Hub International Ltd., a Chicago-based insurance brokerage, has agreed to acquire the assets of Unity Group Insurance, which has three offices in Ontario, Canada. No financial terms were disclosed. Hub was taken private earlier this month for $1.8 billion, by Apax Partners and Morgan Stanley Principal Investments. www.hubinternational.com
Interactive Technology Solutions LLC of Gaithersburg, Md. has agreed to acquire ITEQ Integrated Technologies Inc., a Silver Springs, Md.-based provider of IT services to the U.S. federal government. No financial terms were disclosed. IT Solutions counts Edgewater Funds among its minority shareholders. www.itsolutions-llc.com
TravelClick Inc., a Schaumburg, Ill.-based provider of hotel e-marketing solutions, has acquired Blue Square Studios, a Phoenix
Charlie Brown's Steakhouse, a portfolio company of Trimaran Capital Partners, has completed its $24 million acquisition of Atlanta-based restaurant chain Bugaboo Creek Steakhouse. www.charliebrowns.com
Sunshine Holdings Corp., a Scottsdale, Ariz.
Whole Foods Market (Nasdaq: WFMI) plans to sell all 35 Henry's and Sun Harvest store locations, and a Riverside, Calif. distribution center, to Smart & Final Inc., a Los Angeles-based food retailer owned by Apollo Management. The deal is contingent on Whole Foods prevailing in its current battle with the U.S. Federal Trade Commission, over […]
Connextions Inc., an Orlando, Fla.-based business process outsourcing firm, has acquired bConnected Software Inc., a Louisville, Colo.-based provider of technology solutions for the healthcare industry. No financial terms were disclosed. Connextions is a portfolio company of New Mountain Capital. www.connextions.com www.bconnected.com
CT Technologies Holdings, a portfolio company of ABRY Partners, has acquired Smart Document Solutions LLC from Arcapita for $185 million. Smart Document Solutions is an Alpharetta, Ga.-based provider of comprehensive health information management services and solutions to hospitals and physician clinics in the United States. Arcapita acquired a 90% stake in June 2002 for approximately […]
LVI Services Inc., a New York-based provider of environmental remediation and facility services, has acquired Mazzocchi Wrecking Inc., an East Hanover, N.J. demolition and wrecking company. No financial terms were disclosed. LVI is a portfolio company of Code Hennessey & Simmons. www.lviservices.com
Alta Partners has purchased 9.8 million shares of ATS Medical Inc. (Nasdaq: ATSI) common stock at $1.65 per share, in order to help finance ATS' acquisition of the surgical cryoablation business of CryoCath Technologies Inc. (TSX: CYT). Alta also will receive a warrant to purchase an additional 1.96 million shares at $1.65 per share. The […]