Skrill, formerly known as Moneybookers, the online payment company run by Investcorp, spent up to €140m to acquire paysafecard.com Wertkarten AG, an Austrian company that provides prepaid vouchers for consumers to spend online. PRESS RELEASE: Investcorp portfolio company Skrill agrees to buy Austria’s paysafecard for up to €140m London, June 28, 2012 – Skrill (formerly […]
Blackstone and BC Partners will not table a fresh bid for frozen foods group Iglo, leaving owner Permira in control of the subject of one of Europe’s largest buyouts and eyeing a refinancing to pay itself a hefty dividend, Reuters reported, citing people familiar with the situation said. The decision by Blackstone and BC Partners […]
GCP, a provider of blended equity and debt to UK small to medium sized businesses, has backed the MBO of Excelsior Technologies from its North American shareholder. The business is a North Wales-based flexible packaging manufacturer. PRESS RELEASE GCP, the provider of blended equity and debt to the UK’s small to medium sized businesses, has […]
MidOcean Partners and Crestview Partners are to sell OneLink Communications for an enterprise value of $585.25 million. Liberty Global and Searchlight Capital Partners will be acquiring the business which provides cable TV, high-speed data and telephony services in Puerto Rico. MidOcean and Crestview, together with co-investors and management, acquired OneLink in October 2005 from Adelphia […]
Hudson Ferry Capital has backed ALCOM. The business, based in Winslow, Maine, designs and manufactures specialty aluminum trailers that are sold primarily in the United States and Canada. PRESS RELEASE Hudson Ferry Capital is pleased to announce that it has made an investment in ALCOM, LLC. ALCOM, based in Winslow, Maine, designs and manufactures specialty […]
Falfurrias Capital Partners has agreed to sell its ownership stake in Synergetic. A Pike Electric Corp. subsidiary is the buyer. Financial terms weren’t announced. The deal is expected to close July 2. Charlotte, N.C.-based UC Synergetic provides energy and communications engineering, consulting and technical services. BlackArch Partners advised Falfurrias. PRESS RELEASE Falfurrias Capital Partners, a […]
Graham Partners has led an investor group to buy Henry Co. Financial terms weren’t disclosed. OceanBridge Partners, members of current management, and the company’s former owners were also part of the buying group. The sellers were AEA Investors and other minority shareholders. El Segundo, Calif.-based Henry makes roofing and building envelope products and systems. PRESS […]
U.S. buyout firm KKR & Co Ltd has agreed to buy a majority of Australia’s GenesisCare in a deal which values the company at up to A$600 million ($602 million), two sources with knowledge of the matter told Reuters. KKR took a stake of 63% in the company as it looks to tap into the […]
Rugby Architectural Building Products, a New Hampshire-based company that distributes architectural wood products, decorative surfacing, doors, and millwork, has acquired Lumber Products, an Oregon-based industrial building products and door distributor, through its stalking horse bid under Section 363 of the US Bankruptcy Code. Rugby is a portfolio company of Leading Ridge Capital Partners, a private equity […]
Falfurrias Capital Partners, a Charlotte, N.C.-based private equity firm, is selling its stake in the Charlotte-based engineering consultancy UC Synergetic to Pike Electric Corp in a cash deal valued at $70 million. PRESS RELEASE: Falfurrias Capital Partners, a Charlotte-based private equity firm, today announced it has signed a definitive agreement to sell its ownership interest […]