3i Group reportedly is looking to sell Mayborn, a British baby bottle maker, for more than £200 million. 3i acquired the company in 2006 for £137 million, and has hired Hawkpoint to manage the sale process.
Advent International reportedly is planning to sell German clothing chain Takko Fashion, in a deal that could be valued at around €1.25 billion. An IPO is also possible.
Avago Technologies said that it has withdrawn a secondary public offering of 24.84 million ordinary shares, due to “adverse market conditions.” Avago shareholders include KKR and Silver Lake Partners.
Cardtronics Inc., a Houston, Texas-based operator and distributor of ATM machines, has priced a secondary public offering of 7 million common shares at $14 per share. Sellers included TA Associates and CapStreet Group LLC, both of which retained shares post-transaction.
The Carlyle Group reportedly has put children’s car-seat maker Britax Childcare up for sale. Carlyle paid £230 million for the company in 2005, and has hired Rothschild to manage the process.
Dubai International Capital reportedly may put UK-based Alliance Medical up for sale if talks over an emergency cash infusion fail. The new money is required before September 16, which is when a standstill agreement with lenders expires.
ExamWorks Group Inc., an Atlanta-based provider of medical legal services, has filed for a $172.5 million IPO. It plans to trade on the NYSE under ticker symbol EXAM, with Goldman Sachs and Credit Suisse serving as co-lead underwriters. Shareholders include Compass Partners.
ISS, a Dutch cleaning services company backed by EQT Partners and GS Capital Partners, is planning a multi-billion euro IPO.
Lone Star Funds reportedly has indefinitely suspended its plan to sell a majority stake in Korea Exchange Bank for an estimated $4 billion.
Medco Health Solutions Inc. has agreed to acquire United BioSource, a Bethesda, Md.-based scientific and medical affairs organization. The all-cash deal is valued at around $730 million. United BioSource has raised more than $275 million in equity funding, from Berkshire Partners, Grotech Capital Group, J.H. Whitney and New Enterprise Associates.
Nautic Partners and Norwest Equity Partners have agreed to sell Gaymar Industries, a maker of support surface and pressure ulcer management solutions, to Stryker Corp. The deal is valued at approximately $150 million in cash.
Nielsen, the world’s largest TV and consumer measurement company, has increased the amount it hopes to raise in its IPO to $2.01 billion from $1.75 billion. Backers include Carlyle Group, Blackstone Group, KKR, THL Partners, AlpInvest Partners and Hellman & Friedman.
New Century Transportation Inc., a Westampton, N.J.-based motor carrier, has filed for a $120 million IPO. It plans to trade on the Nasdaq, with Wells Fargo Securities and Stifel Nicolaus Weisel serving as co-lead underwriters. The company reported a net loss of $5.14 million for 2009, on $229 million in revenue. Shareholders include Jefferies Capital Partners.
has agreed to sell Secode AB, a provider of managed security and security consulting services, to NTT Communications Corp., a unit of Nippon Telephone and Telegraph Corp. No financial terms were disclosed.
Pacific Equity Partners
has hired Morgan Stanley and Greenhill Caliburn to advise on strategic options for New Zealand poultry producer Tegal Foods. A sale could be worth more than $530 million.
Pandora Jewelry LLC
, a Copenhagen-based maker of jewelry, is being prepped for an initial public offering. The flotation plans are likely to be unveiled within weeks, investment banking sources close to the matter said. Axcel Industriinvestor AS, which holds 59.3 percent of the company, told Reuters: “We never really comment on our plans for exiting” from an investment.
Polaris Capital Group and Daiwa Corporate Investment will be selling vegetable juice maker Q’sai Co. for about $421 million. The business had piqued the interest of several buyout shops, including Carlyle Group, Unison Capital and CVC Capital, sources familiar with the situation told Reuters. Daiwa Corporate Investment and Polaris Capital bought Q’sai in 2006 for about ¥60 billion.
Refresco Holding BV, a portfolio company of 3i Group, has agreed to acquire Soft Drinks International, a German maker of soft drinks and bottled waters. No financial terms were disclosed.
The Riverside Co. has sold Commonwealth Laminating & Coating Inc. to an “undisclosed group of investors.” No financial terms were disclosed, although Riverside said the deal produced a 10x cash-on-cash return. CLC is a Virginia-based maker and distributor of window film used for solar protection, aesthetics and security.
Ratos AB is looking to sell Bisnode, a business information company that operates Dun & Bradstreet branded credit-checking businesses in 10 European companies. J.P. Morgan Chase is managing the process.
So-Net, the Internet unit of Sony Corp., reportedly is offering to buy Taiwanese cable company Gala TV from MBK Partners for around $188 million.
Trilantic Capital Partners
is looking to sell Phoenix Brands, maker of detergents like Fab and Ajax, according to Bloomberg. Barclays Capital will manage the process.
Unique Investment Corp., an Anaheim, Calif.-based investment group that has been building a consortium of manufacturing companies over the past five years, has agreed to sell portfolio company Diamond Wireless to Glentel Inc., for around $50.5 million. Diamond Wireless is a Verizon Wireless retailer in the Western and Southern U.S. Harris Williams & Co. managed the sale process.
Warburg Pincus is planning to raise up to $113 million via a sale of shares in Chinese department store operator Intime Department Store Group, according to Dow Jones. The deal would reduce Warburg Pincus’ stake from 15.8 percent to 10.1 percent.