Private Exits

Allied Capital has agreed to sell its majority equity interest in Healthy Pet Corp. to VCA Antech Inc. (Nasdaq: WOOF). The deal values HPC at approximately $153 million, and is expected to close later this quarter. HPC is a Shelton, Conn.-based operator of veterinary hospitals, and received its first backing from Allied Capital in 2005.

Apax Partners has sold Crane Telecommunications Group Ltd. to Westcon, a subsidiary of Datatec Ltd. No financial terms were disclosed. Crane is a U.K.-based distributor of voice, data and converged communications solutions. It was advised on the sale by Corum Group.

Arsenal Capital has retained JPMorgan to help it sell specialty chemical company Vertellus Specialties Inc., according to LBO Wire. Arsenal formed Indianapolis-based Vertellus last July via the merger of Reilly Industries and Rutherford Chemicals.

Boulder Specialty Brands Inc. (OTC BB: BDSBU) has completed its acquisition of GFA Brands Inc., provider of heart-healthy food products, for approximately $465 million in cash. Sellers include TSG Consumer Partners, which acquired a stake in GFA over two years ago.

The Carlyle Group has put Insight Communications Co. on the block little more than a year after taking the cable operator private for $2.1 billion. Morgan Stanley and Waller Capital have been retained to manage the process.

Deltek Systems Inc., a Herndon, Va.–based provider of enterprise management software, has acquired Applied Integration Management, an Irvine, Calif.-based provider of consulting services based on earned value management solutions. No financial terms were disclosed. Deltek is controlled by New Mountain Capital, while AIM was advised on the sale by Software Equity Group.

Emap PLC has agreed to acquire GroundSure, a U.K.-based provider of environmental due diligence, from shareholders like Metropolitan Venture Partners. The deal is valued at up to £44 million, including an initial £30 million cash payment and up to £14 million in earn-outs over the next two years.

Hermes Private Equity has sold independent fiduciary services company Walbrook Group Ltd. to Barclays Bank. No financial terms were disclosed. Hermes sponsored a management buyout of Walbrook from Deloitte in December 2003. In January 2006, Walbrook also acquired the Deloittes office in Hong Kong. Hermes was advised on the sale by KPMG and SJ Berwin.

KKR has agreed to sell Cleanaway Holdings Ltd., a provider of waste management services in Australia, New Zealand and Taiwan, to Transpacific Industries Group Ltd. for Au$1.25 billion. KKR will retain the BIS Cleanaway logistics business. KKR originally acquired the entire company last year for Au$1.83 billion, around Au$1 billion of which was for the assets currently being sold.

Kohler Co.‘s Global Power Group has agreed to acquire Italian engine maker Lombardini Srl from a fund managed by BC Partners. No financial terms were disclosed.

Medical Staffing Network Holdings Inc. (NYSE: MRN) has agreed to acquire InteliStaf Holdings Inc. from The Carlyle Group for $92 million in cash. InteliStaf is an Oakbrook Terrace, Ill.-based health-care staffing company. Carlyle Group acquired a majority stake in 2000, and bought out minority shareholder RehabCare Group last year.

Parallax Capital Partners has completed its sale of MultiGen Paradigm Inc. to CAE (NYSE: CGT) for $16 million. MultiGen is a Richardson, Texas-based provider of real-time, commercial-off-the-shelf software for creating and visualizing simulation solutions.

Prestbury has agreed to acquire a portfolio of 21 private hospitals across the U.K. from Capio AB, a portfolio company of Apax Partners and Nordic Capital. The portfolio is valued at £686 million, with the properties to be leased back to the U.K. parent on new 30-year leases with annual fixed uplifts at an initial rent of £39.5 million.

Saratoga Partners has agreed to sell Data Return LLC to Terremark Worldwide Inc. (Nasdaq: TMRK) for $85 million. Saratoga Partners had acquired Data Return in June 2003 from Divine Inc. for $28 million, in a bankruptcy auction. Data Return is an Irving, Texas-based provider of managed services for large and complex websites. Lane Berry advised Saratoga on the sale.

Sonoco (NYSE: SON) has agreed to acquire Matrix Packaging from Tricor Pacific Capital and the company founders, for approximately $210 million. The deal is expected to close by the end of June. Matrix Packaging is a Mississauga, Ontario-based manufacturer of custom-designed blow-molded rigid plastic containers and injected-molded products. It was advised on the sale by BMO Capital Markets.

Vector International has agreed to acquire Icarus, a Belgium-based maker of piping and valves for extreme environments and service conditions. No financial terms were disclosed. Sellers include HitecVision Private Equity and Verdane Capital.

Visant Corp. has completed its sale of book printer Von Hoffman to RR Donnelley & Sons Co. (NYSE: RRD) for $412.5 million in cash. Visant (a.k.a. Jostens) is owned by KKR and DLJ Merchant Banking Partners.