The first-ever Buyouts Awards dinner just concluded, and what follows is a list of the winners: Firm of the Year The Carlyle Group Deal of the Year Cerberus — GMAC Mega-Deal of the Year Cerberus — GMAC Large-Market Deal of the Year Bain/Carlyle/TH Lee — Dunkin’ Brands Middle-Market Deal of the Year Wellspring Capital — […]
Lone Star Fasteners, a Spring, Texas-based company backed by Trinity Hunt Partners, has completed its acquisition of PRD Holdings Ltd., a UK-based maker of fasteners to the energy and heavy industrial markets. The combined company has an enterprise value of around $150 million. www.lonestarfasteners.com
Ampac Packaging LLC, a Cincinnati-based packaging company backed by Falcon Investment Advisors and Prudential Capital Group, has acquired the Trigon Security Products business of Sealed Air Corp. (NYSE: SEE). No financial terms were disclosed. Trigon makes security bag products for financial institutions, armored carriers and retailers for the depositing and shipping of cash, checks and […]
Bright Media Group, a San Francisco-based alternative media company backed by Trimaran Capital Partners, has acquired AdverTickets, a Dallas, Texas
EV Energy Partners LP (Nasdaq: EVEP) has agreed to acquire oil and natural gas properties in Central and East Texas from Anadarko Petroleum Corp. (NYSE: APC). The purchase price will be $100 million. EnerVest is EVEP's largest shareholder. www.evenergypartners.com
Last week, I expressed astonishment that two Dow Chemical executives would solicit buyout offers without the board’s knowledge or authorization. These were rogue employees who hoped their brazenness might result in such a good offer that the board would forgive their misdeeds… Misguided for certain, and unusual within a “don’t rock the boat” company like Dow… Right? Well, […]
GateHouse Media Inc. (NYSE: GHS) has agreed to acquire four daily newspapers from Gannett (NYSE: GCI) for $410 million in cash. The papers are: Norwich Bulletin in Connecticut, Rockford Register Star in Illinois, Observer-Dispatch in Utica, N.Y., and The Herald, Dispatch in Huntington, West Virginia. GateHouse was acquired by Fortress Investment Partners in 2005 from […]
Senior Care Centers of America Inc., a Trevose, Pa.-based provider of daytime healthcare services for adults, has acquired Brookhaven, Pa.-based Generations Adult Day Center. No financial terms were disclosed. Clearview Capital acquired a majority stake in SCCA late last year. www.seniorcarectrs.com
Technorati Inc., a San Francisco
Entropic Communications Inc., a San Diego-based provider of home networking for digital entertainment, has agreed to acquire RF Magic Inc., a San Diego