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
Graceway Pharmaceuticals, a Bristol, Tenn.-based drug company owned by GTCR, has completed its $875 million acquisition of 3M's pharmaceuticals operations in the U.S., Canada and Latin America. Graceway also has subsumed fellow GTCR portfolio company Chester Valley Pharmaceuticals. www.3m.com www.gtcr.com
Healthy Foods Holdings, a portfolio company of Catterton Partners, has completed its acquisition of Van's International Foods Inc., a Vernon, Calif.-based maker and marketer of Van's Waffles. No financial terms were disclosed. www.vanswaffles.com www.cpequity.com
As I begin to hoist myself back into the saddle (email is a curse), take a gander at the first set of year-end 2006 data from the National Venture Capital Association and Thomson Financial. This one is VC-backed IPOs and M&A volume: Q406exitpoll_final.doc
Medical Consultants Inc., a company backed by Boston-based Parthenon Capital, has completed its merger with Advanced Data Processing Inc., bringing together two companies that provide medical billing services. Medical Consultants provides billing services to the emergency room departments of hospitals and physician groups; Advanced Data Processing provides billing services to emergency medical services agencies in […]
Protection One Inc. (OTC BB: PONN), a home security alarm company majority-owned by Quadrangle Group, has agreed to acquire Integrated Alarm Services Group Inc. (Nasdaq: IASG) for approximately $212 million (including $125 million in assumed debt). www.protectionone.com
Sensata Technology BV, an Attleboro, Mass.-based portfolio company of Bain Capital, has completed its acquisition of Honeywell's First Technology Automotive and Special Products (FTAS) business. Sensata secured a Euro 73 million credit facility extension to help finance the deal, although additional transaction terms were not disclosed. www.sensata.com www.honeywell.com