CCC Backed by Leonard Green & Partners

Leonard Green & Partners is to acquire a controlling interest in CCC Information Services from Investcorp. CCC is a provider of advanced software and workflow tools to the insurance automotive claims and collision repair industries. Committed debt financing has been provided by certain affiliates of Goldman Sachs, including its principal mezzanine funds and J.P. Morgan.

Slideshow: U.S. M&A Remains Slow But Steady

In a surprise, the U.S. M&A market seems quite steady. There were 101 U.S. announced deals this week (Nov. 25 to Nov. 30), valued at $32.9 billion, according to data from Thomson Reuters. This compares to last year, when there were 82 U.S. announced mergers from Nov. 20 to Nov. 26 (the last full week of November), totaling about $24.5 billion.

Investcorp Sells Fleetpride to TPG for $1bn

Investcorp has completed the sale of US truck and trailer parts distributor FleetPride to TPG for over $1 billion. Since its acquisition of FleetPride in 2006, Investcorp has supported 31 different add-on acquisitions by the company, strengthening its cross-country supply chain and adding total acquired sales of over $270 million.

peHUB First Read

This morning find out about Secura’s new real estate venture capital fund; the pros and cons of enterprise investing and whether the Holy Land has what it takes to build a life sciences cluster.

Investcorp to Acquire Luxury Retailer Georg Jensen

Investcorp is to acquire Scandinavian luxury retailer Georg Jensen for $140 million from private equity group Axcel Capital Partners. As part of the transaction, Investcorp has teamed up with David Chu, a luxury brand entrepreneur and founder of Nautica, who will join the company on closing as chief creative director and co-chairman of the board.

Fleetpride sold in Secondary Buyout to TPG

FleetPride, a retailer of heavy-duty truck and trailer parts owned by Investcorp, is to be acquired by TPG. The transaction is expected to close in the fourth quarter of 2012. Terms were not disclosed.

sale

Investcorp Puts SourceMedia Up for Sale

Investcorp has put SourceMedia, which publishes American Banker and The Bond Buyer, up for sale. Jordan Edmiston is advising. Private equity is expected to dominate the auction, sources tell peHUB.

Cranston Rejoins Investcorp

David Cranston has rejoined international alternative asset manager Investcorp to as a managing director in the group’s hedge funds group. He previously held a similar role with the firm from 2005 through 2010.

Investcorp Buys Archway Marketing Services

Investcorp has acquired Rogers, Minnesota-based Archway Marketing Services, a provider of marketing logistics and fulfilment services in North America, for approximately $300 million. Archway was acquired from an investor group led by Tailwind Capital, Black Canyon Capital and members of the management team. PRESS RELEASE Investcorp, the alternative investments specialist, announced today its acquisition of […]

Investcorp Backs Texas Properties

Investcorp‘s US-based real estate arm has acquired an interest in a portfolio of four multifamily properties in Houston, Texas. Investcorp recapitalized the assets with current owner MHP Investments, which will retain an interest in the transaction. Affiliates of MHP currently own and manage approximately 6,000 units in Texas, Florida, and the Mid-Atlantic states. PRESS RELEASE […]

Berlin Packaging, Backed by Investcorp, Acquires Lerman Container

Berlin Packaging, a Chicago-based container and closures supplier has acquired Lerman Container of Naugatuck, Conn., for an undisclosed amount. Berlin Packaging, which is majority owned by Investcorp, an alternative investment management firm. Lerman marks the company’s third strategic acquisition since 2010, when it acquired Pittsburgh-based All-Pak and Chicago-based Continental Packaging Solutions. PRESS RELEASE: Berlin Packaging, a leading […]

Investcorp Acquires GL Education from VSS

Investcorp, a Bahraini alternative investment manager, has acquired UK-based education firm GL Education Group from Veronis Suhler Stevenson for an undisclosed amount, writes Reuters. GL Education, previously called Granada Learning Group, is a provider of tools and services to enhance educational capabilities among children. It runs two units, GL Assessment and GL Performance. Reuters – […]

Investcorp Real Estate Acquires Commercial Portfolio

Investcorp‘s US-based real estate arm has acquired a portfolio of mixed-use commercial real estate properties in the Northern San Francisco Bay Area. Investcorp acquired the properties for approximately $65 million. PRESS RELEASE Investcorp’s US-based real estate arm announced today that it has acquired a portfolio of mixed-use commercial real estate properties in the Northern San […]

Euro LBO Volume On The Rise: Slideshow

LBO volume for 2011 inched up close to 2004 levels as private equity firms took advantage of lower margins and slightly looser lending conditions, according to data from Thomson Reuters LPC. Zygmunt Solorz-Zak‘s acquisition of Polish mobile firm Polkomtel took the lion’s share of the LBO volume in 2011, accounting for almost 10% of the […]

Investcop Exits Accuity Holdings

Alternative asset manager Investcorp completed the sale of its U.S. portfolio company Accuity Holdings for an aggregate enterprise value of $530 million, Reuters reported Tuesday. Investcorp said it has distributed $1.5 billion to clients from its four corporate investment portfolio exits over the last 18 months, Reuters wrote.

HFF Arranges Hotels Refinancing

HFF has arranged a $120 million refinancing for nine hotels in California, Florida, Massachusetts, Minnesota, New Jersey, New York, Pennsylvania and Texas. HFF is a provider of commercial real estate and capital markets services to the U.S. commercial real estate industry. HFF worked on behalf of the borrower, Investcorp, to secure the adjustable-rate loan through […]

Two Deals for Investcorp

Investcorp‘s US-based real estate arm has made two recent equity investments. The firm has closed on the purchase of a seven-story Park Tower office complex in Long Beach, California for an undisclosed sum and also the $37 million acquisition of the Bethesda Health City building in Boynton Beach, Florida. PRESS RELEASE Investcorp’s US-based real estate […]

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