News and Analysis

Accuro Healthcare Solutions Inc., a Dallas-based provider of financial and operational solutions for healthcare providers, has acquired The Woodmoor Group Inc., a Raleigh, N.C.-based provider of Web-based accounts receivables management, denials management and revenue analytics tools. No financial terms were disclosed. Accuro is controlled by Welsh, Carson, Anderson & Stowe.
Hettinger Welding LLC, a Gillette, Wyo.-based portfolio company of Clearview Capital, has acquired Eagle Excavation Inc. of Moorcroft, Wyo., according to LBOWire. No financial terms were disclosed.
ARC International (LSE: ARK) has acquired the primary assets of Teja Technologies Inc., a San Jose, Calif.-based developer of heterogeneous multiprocessor software. The deal includes a $3.4 million upfront cash payment, plus up to $1.6 million in earn-outs that could be paid in stages over the next two years. Teja reported a $3.3 million loss […]
Buyouts Magazine is reporting that Q1 2007 was the busiest quarter on record for leveraged buyouts, with 283 control-stage transactions at a disclosed value of $102.6 billion. The data includes only closed transactions that involve U.S. sponsors and/or U.S. targets. The same period last year saw 248 deals for a disclosed value of just $50.7 […]
Word just came that KKR has agreed to acquire credit card processing company First Data Corp. (NYSE: FDC) for approximately $29 billion. It would be the fifth-largest leveraged buyout in history, supplanting Harrah’s. See press release here: FirstData.pdf Under terms of the agreement, First Data shareholders would receive $34 per share, which is around a […]
Calera Capital and TPG today completed their $630 million buyout of Direct General Corp., a Nashville, Tenn.-based provider of insurance products via a network of retail storefronts. As part of the deal, former Cendant executive Dan Tarantin will take over as Direct General’s new CEO. So we’ve got 5 Questions for Dan, including how he […]
Network Communications Inc., a publisher of printed and online real estate information and advertising in North America, has acquired New England Home magazine. No financial terms were disclosed. Network Communications was acquired in January 2005 by Citigroup Venture Capital.
Berean Christian Stores, a Cincinnati-based Christian bookstore chain controlled by JMH Capital, has acquired independent Macon, Ga.-based book retailer Macon Christian Bookstore. No financial terms were disclosed.
The last VC-backed IPOs of Q1 priced yesterday, when SenoRx raised a lackluster $44 million. Overall, 16 VC-backed companies priced on U.S. exchanges during Q1, for a total take of approximately $1.99 billion. This compares to $1.63 billion raised by 20 offerings during the preceding quarter, and just $540.82 million for 10 IPOs in Q1 […]
Travelex, a UK-based currency exchange backed by Apax Partners, has acquired Washington, D.C.-based payment servicing company Ruesch International from Welsh Carson Anderson & Stowe. The deal was valued at $440 million.

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