News and Analysis

Rotorcraft Leasing Company LLC, a Broussard, La.-based portfolio company of H.I.G. Capital, has acquired Go Helitrans, a provider of transportation services for personnel and equipment to offshore oil & gas production platforms and drilling rigs in the Western Gulf of Mexico. No financial terms were disclosed. www.rotorcraftleasing.net
Novations Group Inc., a Boston-based training and consulting organization, has acquired ProGroup Inc., a Minneapolis-based provider of corporate diversity training. No financial terms were disclosed. Novations was acquired last year by private equity firm MCG Global. www.novations.com www.progroupinc.com
Cooper-Standard Automotive Inc. has agreed to acquire the Metzeler Automotive Profile Systems (MAPS) sealing systems operations in Germany, Italy, Poland and Belgium, from Automotive Sealing Systems SA. No financial terms were disclosed for the deal, which is expected to close next quarter. Cooper-Standard shareholders Goldman Sachs Capital Partners and The Cypress Group will invest new […]
Sabre Holdings, an online travel reservations company taken private earlier this year by Silver Lake Partners and TPG, has acquired E-site Marketing, a Bethesda, Md.
Nu Visions Manufacturing Inc., a portfolio company of Golden Gate Capital, has acquire Veritek Manufacturing Services Inc., a San Marcos, Calif.-based provider of electronic manufacturing services to medical, defense, gaming and industrial customers. No financial terms were disclosed. www.nvems.com
TriMark USA Inc., a South Attleboro, Ma.
Aepona of Ireland has merged with Sweden-based Appium, in order to create a singer vendor for the telecom service layer. No financial terms were disclosed. Aepona has raised nearly $50 million in VC funding from firms like Amadeus Capital Partners, Invest Northern Ireland, Polaris Venture Partners and Trinity Venture Capital. Appium has raised over $10 […]
Caritor Inc., a San Ramon, Calif.-based IT services provider, has completed its $14.30 per share buyout of outsourcing company Keane Inc. (NYSE: KEA). The total deal was valued at approximately $854 million, with Caritor receiving equity financing from existing shareholder Citigroup Venture Capital International and leveraged financing from Citigroup Global Markets, UBS Securities and Bank […]
Huron Capital Partners announced that three of its portfolio companies have made add-on acquisitions. Quest Specialty Chemicals expanded its construction coatings unit with the acquisition of UC Holdings. Tectrans expanded its ground transportation business into the Northern California market, with the acquisition of Mobility Solutions. Finally, prefabricated residential staircase maker Southern Staircase acquired Stair Parts […]
MILPITAS, Calif. (AP) – Singapore-based contract electronics manufacturer Flextronics International Ltd. said Monday it is purchasing contract electronics maker Solectron Corp. in a cash-and-stock deal worth about $3.6 billion. Solectron shareholders will be able to convert each of their shares into either 0.3450 shares of Flextronics shares or $3.89 per share in cash. The terms […]
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