Southcross Energy Partners LP and Southcross Holdings attract $175 mln

Southcross Energy Partners LP and Southcross Holdings LP have secured $175 million in funding. The investors were Charlesbank Capital Partners, EIG Global Energy Partners and Tailwater Capital. Dallas-based Southcross Holdings owns and operates midstream energy assets while Southcross Energy Partners LP is a master limited partnership.

Peacock Engineering closes L&L Foods buy

Peacock Engineering Co., a portfolio company of Charlesbank Capital Partners, said Monday it completed its buy of L&L Foods. CIC Partners was the seller Financial terms weren’t announced. Anaheim, California-based L&L provides high-volume, single-serve/portion-control packages of food products.


PE-owned Peacock Engineering Company to acquire L&L Foods

Peacock Engineering Company, a portfolio company of Charlesbank Capital Partners, has agreed to buy L&L Foods. No financial terms were disclosed for the transaction that is expected to be completed by the end of the month. PricewaterhouseCoopers provided financial advice to Peacock and Charlesback on the deal while Houlihan Lokey did likewise for L&L Foods. Based in Anaheim, California, L&L Foods is a provider of portion-control food packaging solutions.


Charlesbank, M/C Partners to buy Acxiom IT

Acxiom said Wednesday that it agreed to sell its IT Infrastructure Management business (Acxiom IT) to Charlesbank Capital Partners and M/C Partners for total cash consideration of up to $190 million. The $190 million is comprised of $140 million in cash at closing and up to $50 million in contingent payments subject to certain performance metrics.


HGGC, Charlesbank to sell Citadel Plastic in $800 mln deal

HGGC and Charlesbank Capital Partners said Monday they have agreed to sell Citadel Plastic Holdings to A. Schulman in a deal valued at $800 million. The transaction is expected to close in second quarter. West Chicago, Illinois-based Citadel provides thermoplastic and engineered composite compounds.


PE-owned HDT Global acquires DHS Technologies

HDT Global, a portfolio company of Charlesbank Capital Partners, has acquired DHS Technologies LLC from Kanders & Company. No financial terms were disclosed. DHS is a provider of rapidly deployable expeditionary equipment.


Charlesbank Capital Partners acquires HDT Global from Metalmark Capital

Charlesbank Capital Partners has acquired HDT Global, a provider of solutions for government, military, commercial and industrial customers, based in Solon, Ohio. Charlesbank purchased the company from Metalmark Capital. The existing management team is making a significant co-investment in the transaction. Financial terms were not disclosed.


Charlesbank agrees to sell The Princeton Review

Charlesbank Capital Partners has agreed to sell test preparation and college admission services company The Princeton Review to Tutor.com, an operating business of IAC. The deal is expected to close on Aug. 1, 2014, subject to closing conditions. Terms of the deal were not disclosed.

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Top 10 posts

Trending on peHUB this week: 500 Startups openly markets new fund, Harvard and Nebraska Investment Council post job openings, and Formation 8 grabs spotlight.


Zayo Group files for IPO – Reuters

Fiber network company Zayo Group Holdings filed with U.S. regulators to raise up to $100 million in an initial public offering, writes Reuters. Zayo is backed by GTCR, Oak Investment Partners, M/C Partners, Columbia Capital and Charlesbank Capital Partners.


Fast-food chain Del Taco explores sale: Reuters

U.S. fast-food chain Del Taco, which specializes in Mexican cuisine as well as American favorites like burgers and fries, is in the early stages of exploring a sale that could fetch more than $500 million, Reuters reported.

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