General Atlantic today announced that it has acquired Network Solutions, a Herndon, Va.-based provider of online solutions for small businesses, from Najafi Cos. (f.k.a. Pivotal Private Equity). So let’s play 5 Questions with Anton Levy, a managing director with General Atlantic and head of the firm’s media and consumer practice. 1. Network Solutions provides services […]
Am I the only one who’s beginning to think it’s in Blackstone’s best interest to lose the Equity Office deal? It has now raised its bid to $55.50 per share, which is 14.4% higher than its initial offer. So assume for a moment that Blackstone was originally expecting a 25% ROI from the deal – […]
I know it’s brisk outside, but there’s got to be some other reason for the recent spate of canceled PE-backed IPOs. Last Friday it was Tube City IMS, and today’s it’s Hyco International and Trident Resources Corp. No official explanations were given in any of the withdrawal filings, save for Trident’s lame notation about “market […]
CoreLogic Systems Inc., a Sacramento, Calif.-based provider of mortgage risk assessment and fraud prevention solutions, has merged with The First American Corp. (NYSE: FAF). The combined entity is majority owned by First American Corp. via its FARES LLC joint venture with Experian Group, while CoreLogic shareholders
Specialty European Pharma Ltd., a UK-based drug commercialization company, has raised
Aptuit Inc., a Greenwich, Conn.-based provider of streamlining and support services for drug developers, has completed its acquisitions of solid-state chemistry companies EaglePicher Pharmaceutical Services LLC and SSCI Inc. No financial terms were disclosed. Aptuit is backed by Welsh, Carson, Anderson & Stowe and Temasek Holdings. www.aptuit.com www.ssci-inc.com
Deep Nines Inc., a Dallas, Texas-based provider of network security solutions, has acquired Captus Networks Inc., a San Jose, Calif.
John Maneely Co., a portfolio company of The Carlyle Group, has agreed to acquire Sharon Tube Co., a Sharon, Pa.
Select Medical Corp., a Mechanicsburgh, Pa.-based portfolio company of Welsh Carson Anderson & Stowe and Thoma Cressey Equity Partners, has agreed to acquire HealthSouth Corp.'s Outpatient Rehabilitation division for approximately $245 million in cash. The division includes approximately 600 facilities in 35 states that provide rehab for general orthopedic and sports injuries. www.selectmedicalcorp.com www.healthsouth.com
Nutilux, a company controlled by Permira, is in talks to acquire a 74.05% stake in animal nutrition company Provimi from PAI Partners and CVC Capital Partners. The deal would be valued at around Euro 580 million. www.provimi.com