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Market At A Glance

Buyout and mezzanine shops in the U.S. have collected $8.5 billion in commitments in 2012. The latest tally includes efforts by Thompson Street Capital Partners to close its third buyout fund.

The St. Louis, Mo.-based shop secured $350 million for Thompson Street Capital Partners III LP. Investors in the latest vehicle were primarily from investors of the firm’s second fund. The firm is focused on making investment in manufacturing, distribution and service companies in the middle market. Its platform companies typically have EBITDA of $3 million to $15 million.

On the Deals Front

Thomson Reuters, the publisher of Buyouts, tracked 28 transactions involving U.S.-based financial sponsors from Jan. 23 to Feb. 8. Seven reported financial terms and combined for roughly $3 billion. Year-to-date deal volume climbed to about $4.5 billion.

Hellman & Friedman LLC took part in the latest period’s top deal. Its Datatel Inc. subsidiary merged with SunGard Higher Education Inc., a Malvern, Pa.-based provider of information technology and educational services. The transaction had a rank value of about $1.78 billion. The combined business, which will be renamed Datatel+SGHE, will serve 2,300 colleges, universities and foundations in 40 countries.

By Eamon Beltran