Casin-led group to buy Chicago Stock Exchange

By Luisa Beltran — 5 hours ago

Chongqing Casin Enterprise Group (Casin Group) has led an investor group to buy the Chicago Stock Exchange Inc. Financial terms weren’t announced but the deal is reportedly worth less than $100 million. The Casin Group, of Chongqing, China, is a diversified holding company. GCA Savvian Advisors LLC served as financial advisor and Sidley Austin LLP served as legal advisor to CHX. Broadhaven Capital Partners provided financial advice and Orrick, Herrington & Sutcliffe LLP was the attorney for the Casin Group.

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Rock Hill exits Tideland

By Iris Dorbian — 3 days ago

Rock Hill has sold Tideland Signal Corp, a provider of aids to navigation solutions, products, services and customer care to a variety of ports and harbors, offshore energy companies and coastal and marine authorities. The buyer was Xylem Inc. No financial terms were disclosed.

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PE-backed Rowmark acquires Bur-Lane

By Iris Dorbian — 4 days ago

Rowmark LLC, which is backed by Bertram Capital, has acquired Oklahoma City-based Bur-Lane Inc, a distributor of engraving plastic and identification accessories and supplies. No financial terms were disclosed.

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Vertical / Trigen completes merger with Osmotica

By Luisa Beltran — 4 days ago

Vertical / Trigen Holdings LLC, a portfolio company of Avista Capital Partners, has closed its merger with Osmotica Holdings Corp Ltd. Financial terms weren’t announced. Vertical / Trigen and Osmotica are both pharmaceutical companies. The deal was announced in December.

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Neuberger Berman sells CapitalAnalytics

By Luisa Beltran — 4 days ago

MUFG Investor Services, the global asset servicing group of Mitsubishi UFJ Financial Group, has agreed to buy CapitalAnalytics from Neuberger Berman. Financial terms weren’t announced. Dallas-based CapitalAnalytics provides private equity fund administration services for GPs and portfolio administration services for LPs.

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EQT to sell Energy from Waste

By Luisa Beltran — 4 days ago

EQT has agreed to sell Energy from Waste to Beijing Enterprises Holding. Financial terms weren’t announced. Energy from Waste, of Germany, produces electricity, district heating and process steam for industrial use. Morgan Stanley advised EQT.

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HIG closes sale of Media Properties stake

By Luisa Beltran — 4 days ago

H.I.G. Growth Partners said Thursday it completed the sale of its stake in Media Properties Holdings to Cannella Response Television. Financial terms weren’t announced. The deal was announced Jan. 28. Media Properties owns media companies – AdMore and REVShare– that provide media buying, creative, lead generation and CPA TV advertising. ZMC, Palladium Equity Partners and Veronis Suhler Stevenson will continue as investors. Petsky Prunier Securities advised Media Properties.

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IPC acquires Etrali

By Iris Dorbian — 5 days ago

IPC Systems has acquired Etrali Trading Solutions, a provider of compliance and unified communications solutions. No financial terms were disclosed. Etrali was owned by The Gores Group.

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Ship Supply buys Alliance Supply Management

By Luisa Beltran — 5 days ago

Ship Supply International, a portfolio company of H.I.G. Capital, has acquired Alliance Supply Management. Financial terms weren’t announced. Houston-based Alliance is a port logistics business that provides last-mile delivery of required deck & engine maintenance products and critical perishable goods to commercial vessels throughout the U.S. Gulf Coast.

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PE-backed Dorner buys FlexMove

By Iris Dorbian — 6 days ago

Dorner Manufacturing Corp, a portfolio company of Incline Equity Partners, has acquired Malaysia-based FlexMove, a maker of flexible chain conveyors for food, beverage, automotive, electronic and other sectors. No financial terms were disclosed.

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Synoptek buys EarthLink’s IT services business for $29 mln

By Luisa Beltran — 6 days ago

Synoptek, a portfolio company of Sverica Capital Management LLC, has acquired EarthLink’s IT Services business. Five Points Capital and Portfolio Advisors are also investing. Zions Bank and Comerica are providing debt financing. Atlanta-based Earthlink, in a separate announcement, said the sale impacts approximately 1,700 customers that are serviced through data centers and office locations in the continental US and Canada. Earthlink said it would receive $29 million in proceeds for the business. Bank Street served as EarthLink’s exclusive financial advisor and Troutman Sanders provided legal advice.

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