News and Analysis

Emerald Performance Materials LLC, a Cuyahoga, Ohio-based portfolio company of Sun Capital Partners, has acquired CVC specialty Chemicals Inc., a Moorestown, N.J.
Jobing Inc., a Phoenix-based provider of locally-focused recruiting solutions, has acquired WorkMetro Inc., a San Jose, Calif.-based operator of local employment websites in 22 urban markets. No financial terms were disclosed. Jobing is backed by Great Hill Partners and JMI Equity, while WorkMetro had raised $5 million from Bessemer Venture Partners and Jafco Ventures.   […]
Canon Communications LLC, a Los Angeles-based B2B publisher and event organizer, has acquired the Pharmapack trade show from French event organizer Oriex. Pharmapack begins today, and is an annual event for the European pharmaceutical packaging industry. No financial terms were disclosed. Canon is a portfolio company of Apprise Media, which in turn is controlled by […]
The buyout market is at the beginning of its first writeoff cycle in years, as portfolio companies are suffering from the dual dangers of overleveraged balance sheets and recessionary macro trends. The latest dead pool jumper is Silver State Helicopters, a Las Vegas-based flight training school that filed for Chapter 7 bankruptcy protection just five […]
Local Insight Media LP, a publishing portfolio company of Welsh Carson Anderson & Stowe, has agreed to acquire a collection of online directories from L.M. Berry & Co., a subsidiary of AT&T. No financial terms were disclosed.    PRESS RELEASE AT&T and Local Insight Regatta Holdings, Inc. today announced the execution of a definitive agreement […]
Freescale Semiconductor, a maker of embedded chips, has agreed to acquire SigmaTel Inc. (Nasdaq: SGTL), a maker of mixed-signal ICs for the consumer electronics market. The deal is valued at approximately $110 million in cash, with SigmaTel stockholders to receive $3 per share (67% premium over Friday's closing price). Freescale was taken private in late […]
Advanstar Communications Inc., a portfolio company of Veronis Suhler Stevenson, has acquired CBI Research Inc., a provider of live and electronic conferences for pharma and biotech executives. No financial terms were disclosed.   PRESS RELEASE Advanstar Communications, Inc.
Navigation Capital Partners today announced that it has acquired a majority stake in Exeter Finance Corp., a Dallas-based company that buys and services nonprime auto installment sales contracts. So we’ve got 5 Questions for David Panton, a partner with Navigation: 1. Exeter describes itself as a “nonprime” auto finance company. Is there any difference between that […]
Marlin Equity Partners has completed the take-private acquisition of VantagePoint Systems Inc., a provider of enterprise resource planning (ERP) software solutions to the worldwide packaging industry. VantagePoint will operate as a subsidiary of Solarsoft Business Systems, a Marlin portfolio company and provider of ERP solutions to wide array of vertical markets. Marlin continues to actively seek […]
Bausch & Lomb has completed its acquisition of Eyeonics Inc., an Aliso Viejo, Calif.-based maker of ophthalmic medical devices like intraocular lens implants. No financial terms were disclosed. Bausch & Lomb was recently acquired by Warburg Pincus.   Eyeonics had raised $43.5 million in VC funding since 1998, including a Series E round in late […]
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