News and Analysis

Tharco Containers Inc., a packaging portfolio company of Tricor Pacific Capital, has acquired Design Packaging Inc., a Lithonia, Ga.-based independent sheet plant. In conjunction with the deal, Tharco completed a recapitalization that included a $145 million senior secured credit facility led by GE Antares Capital and GE Capital Markets. Subordinated financing was provided by S.A.C. […]
Ziff Davis Enterprise, a media and demand generation company for the tech industry, has acquired Development Shed, a network of 12 complementary content websites targeting development and programming professionals. No financial terms were disclosed. Insight Venture Partners recently carved Ziff Davis Enterprise out of Ziff Davis Media for $150 million.
Network Communications Inc., a Lawrenceville, Ga.-based print and online publisher of real estate information, has acquired By Design Publishing, a provider of personal marketing solutions for real estate agents. No financial terms were disclosed. Network Communications was acquired by in January 2005 by Citigroup Venture Capital Equity Partners.
Avalign Technologies Inc., a medical device outsourcing platform backed by RoundTable Healthcare Partners, has acquired Nemcomed, a Hicksville, Ohio
EK Success Ltd., a Clifton N.J.-based scrapbooking company owned by GTCR, has acquired both Wilton Industries Inc. and Dimensions Holdings LLC. The combined companies will be named Wilton Products, with headquarters in Woodridge, Illinois. GTCR provided $126 million in equity to help finance the deals, while debt came from UBS and Deutsche Bank. Wilton is […]
LSI Corp. (NYSE: LSI) has completed the sale of its consumer products business to Magnum Semiconductor Inc., a Fremont, Calif.-based supplier of ICs, software and reference platforms for audio and video content. No financial terms were disclosed. Magnum has raised $52 million in VC funding since its 2005 spinout from Cirrus Logic. Shareholders include Investor […]
Auto Meter Products Inc., a Sycamore, Ill.-based portfolio company of Harbour Group, has acquired Dedenbear Products Inc., a Pleasant Hill, Calif.-based maker of electronic and mechanical products for competitive drag racers. No financial terms were disclosed.
Gores Group has sold web development agency Proxicom Inc. to iCrossing Inc., a Scottsdale, Ariz.-based digital marketing company. No financial terms were disclosed. iCrossing has raised around $141 million in total VC funding, from firms like Goldman Sachs, Oak Investment Partners, RRE Ventures and StarVest Partners.
TXU shareholders should hold on to their proxy postage, as Thomson Financial is reporting that the company’s $45 billion buyout could be on the verge of collapse. The report says that banks led by Citigroup are thinking long and hard about reneging on their $37.2 billion in debt financing commitments, which included $25.9 billion in […]
AmeriMark Direct LLC, a direct marketing company owned by JH Partners, has agreed to buy Dr. Leonard's Healthcare Corp. from Cortec Group, Baird Capital Partners and Golub Capital. The deal was first disclosed by Moody's Investors Services, which said that it includes $315 million in debt. Dr. Leonard's is an Edison, N.J.-based provider of direct […]

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