GTCR closes Fundtech sale

GTCR said Friday it closed its sale of portfolio company, Fundtech, to DH Corp. The deal was valued at about $1.25 billion New York-based Fundtech provides software that facilitates payment processing, cash management, and financial messaging products for financial institutions and corporate customers. Barclays and RBC Capital Markets LLC advised Fundtech.

Permira to sell Iglo Group to Nomad for 2.6 bln euros

Permira has agreed to sell Iglo Foods Holdings Limited to Nomad Holdings Limited for 2.6 billion euros. The deal is expected to close in the second quarter of this year. Centerview Partners was exclusive financial advisor to Permira while Barclays and UBS Investment Bank were financial advisors to Nomad. Europe-based Iglo Group is a provider of frozen food.

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CCMP-backed Milacron files to go public

Milacron Holdings Corp. has filed to raise up to $100 million via initial public offering. Milacron is a Cincinnati-based plastics processing and industrial fluids company that is owned by CCMP Capital Advisors. Milacron did not disclose the shares it would offer or their price range. BofA Merrill Lynch, Barclays and J.P. Morgan are acting as joint lead book-runners on the IPO.

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GTCR to sell Fundtech to DH Corp. for $1.25 bln

GTCR said Monday that it has agreed to sell Fundtech to DH Corp. for about $1.25 billion cash. The deal is expected to close in second quarter. New York-based Fundtech provides transaction banking software and services. Barclays and RBC Capital Markets LLC provided financial advised to Fundtech.

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peHUB Second Opinion

In Second Opinion, Connecticut is reported to ban state-funded travel to Indiana over anti-gay law, Jay-Z relaunches new Tidal music service and George Soros says he will invest $1 billion in the Ukraine if the West helps.

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Carlyle closes two CLO funds at about $1.2 bln

The Carlyle Group has closed two CLO funds in the U.S. and Europe at about $1.2 billion. Morgan Stanley arranged the $670  million U.S. CLO while Barclays arranged the $527 million European CLO. Both CLOs will focus mostly on senior secured bank loans.

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Centerbridge completes IPC acquisition

Centerbridge Partners has closed its previously announced buy of IPC Systems, a Jersey City, New Jersey-based provider of network services and trading communication technology for the financial markets. No financial terms were disclosed although previous reports said the price of the transaction would be about $1.2 billion. The seller was Silver Lake Partners. Evercore and Goldman Sachs advised IPC while Barclays and Credit Suisse Securities (USA) LLC advised Centerbridge.

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Forbes Private Capital hires Barclays executive Maureen Kerr

Maureen Kerr has joined Forbes Private Capital Group as a senior managing director in its New  York office. Kerr will be responsible for insurance coverage in the Americas, Europe and Asia. Prior to Forbes, she worked as a director with Barclays where she developed and managed the Japanese Yen private placement platform.

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Madison Dearborn Partners to acquire Walgreens Infusion Services

Madison Dearborn Partners has agreed to buy a majority stake in Walgreens Infusion Services, a provider of home and alternate treatment site infusion services. No financial terms were disclosed for the transaction that is expected to close during the second quarter of calendar 2015. BofA Merrill Lynch provided financial advice to Walgreen Co. while Barclays, Deutsche Bank and Goldman Sachs advised MDP.

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Centerbridge to buy IPC Systems for $1.2 bln

Centerbridge Partners has agreed to buy IPC Systems for about $1.2 billion. Silver Lake Partners is the seller. The deal is expected to close in January 2015. Jersey City, N.J.-based IPC provides network services and trading communication technology for the financial markets. Evercore and The Goldman, Sachs & Co. advised IPC. Barclays and Credit Suisse Securities provided financial advice to Centerbridge.

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GIC to buy IndCor from Blackstone for $8.1 bln

Blackstone said late Monday that it has agreed to sell IndCor Properties to GIC, Singapore’s sovereign wealth fund, for $8.1 billion. IndCor, as a result, will no longer be pursuing an IPO, the statement said. IndCor owns and operates a portfolio of 117 million square feet of industrial properties throughout the United States. Eastdil Secured, Citigroup, Barclays and RBC Capital Markets acted as advisors to Blackstone.

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Kelso and Estancia to acquire PE-owned American Beacon parent Lighthouse Holdings

Kelso & Company and Estancia Capital Management have agreed to buy Lighthouse Holdings, the parent company of American Beacon. No financial terms were disclosed for the transaction that is expected to be completed in the second quarter of 2015. RBC Capital Markets and Barclays are providing debt financing for the transaction. Sandler O’Neill + Partners is advising Kelso & Company and Estancia Capital Management while J.P. Morgan Securities is advising American Beacon. American Beacon is a provider of investment advisory services to institutional and retail markets. Lighthouse Holdings is owned by TPG Capital and Pharos Capital Group.

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