPO. It plans to trade on the Nasdaq, with Goldman Sachs serving as lead underwriter. Lightyear Capital holds a 32 percent pre-IPO stake in the company.
HM Capital Partners has agreed to sell Canadian local search and directories publisher Canpages to Yellow Media, a subsidiary of Yellow Pages Income Fund. The C$255 million deal includes C$75 million in cash and C$150 million in mandatory exchangeable promissory notes of Yellow Media.
Milestone Partners has agreed to sell Interconnect Devices Inc., a provider of provider of spring contact probe-based technologies, to a division of Smiths Group PLC. The deal is valued at $185 million in cash, and is expected to close next month.
Nautic Partners has agreed to sell Medegen, a Scottsdale, Ariz.-based developer of infusion therapy solutions, to CareFusion Corp. (NYSE: CFN). The deal is valued at $225 million in cash.
New Mountain Capital has completed its acquisition of RedPrairie Holding Inc., a Waukesha, Wis.-based provider of inventory, warehouse, transportation and workforce management systems. The seller was Francisco Partners, which acquired 89.7 percent of the company in 2005. RedPrairie had been in registration for a $172.5 million IPO, but has since withdrawn the filing.
Nokia (NYSE: NOK) has agreed to acquire Novarra Inc., an Itasca, Ill.-based provider of mobile Internet browsing software. No financial terms were disclosed. Novarra is backed by JK&B Capital, Qualcomm, Fort Washington Capital Partners, Kettle Partners and Colorado Investment Securities.
NXP, a Dutch semiconductor company, is considering an IPO that could raise upwards of $1 billion, according to Bloomberg. NXP was carved out of Philips Electronics in 2006 by KKR, Silver Lake Partners, Bain Capital, Apax Partners and AlpInvest Partners.
Omninet Capital has completed its $200 million sale of PWP Industries, a manufacturer of amorphous polyethylene terephthalate disposable products, to Pactiv Corp. (NYSE: PTV).
PAI Partners is expected to pick Credit Suisse, J.P. Morgan and Morgan Stanley to handle a $1 billion IPO for Danish bioscience company Chr.Hansen.
PNC Equity Partners has sold Tangent Rail Corp., a provider of wood crosstie supply chain services to the railroad industry, to Stella-Jones Inc. (TSX: SJ). The deal was valued at approximately $165 million.
SeaCube Container Leasing Co., a Park Ridge, N.J.-based container leasing company, has filed for a $165 million IPO. It plans to trade on the NYSE under ticker symbol SC, with Citi, J.P. Morgan, Deutsche Bank and Wells Fargo serving as co-lead underwriters. The company reported $142 million in 2009 revenue, compared to $239 million in 2008. SeaCube is a subsidiary of SeaCastle, a Fortress Investment Group portfolio company that canceled its own IPO last May.
SS&C Technologies Inc., a Windsor, Conn.-based financial management software company owned by The Carlyle Group, raised around $160 million in its IPO. The company priced nearly 10.73 million shares at $15 per share, the high end of its offering range. This represented a scaled-back version of SS&C’s original plans, as it had filed last December to raise $300 million. It had previously filed for, and withdrawn, a $200 million offering. SS&C will trade on the Nasdaq under ticker symbol SSNC, with J.P. Morgan serving as lead underwriter. The Carlyle Group did not sell any shares in the offering, and now holds a 62.8 percent ownership stake. The company reported 2009 revenue of $270.9 million, which was off 3 percent from 2008. Net income for 2009 was $19 million, up slightly from $18.8 million in 2008.
SunPower Corp. (Nasdaq: SPWRA) has completed its acquisition of SunRay Renewable Energy, a Malta-based developer of European solar energy projects. The deal was valued at approximately $277 million, including $235 million in cash and $42 million in a letter of credit and promissory notes. Last year, SunRay received a $200 million equity commitment from Denham Capital Management.
TPG has entered exclusive talks to buy packaging firm Nordenia International from Oaktree Capital. The deal could be valued at upwards of €600 million.
Water Street Healthcare Partners has completed its sale of gastrodiagnostic device company Sierra Scientific Instruments to Given Imaging Ltd. (Nasdaq: GIVN). The deal was valued at $35 million in cash.