Palamon Capital Partners has sold theme park Mobie Park Germany to Spanish entertainment operator Parques Reunidos. No financial terms were disclosed. Palamon acquired Mobie Park Germany in 2004, as one of six theme parks bought from Six Flags. It sold the other six in 2006.
H.I.G. Capital has acquired a control stake in First Capital, a Boca Raton, Fla.-based provider of asset-based lending and factoring to small and mid-sized companies. Participating alongside H.I.G. were affiliates of Morgan Stanley Alternative Investment Partners and JP Morgan Asset Management. No financial terms were disclosed.
CHICAGO (Reuters) – The Chicago Board Options Exchange, the biggest and oldest U.S. options market, is planning an initial public offering of at least $292 million, according to a regulatory filing on Tuesday. The planned CBOE offering comes as the U.S. market for IPOs is struggling. The Greek debt crisis and the May 6 unexplained […]
PARIS (Reuters) – The board of French protective clothing maker Sperian Protection (SPEP.PA) plans to announce its choice of a rival bidder to Cinven on Wednesday, a source familiar with the matter told Reuters. The offer will be presented at a shareholders meeting later on Wednesday, the source said. French holding company Menelas, owned by […]
MELBOURNE (Reuters) – Private equity firm Blackstone Group LP (BX.N) said on Wednesday it was setting up a presence in Australia to target attractive opportunities, joining other LBO firms in an island of solid economic prospects. “We are establishing a presence here to integrate the firm into the local business community, seeking opportunities to invest […]
Aurora Capital Group has acquired four Midwestern steel service center facilities, and merged them into a single entity known as New Star Metals. No financial terms were disclosed.
Ipreo, a provider of market intelligence and productivity solutions to corporations and I-banks, has acquired BuysideIQ, a provider of online investor targeting solutions. No financial terms were disclosed. Ipreo is majority-owned by Veronis Suhler Stevenson.
Nautic Partners has completed its previously-announced sale of Medegen, a Scottsdale, Ariz.-based developer of infusion therapy solutions, to CareFusion Corp. (NYSE: CFN). The deal was valued at $225 million in cash. Nautic reports that the deal provides it with a 3.5x cash-on-cash return.
QCSA Holdings, a vehicle remarketing and total loss claims management company, has acquired Salvage Direct, salvage re-marketing company. No financial terms were disclosed. QCSA is owned by private equity firm Kinderhook Industries.
TSG Consumer Partners has agreed to sell Smashbox Beauty Cosmetics Inc. to The Estée Lauder Companies Inc. (NYSE: EL). No financial terms were disclosed.