PE-backed Banker’s Toolbox buys Integra Systems

By Iris Dorbian — 12 hours ago

Banker’s Toolbox, which is backed by KKR-Accel, has acquired Georgia-based Integra Systems, a provider of customer due diligence and OFAC scanning solutions to financial institutions, insurance companies, auto dealers, brokerage firms and healthcare providers. No financial terms were disclosed.

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Odyssey to sell Pexco to Kohlberg

By Iris Dorbian — 13 hours ago

Kohlberg & Company LLC has agreed to acquire Pexco, a North American specialty plastics manufacturer. The seller is Odyssey Investment Partners LLC. No financial terms were disclosed. When the deal closes, Pexco will merge with Kolhberg portfolio company PPC Industries, which also comprises Kelpac Medical. Latham & Watkins advised Pexco and Odyssey on the transaction.

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STGG to acquire PE-backed Preferred Systems Solutions

By Iris Dorbian — 5 days ago

STG Group Inc has agreed to acquire Preferred Systems Solutions Inc, a portfolio company of CM Equity Partners, for a consideration of about $119 million. PSS is a provider of advanced computing, analytics, program and acquisition management, cyber and software solutions.

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PE-backed Saba Software to acquire Halogen

By Iris Dorbian — 5 days ago

Saba Software Inc, which is backed by Vector Capital, has agreed to acquire Ottawa, Ontario-based Halogen, a provider of cloud-based performance management solutions, for C$12.50 per share. The deal is expected to close in the second quarter of this year. Also, Michael Slaunwhite, co-founder and executive chairman of Halogen, will become chairman of the combined company.

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Tennant Company to buy PE-backed Ambienta for about $350 mln

By Iris Dorbian — 5 days ago

Tennant Company has agreed to acquire IPC Group, a portfolio company of Ambienta, for about $350 million. Goldman Sachs served as financial adviser to Tennant Company while Baird did likewise for Ambienta. Based in Italy, IPC Group is a provider of professional cleaning solutions for commercial markets.

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Fireman Capital sells Skip Hop for $140 mln

By Luisa Beltran — 5 days ago

Fireman Capital Partners said Feb. 23 that it has sold its portfolio company Skip Hop Inc to Carter’s Inc for $140 million in cash, plus future performance incentives. Skip Hop makes products, like diaper bags, that aim to make parenting easier. McDermott Will & Emery LLP acted as legal advisor to Fireman Capital Partners. Harris Williams & Co served as financial advisor to Skip Hop.

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Brynwood Partners to exit Lightlife Foods for $140 mln

By Iris Dorbian — 6 days ago

Brynwood Partners has agreed to sell Lightlife Foods to Maple Leaf Foods Inc for $140 million. Piper Jaffray & Co. served as the investment adviser to Lightlife while Centerview Partners advised Maple Leaf Foods. Based in Braintree, Massachusetts, Lightlife is a maker of alternative protein foods.

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PE-backed Sciens buys W.W. Gay

By Iris Dorbian — 6 days ago

Sciens Building Solutions, which is backed by Huron Capital Partners LLC, has acquired Jacksonville, FL-based W.W. Gay Fire & Integrated Systems Inc, a provider of fire detection and fire suppression systems. No financial terms were disclosed.

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Providence-backed Abacus Next makes two acquisitions

By Iris Dorbian — 6 days ago

Abacus Next, which is backed by Providence Equity, has acquired Cloudnine Realtime, a cloud solutions provider for CPA firms and Results Software, a provider of customer relationship management software for QuickBooks users. No financial terms were disclosed for either acquisition.

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