News and Analysis

Conner Steel Products Inc., a San Angelo, Texas-based manufacturer of above-ground storage tanks for the oil and gas industry, has acquired Aggregate Plant Products Co., a San Antonio-based provider of material handling equipment for the oil and gas well fracturing services business. Conner Steel is a portfolio company of Empeiria Capital. Terms were not disclosed.
Total Safety U.S. Inc., a Houston, Texas-based portfolio company of DLJ Merchant Banking Partners, has completed its acquisition of Inter-Mountain Safety Inc., an Evanston, Wyo.
Conventional wisdom is that equity sponsors are desperate to see their “hung” buyouts close, in the face of crunched credit and the corresponding possibility that certain banks might jump the bridge. And I don’t doubt it – as no one wants to put several months of work into a deal that falls apart due to […]
Comm-Works Holdings LLC, a Minneapolis-based provider of enterprise communications solutions, has acquired Harbor Technologies, a Mt. Laurel, N.J.-based enterprise networking company. No financial terms were disclosed. Comm-Works is a portfolio company of Morgenthaler Partners. www.comm-works.com www.harbortech.com
GoAmerica Inc. (Nasdaq: GOAM) has agreed to acquire the Telecommunications Relay Services (TRS) division of Verizon for $50 million in cash. The deal also includes up to $8 million in cash earn-outs, and is being financed via a $65 million private equity and debt infusion from Clearlake Capital Group. www.goamerica.com www.verizon.com
SunSource Holdings Inc., a fluid products and systems distributor owned by Code Hennessy & Simmons, has expanded via the acquisition of Seattle-based George W. Warden Co. Inc. (a.k.a. Warden Fluid Dynamics). No financial terms were disclosed. www.sun-source.com www.wfdonline.com
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. www.ziffdavisenterprise.com www.developmentshed.com
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. www.livingchoices.com
Avalign Technologies Inc., a medical device outsourcing platform backed by RoundTable Healthcare Partners, has acquired Nemcomed, a Hicksville, Ohio
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