Yearly Archives: 2015

European private equity firm Cinven's acquisition of the public-sector division of British software firm Northgate Information Solutions will be backed with 285 million pounds ($434 million) of debt financing, banking sources told Reuters.

Magnate Capital Partners and CIVC Partners have formed Magnate Worldwide, a holding company that will make acquisitions in the transportation and logistics sector. No financial terms were disclosed. MCP's Dan Para and Mike Welch will serve as CEO and president, respectively.

CBPE Capital has sold Warwick Chemicals to Lubrizol Corp., which is owned by Berkshire Hathaway. No financial terms were disclosed. The Valence Group advised CBPE on the transaction. Based in Mostyn, North Wales, Warwick Chemicals is a provider of stain removal technology.

MSDP, a portfolio company of Z Capital, has bought ACCEL Performance Group. No financial terms were disclosed. ACCEL is a maker of automotive performance parts.

Los Angeles-based private equity firm Levine Leichtman Capital Partners has named Wouter Snoeijers as a managing director for its Netherlands office. Prior to joining LLCP, Snoeijers worked at PGGM where he was a director.

MW Industries, which is backed by Genstar Capital, has acquired Maudlin & Son Manufacturing. No financial terms were disclosed. Based in Kemah, Texas, Mauldin & Son is a maker of tool room supplies.

Wasserstein & Co. has bought Paris Presents from Mason Wells. No financial terms were disclosed. Ontario Pension Board and Northwest Mutual are co-investing in the deal. BNP Paribas provided the financing for the transaction. Based in Gurnee, Illinois, Paris Presents is a provider of beauty products and personal care accessories.

Riverside has acquired Five Star Painting as an add-on for its Dwyer Group platform. No financial terms were disclosed. Madison Capital, GE Capital, NXT Capital and Ares Capital provided financing for the transaction while Jones Day, KPMG, Fisher Zucker and Cassels Brock advised Riverside on the deal. Based in Spanish Fork, Utah, Five Star is a franchisor of interior and exterior painting services.