News and Analysis

Post Capital Partners has sold portfolio company Agent Media Corp. to Summit Business Media LLC, a portfolio company of Wind Point Partners. No financial terms were disclosed. Agent Media is a Clearwater, Fla.-based provider of database, publishing and marketing solutions provider for the insurance industry.
Versatile Processing Inc., a portfolio company of Dorman Industries LLC and Merit Capital Partners, has acquired Dulin Metals Co., a provider of mill processing, toll management and precious metal representation. No financial terms were disclosed. Dulin Metals was advised on the deal by RSM EquiCo Capital Markets.
LLR Partners and Primus Capital Funds have invested $53 million in Community Education Centers Inc., a Roseland, N.J.
Dominion Enterprises, a Norfolk, Va.-based media company, has acquired Autobase Inc., an Indianapolis-based provider of marketing and sales solutions for auto dealerships. No financial terms were disclosed. Autobase had raised $8.5 million in a 2004 venture round led by Summit Accelerator Fund.
Athersys Inc., a Cleveland-based regenerative medicine company, has completed a reverse merger with BTCH VI Inc. (OTC BB: BVIC), in which BTCH will change its name to Athersys. As part of the merger, BTCH has raised $65 million via a private placement. Radius Ventures led the deal, and was joined by OrbiMed Advisors, RA Capital […]
MCG Capital has sold Superior Publishing Corp. to American Consolidated Media, a newspaper operating company owned by Macquarie Media Group, for approximately $65 million. SPC publishes 19 local papers in northern Minnesota and Wisconsin.
Origin Digital Inc., a Weehawken, N.J.-based video applications service provider, has acquired video software applications company InterData Software Inc., according to VentureWire. No financial terms were disclosed. Origin recently raised $5.5 million in Series A funding from Constellation Ventures.
Summit Business Media LLC, a portfolio company of Wind Point Partners, has agreed to acquire Wicks Business Information from Wicks Group. No financial terms were disclosed for the deal, which is expected to close later this month. SBM publishes National Underwriter magazine and the NU Online News Service, while WBI publishes Investment Advisor, Credit Union […]
BNY ConvergEx Group Inc., a New York
Updated after jump While moderating a panel at Buyouts Symposium East earlier this year, I asked about the surprising lack of buyout-backed IPOs in 2007. Each panelist looked at me quizzically, and responded that it was just a statistical anomaly that would soon correct itself (save for one panelist who said my numbers must be […]

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