BVK Holdings, publisher of New Track Media, has acquired CK Media LLC, publisher of quilting, sewing, and scrapbooking magazines. No financial terms were disclosed. BVK is a portfolio company of Boston Ventures.
Pomona Capital has closed its seventh PE secondaries fund with $1.3 billion in capital commitments, according to AltAssets. It had been targeting $1 billion.
PARIS (Reuters) – U.S. investment company Starwood Capital Group Global LP said it was buying around 240 of the 260 hotels run by loss-making hotel operator Golden Tulip for an undisclosed amount. Golden Tulip Hospitality Group, which went into voluntary receivership earlier this year, had at one time been discussing a possible merger with Apollo […]
Advantage Partners, a Japanese private equity firm, said on Tuesday it hopes to find a buyer for the convenience store chain am/pm Japan by September and wants to list soft drinks maker Pokka Corporation next year. Plans for am/pm to be acquired by Lawson Inc (2651.T: Quote, Profile, Research, Stock Buzz), Japan’s second-largest convenience store […]
Insphere Insurance Solutions has been launched by The Blackstone Group, Goldman Sachs and Credit Suise. It will offer life, health, long-term care and retirement products for small businesses and the middle-income market, and be run by former New York Life vice chairman Phillip Hildebrand. No financial terms were disclosed.
Roark Capital Group has agreed to acquire Pet Valu Inc. (TSX: PVC), a North American pet supplies retailer. The deal is valued at approximately C$143.7 million, or C$13.68 per Pet Valu share (4.8% premium to Friday's closing trade).
BLI Messaging, a Providence, R.I.-based provider of email, voice, fax and text messaging marketing solutions, has raised an undisclosed amount of private funding from Catalyst Investors.
Pegasus Capital Advisors has acquired a 51% equity stake in Hain Pure Protein, with Hain Celestial Group Inc. (Nasdaq: HAIN) to retain the other 49 percent. Hain Pure Protein produces natural, organic and antibiotic-free chicken and turkey products.
American Capital has agreed to sell People Media, operator of targeted dating websites, to Match.com, a unit of IAC (Nasdaq: IACI). The all-cash deal is valued at $80 million. People Media had $11.6 million in 2008 EBITDA.
Telegraph Hill Partners has acquired a majority stake in Nexus Biosystems Inc., a Poway, Calif.-based provider of automated sample management systems. No financial terms were disclosed.