OneAccord buys Bestworth-Rommel

By Iris Dorbian — 44 mins ago

OneAccord Capital has acquired Arlington, Washington-based Bestworth-Rommel Inc, a maker of canopies, wall panel systems and other products for businesses in the petroleum, retail and commercial sectors. No financial terms were disclosed.

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TPG backs RCN’s buy of Wave Broadband

By Iris Dorbian — 3 hours ago

TPG Capital is supporting RCN Telecom Services‘ $2.365 billion acquisition of Wave Broadband, a regional brandband fiber company. At the closing of the deal, which is expected to happen in the second half of this year, RCN and Wave will combine to create the sixth largest cable operator in the U.S. Cleary Gottlieb, Credit Suisse, Deloitte and PJT Partners advised TPG on the deal while UBS Investment Bank served as lead financial adviser to Oak Hill Capital Partners, Wave and GI Partners. RCN is owned by TPG while Wave is currently owned by Oak Hill Capital Partners, GI Partners and Wave management.

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BC Partners to buy DentalPro

By Iris Dorbian — 4 hours ago

BC Partners has agreed to acquire DentalPro, an Italian dental services provider. The sellers included Summit Partners and VAM Investments. No financial terms were disclosed. PwC advised BC Partners on the transaction.

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Organogenesis scores $20 mln

By Iris Dorbian — 5 hours ago

Eastward Capital Partners has provided $20 million to Organogenesis Inc. Based in Canton, Massachusetts, Organogenesis is an MIT spin-off that provides bioactive and acellular biomaterials products for advanced wound care, orthopedics, and spine.

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H.I.G. exits Community Veterinary Clinics

By Iris Dorbian — 5 hours ago

H.I.G. Growth Partners has sold its stake in Community Veterinary Clinics LLC to CVC’s managing team and majority owners. No financial terms were disclosed. CVC is a provider of preventative and wellness veterinary services.

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Harvest and VHP recaps ESP

By Iris Dorbian — 5 hours ago

Harvest Partners, LP and Varsity Healthcare Partners have recapitalized Dallas-based EyeCare Services Partners Holdings LLC, an ophthalmologic services company. No financial terms were disclosed. Jefferies LLC served as financial adviser to Varsity Healthcare Partners with Morgan Lewis & Bockius LLP providing legal counsel.

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HGGC to buy Nutraceutical International for $446 mln

By Luisa Beltran — 8 hours ago

HGGC LLC has agreed to buy Nutraceutical International Corp in a deal valued at about $446 million, including debt. Terms of the deal call for Nutraceutical stockholders to  receive $41.80 in cash (without interest) for each outstanding share. The deal includes a 60-day “go-shop” period where Nutraceutical can actively solicit, evaluate and potentially enter into negotiations with alternative proposals. Nutraceutical, of Park City, Utah, makes, markets and distributes branded nutritional supplements and other natural products sold primarily to and through domestic health and natural food stores. 

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Partners Group to buy SPi Global

By Luisa Beltran — 8 hours ago

Partners Group has agreed to buy SPi Global. Financial terms weren’t announced. CVC Capital Partners is the seller. SPi, of Manila, provides outsourced services to education, science, technical and medical research publishers worldwide.

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Ardian invests in LBC Tank Terminals

By Luisa Beltran — 9 hours ago

Ardian has agreed to acquire a stake in LBC Tank Terminals from State Super and Sunsuper. Financial terms weren’t announced. LBC, of Belgium, operates bulk liquid storage facilities, predominantly for chemical & base oil products. Once the sale closes, Ardian will hold a 35 percent stake in LBC. Current shareholders APG and PGGM will retain 32.5 percent each.

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EcoIntense raises $24.6 mln

By Luisa Beltran — 9 hours ago

EcoIntense GmbH said May 22 that it raised 22 million euros ($24.6 million) from One Peak Partners and Morgan Stanley Expansion Capital, the growth-focused private investment team within Morgan Stanley Investment Management. Financial terms weren’t announced. BBAF Business Angels Fondsgesellschaft and Wecken & Cie sold their stakes. EcoIntense, of Berlin, provides software for health and safety, environmental management and sustainability solutions. EcoIntense received legal advice from Gerhard Wacker (PwC Legal), while One Peak Partners and Morgan Stanley Expansion Capital worked with law firms Vogel Heerma Waitz and Cooley LLP.

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Cerberus buys Bushkill from Resorts Group

By Iris Dorbian — 3 days ago

Cerberus Capital Management has acquired Pennsylvania-based Bushkill Group, a vacation property ownership company from Resorts Group Inc. The transaction includes Bushkill’s Pocono Mountains resort location. No financial terms were disclosed. As part of the deal, Rick Budd, senior operating executive at Cerberus Operations and Advisory Company LLC, has been appointed president and CEO of Bushkill.

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Valorem nabs $300 mln

By Iris Dorbian — 3 days ago

Kayne Private Energy Income Fund LP has provided $300 million in funding to Valorem Energy LLC. Based in Oklahoma City, Oklahoma, Valorem is an oil and natural gas company.

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