Global Equity Capital has agreed to buy Halifax Corp. of Virginia (OTC BB: HALX), a provider of enterprise logistics and maintenance solutions, for $1.20 per share.
China Medicine Corp. (OTC BB: CHME), a medicine and neutraceuticals distributor, has agreed to sell $69.6 million worth of common shares and redeemable convertible preferred shares to One Equity Partners. The PIPE represents OEP's first investment in Greater China.
Intergraph, a provider of enterprise engineering software to the process, power and marine industries, has acquired Coade Inc., a Houston, Texas-based provider of plant design and engineering software for the process industries. No financial terms were disclosed. Intergraph was taken private in 2006 by Hellman & Friedman and TPG Capital. Coade sold a majority stake in 2007 to Insight Venture Partners.
NEW YORK (Reuters) – Life insurance company Symetra Financial Corp set the terms of its initial public offering on Wednesday, lowering the overall value of the deal from its October filing and signaling that it is likely to price soon. The company, which sells group health, retirement and life insurance, and employee benefits, said that […]
Marlin Equity Partners has acquired Liquent Inc., a provider of software and services to support the regulatory activities of life sciences companies. The seller was Thomson Reuters (publisher of peHUB). No financial terms were disclosed.
Pfingsten Partners has acquired Motus3 Cos., an Overland Park, Kansas-based maker of food processing equipment under the brand names Marlen and Carruthers. No financial terms were disclosed for the deal, which closed on December 31.
The Jordan Company LP has bought Zest Anchors Inc., an Escondido, Calif.-based company that makes attachments used to secure dentures and other dental implants, according to Paul Zuest, the president of the company. Jordan Company purchased a majority stake while Zuest and other shareholders will retain a 25 percent stake. Zuest declined to discuss how large the investment was and executives at Jordan Company declined to comment. Equity for the investment will come out of The Resolute Fund II LP, according to a regulatory filing. The New York-based shop closed the $3.6 billion fund in February 2008.
Guardian Capital Partners has acquired Sure Fit Inc., a New York-based maker of slipcovers and related accessories. Argosy Private Equity and existing Sure Fit senior lender Wells Fargo Business Credit provided additional financing. No pricing terms were disclosed.
DynaVox Inc., a Pittsburgh-based maker of software and devices that assist people in overcoming speech, language or learning disabilities, has filed for a $125 million IPO. It plans to trade on the Nasdaq under ticker symbol DVOX, with Piper Jaffray and Jefferies & Co. serving as co-lead underwriters. The company reports just over $91 million in […]
LoanDepot, an Irvine, Calif.-based online provider of consumer direct mortgage origination, has raised an undisclosed amount of growth equity funding from Parthenon Capital Partners. Company CEO Anthony Hsieh co-invested alongside Parthenon.