Hellman & Friedman gets majority of Securitas Direct Verisure

By Luisa Beltran — 4 months ago

Hellman & Friedman has acquired Bain Capital’s stake in Securitas Direct Verisure Group. Financial terms weren’t announced. The deal gives Hellman & Friedman a majority shareholder position. Malmö, Sweden-based Securitas Direct provides professionally monitored home alarm systems through its Securitas Direct and Verisure brands.

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LDC backs UK shower brand Aqualisa’s management buyout

By Iris Dorbian — 5 months ago

UK private equity firm LDC has made an undisclosed investment to support shower brand Aqualisa‘s management buyout. The sellers were Bain Capital‘s credit affiliate Sankaty Advisors LLC and RBS. Also, LDC’s Andy Lyndon and Ben Snow will join Aqualisa’s board. Springboard Corporate Finance and CMS Cameron McKenna advised Aqualisa’s management team on the transaction while Catalyst Corporate Finance advised the sellers. PwC, CiL and Wragge Lawrence Graham & Co advised LDC.

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FIS to buy SunGard in $9.1 bln deal

By Luisa Beltran — 6 months ago

Fidelity National Information Services Inc (FIS) said Wednesday that it has agreed to buy SunGard in a deal valued at $9.1 billion, including the assumption of debt. Wayne, Pennsylvania-based SunGard is a financial software company with $2.8 billion in annual revenue. Seven private equity firms – Silver Lake, TPG, Bain Capital, KKR, Blackstone Group, Providence Equity Partners and Goldman Sachs’ private equity unit – acquired SunGard in 2005 in a $11.3 billion deal. BofA Merrill Lynch and Centerview Partners LLC acted as financial advisors to FIS. Goldman Sachs & Co., J.P. Morgan Securities LLC, Barclays, Deutsche Bank Securities Inc. and Credit Suisse acted as financial advisors to SunGard.

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Blue Coat buys Perspecsys

By Luisa Beltran — 7 months ago

Blue Coat Systems Inc., a Bain Capital portfolio company, said Thursday it acquired Perspecsys Inc. Financial terms weren’t announced. Intel Capital, Paladin Capital and Ascent Venture Partners are the sellers. Perspecsys Inc. provides enterprise cloud data protection solutions.

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