News and Analysis

With all the mega-LBO activity of late, it’s sometimes easy to forget that the most transactional action remains in the middle-markets (redefined as deals between $50 million and $1 billion). So let’s play 5 Questions with Randal Stephenson, head of middle-market M&A at CIT Group:  1. Private equity deals are making up an ever-larger piece […]
Pay by Touch, a San Francisco-based provider of biometric authentication solutions, has acquired S&H Solutions and its parent company S&H Greenpoints for more than $100 million in cash and stock. S&H Solutions is a provider of customer-based loyalty marketing and retail solutions. Pay By Touch shareholders include Och-Ziff Capital Management, Farallon Capital Management, Getty Trusts, Ron […]
MediaWhiz, a New York-based provider of performance-based online marketing services, has acquired Online Media Promotions LLC (a.k.a. Monetizeit), an Atlanta-based provider of online lead generation. No financial terms were disclosed for the deal, which was partially financed by existing MediaWhiz shareholder Lake Capital.
WebTrends Inc., a Portland, Ore.-based provider of Web analytics, has acquired ClickShift Inc., a San Bruno, Calif.-based provider of online advertising optimization solutions. No financial terms were disclosed. WebTrends is owned by Francisco Partners. ClickShift raised $6 million in Series A funding earlier this year from El Dorado Ventures and U.S. Venture Partners.
Independent Living Services Ltd., a Scotland-based provider of acute domiciliary care, has acquired Home Concern (Scotland) Ltd. No financial terms were disclosed for the deal, which was partially financed by ILS backers ISIS Equity Partners and Bank of Scotland.
Meritain Health Inc., an Amherst, N.Y.
Arcapita has invested $68 million to acquire and merge Atlanta-based 3P Delivery Inc. and Portland, Ore.-based General Transportation Services Inc., which both are asset-light providers of last-mile logistics services of heavy goods for major retailers in the U.S. Fortress Credit Corp. provided debt financing for the combined transaction, while EVE Partners served as financial advisor to […]
International Automotive Components Group North America has agreed to acquire Lear Corp.'s North American Interior Systems Division. IAC is a joint venture between WL Ross & Co., Franklin Mutual Advisers and Lear.Upon closing, Lear will transfer all of the assets of its North American interiors business and $25 million of cash to IAC, while WL […]
Independent Insurance Investments Inc., an auto insurance portfolio company of Inverness Management, has completed its acquisition of the Omni Insurance Group from The Hartford Financial Services Group Inc. (NYSE: HIG). No financial terms were disclosed for the deal, for which almost all of the equity was provided by Inverness and its limited partners.
Edgeio Inc., a Menlo Park, Calif.-based online classifieds company, has acquire the assets of Adaptive Real Estate Services, which has around 1.5 million homes listed for sale. No financial terms were disclosed. Edgeio raised $5 million last month from Intel Capital, Millennium Technology Ventures, RSS Investors and Trans Cosmos USA.

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