Now updated with ACG/Thomson press release and underlying data Last month, I asked PE Week Wire readers (become one here) to participate in the Bi-Annual ACG/Thomson DealMakers Survey. The official results come out tomorrow, but since everyone was so generous with their time, we got a sneak peak: Ninety-three percent of respondents (1,230 in all) believe that the current […]
Tranzact, a Fort Lee, N.J.-based provider of customer acquisition solutions to the financial services and media and telecom sectors, has acquired The Credo Group, a Warminster, Pa.-based provider of e-distribution services to the insurance industry. No financial terms were disclosed. Tranzact is a portfolio company of Halyard Capital. www.tranzact.net
Renal Advantage Inc., a Brentwood, Tenn.-based provider of dialysis services, has completed its previously-announced acquisition of RenaLab from Fresenius Medical Care North America. No financial terms were disclosed. RenaLab is a Jackson, Miss.-based independent clinical laboratory with administrative offices in Nashville. Renal Advantage is backed by Welsh, Carson, Anderson & Stowe. www.renaladvantage.com
I was on CNBC this morning for a 2007 buyout market outlook segment (video link here), but we ended up mostly talking about whether or not Home Depot will go private. For the record, I think there is better than a 50/50 chance of Home Depot receiving a bid – and a similar likelihood that […]
DTN Information Services, an Omaha, Neb.-based provider of information services for the agricultural and energy markets, has acquired The Progressive Farmer magazine from Time Inc. No financial terms were disclosed. DTN is a portfolio company of Veronis Suhler Stevenson. www.dtn.com
Healthy Foods Holdings, a portfolio company of Catterton Partners, has agreed to acquire CoolBrands Dairy Inc., maker of yogurt products under the Breyers and Creme Savers brands, from CoolBrands International Inc. (TSX: COB.A). No financial terms were disclosed. www.cpequity.com
Hanley Wood Inc., a Washington, D.C.
Elder Health Inc., a Baltimore-based provider of health coverage for the elderly, has agreed to acquire Health Partners' senior partners Medicare line of business in Philadelphia and surrounding counties. No financial terms were disclosed. Elder Health last year raised $52.5 million in private funding from firms like New Enterprise Associates. www.elderhealth.com
Swett & Crawford, an Atlanta-based wholesale insurance broker, has acquired the assets of Oxbridge Insurance Associates Inc., a Morristown, N.J.-based property and casualty wholesale broker and managing general agent. Swett & Crawford is owned by its employees, HM Capital Partners and Banc of America Capital Investors. www.swett.com
Nycomed AS, a Danish drug company, has completed its acquisition of Altana AG's pharmaceuticals business for approximately