Posted on: June 18, 2013 by Reuters News
SunGard Data Systems Inc, the computer software maker that was taken private in 2005 for $11.4 billion, is exploring a sale of its data managing operations that could fetch up to $2 billion, sources told Reuters.
Posted on: June 18, 2013 by Steve Gelsi
The Valence Group’s Anton Ticktin, who’s been focused on mergers and acquisitions in the chemical sector since the late 1990s, ranks 2013’s deal prospects as bullish, with major private equity players wading in. “We have a very strong pipeline,” Ticktin said in a phone interview. “We think 2013 will remain pretty robust, maybe not at the peak of 2011, but certainly at a high level—maybe the same as 2012.”
Tags: Apollo, Bain, CBC, KKR, Permira, Rockwood, Valence Group
Posted on: June 18, 2013 by Luisa Beltran
Fort Dearborn Company, which is backed by KRG Capital Partners, has acquired AC Label. Financial terms weren’t announced. The deal includes St. Louis Litho and St. Louis Pressure Sensitive. AC Label supplies specialty cut & stack and pressure sensitive labels primarily for the beverage, nutraceutical and spirits markets.
Posted on: June 18, 2013 by Iris Dorbian
RTI Biologics, a provider of orthopedic and other biologic implants, said on Tuesday that it will buy Pioneer Surgical Technology from Beringea. Under terms of the merger agreement, RTI will pay $130 million in cash to acquire all outstanding stock of Pioneer. Based in Marquette, Michigan, Pioneer Surgical is a maker of products for the spine, biologics, orthopedics, and cardiothoracic markets.
Posted on: June 18, 2013 by Iris Dorbian
NTT, the global IT and telecommunications services company, has entered into an agreement to acquire Solutionary. No financial terms were disclosed. The transaction is expected to close in the third quarter of 2013. Based in Omaha, Nebraska, Solutionary, which was recapitalized by Clearlake Capital in 2011, is a provider of information security.
Posted on: June 18, 2013 by Iris Dorbian
Travelocity Global said on Tuesday that it has agreed to sell its Holiday Autos brand to CarTrawler. No financial terms were disclosed. CarTrawler, which was backed by ECI Partners, is a car rental solutions based in Dublin, Ireland.
Posted on: June 17, 2013 by Iris Dorbian
Van Gansewinkel Groep has sold AVR– Energy from Waste to a consortium led by Cheung Kong Infrastructure. No financial terms were disclosed. The transaction is expected to close in the third quarter of 2013. In this transaction, Credit Suisse acted as financial advisor to Van Gansewinkel Groep. AVR is a Dutch waste management company.
Posted on: June 17, 2013 by Iris Dorbian
Piper Jaffray Companies, an investment bank and asset management firm, said on Monday that it has agreed to acquire Edgeview Partners, L.P. No financial terms were disclosed. Based in Charlotte, N.C., Edgeview Partners providers merger and acquisition advisory services to middle market clients and private equity firms.
Posted on: June 17, 2013 by Reuters News
Telefonica said on Monday it had not received any indication of interest from AT&T, following a Spanish newspaper report that the government had halted a 70 billion-euro ($93 billion) offer from the U.S. company, Reuters reported.
Posted on: June 14, 2013 by Iris Dorbian
Nyloncraft, a technical plastics company that is owned by Techniplas Group, has acquired NYX Fort Wayne from NYX Inc. No financial terms were disclosed. Angle Advisors acted as the investment banking advisor to NYX for this transaction. Based in Fort Wayne, Indiana, NYX Fort Wayne is a producer of plastic fluid reservoirs and related components for under-the-hood vehicular applications.