Evriholder Products, a branded housewares portfolio company of CID Capital, has acquired licensed housewares company A. Aronson Inc. No financial terms were disclosed.
FRANKFURT (Reuters) – Commercial broadcaster ProSiebenSat1 (PSMG_p.DE) may agree to a management buyout for its struggling news channel N24, according to a German media report. “N24’s managing director Torsten Rossmann has informed us that he is developing a concept in concert with Stefan Aust, the former editor of German magazine Der Spiegel,” PrtoSieben Chief Executive […]
LONDON (Reuters) – Private equity firm Bridgepoint has picked Goldman Sachs (GS.N) and Royal Bank of Scotland (RBS.L) to handle the possible listing of its portfolio firm Pets at Home, people familiar with the matter said on Tuesday. Bridgepoint has been pursuing a so-called dual-track approach regarding Pets at Home and the mandate signals a […]
Cardinal Agri-Logistics, an acquisition platform sponsored by Huron Capital Partners, has acquired Landes Trucking Inc., a Jacksonville, Ill.-based provider of transportation and logistics services to agricultural processing companies and food manufacturers. Huron committed $20 million to the deal.
Sarnova, a distributor of health care products in the emergency medical services (EMS) and respiratory markets, has acquired CVC Inc., an Arlington, Texas-based provider of products to the acute care respiratory and emergency medical services markets. No financial terms were disclosed. Sarnova is a portfolio company of Water Street Healthcare Partners.
SHS Gesellschaft, a German private equity firm, has acquired a majority stake in TNI Medical AG, German maker of diagnostic and therapeutic equipment for breathing therapy.
Zareba Systems Inc. (Nasdaq: ZRBA) has agreed to a reverse merger with Woodstream Corp., mouse trap and pet cage maker owned by Code Hennessey & Simmons and Brockway Moran & Partners. Under terms of the deal, Zareba would become a subsidiary of Woodstream, with Zareba stockholders to receive $9 per share (nearly a 100% premium to yesterday's closing price). The total deal would be worth around $22.32 million.
Primus Capital has sponsored a recapitalization of PathGroup, a Brentwood, Tenn.-based provider of diagnostic laboratory services. The deal also included $19.5 million in mezzanine debt led by Maranon Capital and a senior credit facility.
TA Associates has invested $45 million for a minority stake in Micromax Informatics Ltd., the third-largest mobile handset provider in India.
Seguin Partners has acquired a majority stake in B2B publisher CFO Publishing, with seller the Economist Group retaining a minority position. No financial terms were disclosed. The Jordan, Edmiston Group advised Economist Group on the deal.