Iris Dorbian
Century Park Capital Partners has acquired Vernon, California-based Mikawaya, a maker of Japanese pastries and specialty frozen desserts. No financial terms were disclosed. OneWest and Gladstone Capital provided the debt financing for the transaction.
First Read ends the week with news the NYSE says outage was caused by a software update, Facebook is seeking more music video licensing deals and hack of government computers far worse than first thought.
In Second Opinion, Procter & Gamble agrees to sell its beauty brands to Coty for $13 billion, Thomas H. Lee is in the lead to acquire eBay's enterprise unit and Tour de France leader Tony Martin is out after collarbone-breaking crash.
Houston, Texas-based Balidor Oil & Gas LLC, which acquires and develops oil and natural gas assets in North America, has secured $150 million in funding. The investors were Kayne Anderson Energy Funds and Balidor's management.
True North Management Group has closed its third real estate fund at $548 million. The limited partners of True North Real Estate Fund III LP include pension programs, endowments, foundations and high-net worth family offices. Atlantic Pacific Capital served as placement agent.
Fulcrum Capital Partners Inc has closed its fifth fund at $344 million. Fulcrum Capital Partners Fund V will back Canadian middle-market companies with a focus in manufacturing, resource services, business services, distribution and logistics and consumer products. The fund will make investments between $15 and $35 million.
Ridgemont Equity Partners has raised $750 million for its second fund, according to an SEC filing. The target is $900 million.
Blue Buffalo Pet Products Inc, which is backed by Invus Group, has priced its IPO of over 29.5 million shares at between $16 and $18 per share. The company plans on trading the stock on the NASDAQ under the ticker symbol "BUFF." J.P. Morgan Securities LLC and Citigroup Global Markets Inc are serving as the lead underwriters. Based in Wilton, Connecticut, Blue Buffalo is a maker of natural pet products.
Babson Capital Management has made an undisclosed investment to back Incline Equity Partners' buy of AFC Holdings Inc. Based in Fairfield, Ohio, AFC is a provider of supply chain management services and vendor-managed inventory programs for original equipment makers.
Telular Corporation, a portfolio company of Avista Capital Partners, has closed its previously announced buy of Reltima and GPS North America. No financial terms were disclosed. Media Venture Partners advised Reltima and GPS North America on the transaction while Kirkland & Ellis LLP advised Telular and Avista. Based in Woburn, Massachusetts, Reltima is a provider of solutions for GPS fleet tracking and fleet performance optimization aimed at light duty vehicle fleets. Langhorne, Pennsylvania-based GPS North America is Reltima’s largest distribution partner.