News and Analysis

(Reuters) – Gun maker Freedom Group Inc, controlled by private equity firm Cerberus Capital Management, filed with U.S. regulators on Wednesday to raise up to $200 million in an initial public offering of common stock. The Madison, North Carolina-based company told the U.S Securities and Exchange Commission in a preliminary prospectus that its predecessor company […]
Aurora Capital Group has completed its purchase of Porex from HLTH Corp. (Nasdaq: HLTH). The deal was valued at $142 million, including $74.5 million in cash payable at closing and $67.5 million in senior secured debt. Porex makes porous plastic products and components used in healthcare, industrial and consumer applications.
US Liner Co., a Cranberry Township, Penn.-based maker of thermoplastic composite solutions, has received a minority equity investment from Sverica International. No financial terms were disclosed.
NEW YORK (Reuters) – AGA Medical Holdings Inc (AGAM.O), a maker of devices for heart defects and vascular diseases, priced shares in its initial public offering at $14.50 each, below its reduced estimate, becoming the latest private equity-backed deal to face weak demand. AGA, whose largest shareholder is private equity firm Welsh, Carson, Anderson & […]
NEW YORK (Reuters) – AGA Medical Holdings Inc (AGAM.O), a maker of devices for heart defects and vascular diseases, lowered the price range of its initial public offering ahead of the deal’s pricing on Tuesday, becoming the latest private equity-backed company to face weak demand. AGA, whose largest shareholder is private equity firm Welsh, Carson, […]
Investcorp is on a roll. Since buying heavy-duty parts distributer FleetPride in 2006, the buyout firm has led the company through thirteen add-on acquisitions. Thirteen! That’s as many companies as most firms have in their portfolio. Including today’s deal for Angelo Fleet & Industrial Supply, FleetPride has announced five deals in just this year, which […]
Clayton, Dubilier & Rice, Inc. completed its deal $250 million equity investment in the NCI Building Systems. The CD&R-managed funds acquired newly issued preferred stock resulting in an ownership position in the Company of approximately 68.5% on an as-converted basis.
Carlyle Group has invested an additional $10 million into Supercircuits, a video surveillance provider it purchased control of in 2006. The new capital will be used to fully retire Supercircuits’ debt and develop new products.
(Reuters) – Lonza (LONN.VX) withdrew its $460 million offer to acquire Canada’s Patheon (PTI.TO) on Tuesday, citing the cost and the opposition of majority shareholder JLL, and may now set its sights on other similar buys. The Swiss drugs industry supplier sought to widen its product range by offering last month to acquire drug manufacturer […]
Thompson Street Capital Partners, a buyout firm based in St. Louis, Missouri, has invested in Logan’s Linens , a Shelbyville, Ky.-based hospital linen and uniform rental business for an undisclosed price. Falls River Group advised the seller; Dresner Partners assisted the firm on the transaction. Press release: Falls River Group, LLC, a Naples, Fla.-based middle […]
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