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Exits

Brockway Moran & Partners has agreed to sell Tri-Star Electronics International to Carlisle Cos. in a cash merger valued at $285 million. The deal is subject to customary closing conditions but expected to close by Dec. 31. El Segundo, Calif.-based Tri-Star supplies electronic interconnect components for commercial aerospace, defense and industrial customers. Carlyle Cos. said the deal is expected to be accretive in the first year. SunTrust Robinson Humphrey provided financial advice to Carlisle.

Brookstone Holdings

has agreed to sell Lancaster, Pa-based National Pretzel Co. to North American food company ConAgra Foods. Financial terms of the transaction were not disclosed.Casino operator Caesars Entertainment Corp. has revived its plans to go public, nearly a year after scrapping them, pointing to improving prospects for companies looking to tap equity markets. Caesars, one of the largest casino operators in the United States and owner of the famed Caesars Palace, has ducked in and out of the public markets a number of times, under different owners. However, its last $500 million attempt to list fell flat as the high debt load from its $31 billion leveraged buyout by Apollo Global Management and TPG Capital spooked investors.

The Carlyle Group

has sold part of its stake in CoreSite Realty Corp., a U.S. provider of network-rich data centers, to Citigroup as sole underwriter in connection with the offering. Upon completion of the offering, investment funds affiliated with The Carlyle Group will continue to hold 25.3 million partnership units.

The Carlyle Group has sold part of its stake in Triumph Group to Morgan Stanley, acting as underwriter for the offering. Upon completion of the offering, investment funds and other entities associated with The Carlyle Group will own approximately 9.5 percent of the common stock of Triumph Group.

Catterton Partners has put YoCrunch up for sale, sources told peHub. Houlihan Lokey is advising on the process, the persons said. Greenwich, Conn.-based Catterton decided to talk to a limited number of parties after receiving inquiries from strategics about YoCrunch, a person said. However, the process is limited to strategics, the source said.

Auditors of Australian television network Nine Entertainment Co. have warned that its owner, private equity firm CVC Asia Pacific, may be forced to sell assets to help service A$3.6 billion ($3.7 billion) in debt, Reuters reported, citing the Australian Financial Review. The newspaper reported that the accountants Ernst & Young said there were doubts about Nine’s ability to continue as a going concern unless it was able to repay or renegotiate A$975 million of debt due in 2014, Reuters wrote.

Fireman Capital Partners

has sold its portfolio company Evolution Fresh Inc. to Starbucks Corp. Media reports valued the deal at around $30 million. Fireman Capital is a Boston-based, consumer-focused buyout firm. San Bernardino, Calif.-based Evolution Fresh, a juice company, was formed in 1993.

Hanover Partners has sold its Handi Quilter Inc. to a mid-market private equity firm in New York. Specifics of the deal were not publicized. High Road Capital was the buyer. Hanover is exiting its acquisition after buying it in 2008; Tuckerman Capital and the private equity firm generated a 2x gross cash on cash return and a 34 percent IRR.

H.I.G. Capital announced that it had completed the sale of Securus Technologies to Castle Harlan. Terms of the deal, which closed at the end of May, were not released. Securus, based in Dallas, was formed by H.I.G. in September 2004 through the merger of Evercom Systems and T-Netix. The company provides detainee communications and information management technology for correctional facilities.

Highstar Capital is exploring the sale of water and wastewater company Utilities Inc., whose value is seen at about $500 million, Reuters wrote. New York-based Highstar acquired Utilities Inc. from Dutch utility Nuon in April 2006.

Metalmark Capital has sold Tegrant Corp., a provider of highly engineered protective, temperature-assured and retail security packaging solutions, to Sonoco, a global packaging company, for $550 million.

MoneyGram International announced a secondary offering where stockholders Thomas H. Lee and Goldman Sachs are offering 11.25 million shares. Underwriters on the deal also have an option to buy an additional 1.7 million shares. Morgan Stanley, Goldman and BofA Merrill Lynch are joint bookrunners on the deal.

PBF Energy Inc., Blackstone Group and First Reserve Corp., has filed with regulators to raised up to $100 million in an initial public offering. The company, based in Parsippany, N.J., is a petroleum refiner. Citigroup, Morgan Stanley, Credit Suisse and Deutsche Bank Securities are underwriting the IPO, Reuters said.

Permira is selling 6.4 percent stake in Hugo Boss, Reuters reported. The firm said the planned sale was not part of a plan to exit the fashion company. The Red & Black holding company, controlled by Permira, intends to sell 4.5 million preference shares in Hugo Boss via an accelerated bookbuild process, Reuters wrote.

Platinum Equity will sell the San Diego Union-Tribune newspaper to MLIM LLC for an undisclosed amount, the firm announced. MLIM is owned by San Diego entrepreneur Doug Manchester. The deal was expected to close Dec. 15. No terms were released. Platinum Equity is being advised by Evercore Partners on the sale of the Union-Tribune and MLIM is being advised by Roth Capital Partners.

RegionalCare Hospital Partners has completed its merger with Essent Healthcare. Terms of the deal were not released. The combined company, which operates under the RegionalCare name, now owns seven hospitals across six states. Essent is backed by Vestar Capital Partners and Cressey & Co.The Riverside Company has dealt its Media Source, a children’s literature specialist, the firm announced. It is Riverside’s fifth exit of 2011. The firm struck deals to acquire The Horn Book Inc. in Massachusetts and titles from Reed Business Information after making the acquisition of Media Source in 2007. Specifics on the transaction were not publicized.

TPH Partners has sold substantially all of the assets of Midland, Texas-based portfolio company Storm Peak Energy to a private company that it did not identify. Storm Peak owns oil properties in Culberson County, Texas. Lantana Oil & Gas Partners Inc. and Kelly Hart & Hallman LLP advised Storm Peak on the asset sale. Details of the sale were not released.

Vantiv Inc., a payment processor, has filed to raised up to $100 million in an initial public offering, Reuters reported. The company, owned by Fifth Third Bancorp and buyout firm Advent International, said it planned to list on the New York Stock Exchange or Nasdaq.

Vestar Capital Partners is considering a sale of Solo Cup Co. after interviewing banks several months ago, sources familiar with the situation told Reuters. Goldman Sachs has been hired to advise on the process, one of the sources said.Warburg Pincus will sell MLM Information Services, the tax management and compliance services firm, to Corporation Service Co., the business consulting and solutions company. CSC did not disclose a purchase price. Wells Fargo Securities acted as financial adviser to CSC, and Skadden, Arps, Slate, Meagher & Flom LLP provided legal advice. Willkie Farr & Gallagher LLP provided legal advice to Warburg Pincus and MLM Information Services.