Private Exits

Galen Partners and Arena Capital Partners have sold EduNeering Holdings Inc. to Kaplan Inc. for an undisclosed amount. EduNeering is a Princeton, N.J.–based provider of technology-enabled knowledge solutions for improving business performance and assuring regulatory compliance. Robert W. Baird & Co. advised EduNeering on the sale.

Veronis Suhler Stevenson has agreed to sell its majority stake in German newspaper and online media publisher BV Deutsche Zeitungsholding to Mecom Group PLC for approximately €160 million.

Meggitt PLC (LSE: MGGT.L) has agreed to acquire aerospace partners maker K&F Industries Holdings Inc. (NYSE: KFI) for $27 per share. The deal represents and exit for Aurora Capital Group, which acquired K&F in 2004 and which still holds a 36 percent of K&F’s outstanding shares (along with certain of its cosponsors).

(TSX: XTX) has completed its $108 million cash acquisition of Elgar Electronics Corp. from J.F. Lehman & Co. Elgar is a San Diego-based provider of programmable power products and systems.