Michael Phelps is a mere mortal (as, apparently, are most VCs when it comes to fundraising), the big boys head into the A-rounds and the despised dividend recap rears its ugly head again--just in time to make Roark Capital LPs smile! This, and more journalistic medal winners, in peHUB's Top 10.
Slow continues to be the word this summer as the number of transactions dropped nearly 43%
RoundTable Healthcare Partners said Friday that it has sold Aspen Surgical Products Holding to Hill-Rom Holdings in a deal valued at $400 million. Caledonia, Mich.-based Aspen Surgical makes disposable medical products focused primarily on staff and patient safety in the operating room and sterile processing department. RoundTable acquired a majority stake in Aspen in August […]
U.S. car parts maker Delphi Automotive Plc won EU regulatory clearance on Friday to buy FCI Group‘s motorised vehicles unit for about $972 million from private equity firm Bain Capital, Reuters reported Friday. (Reuters) – U.S. car parts maker Delphi Automotive Plc won EU regulatory clearance on Friday to buy FCI Group’s motorised vehicles unit […]
Modern HC Pharmacy, a newly formed portfolio company of Altamont Capital Partners, has acquired the specialty pharmacy assets of A-Med Health Care. Terms of the deal, which closed July 24, were not announced. Intrepid Investment Bankers advised A-Med. Huntington Beach, Calif.-based A-Med is a provider of medical supplies and specialty pharmaceuticals. PRESS RELEASE Intrepid […]
Odyssey Investment Partners has acquired L-com Inc., a North Andover, Mass.-based provider of wired and wireless connectivity products to original equipment manufacturers, system integrators and network installers. Terms of the deal were not released. PRESS RELEASE Odyssey Investment Partners, LLC announced today that it has acquired L-com, Inc., a leading provider of wired and wireless […]
CVR Energy Inc., majority owned by investor Carl Icahn, said it did not receive any credible acquisition offers during its 60-day sale process despite contacting more than 30 potential bidders. Icahn, who now owns about 82% of the crude oil refiner after his $30 per-share tender offer secured majority shareholder support, had called for the […]
Australian surfwear company Billabong International said on Friday a takeover offer from TPG Capital worth A$694 million ($712 million) was too low, but it would still open its books to the private equity firm. Billabong said there was no guarantee that a transaction would be agreed after TPG had seen the retailer’s books, Reuters wrote. […]
In what the company is characterizing as one of the largest land purchases in the history of Lee County, Fla., Private Equity Group has purchased parcels totaling 5,187 acres from Alico-Agri, a subsidiary of the publicly traded, Florida-based agribusiness Alico. Private Equity Group is a private equity fund based in Fort Meyers, Fla. Terms of […]
The Atlanta-based modular carpet maker Interface is selling its Bentley Prince Street division to the private equity firm Dominus Capital in a transaction valued at $35 million. L.A-based Bentley Prince as been part of Interface since 1993 and is best known for its broadloom rugs. PRESS RELEASE: Interface, Inc. IFSIA +7.11% , the world’s largest […]