Blackstone to sell AVINTIV to Berry Plastics for about $2.45 bln

Berry Plastics Group Inc has agreed to acquire AVINTIV from The Blackstone Group LP for about $2.45 billion. The deal is expected to be completed by the end of the year. Credit Suisse and Barclays provided financial advice to Berry Plastics on the transaction while Citi and BofA Merrill Lynch did likewise for AVINTIV and Blackstone. Headquartered in Charlotte, North Carolina, AVINTIV is a specialty materials provider used in infection prevention, personal care, and high-performance solutions.


Veritas Capital to buy Alion

Veritas Capital said Thursday it has agreed to buy Alion Science and Technology Corp. Financial terms weren’t announced. Mclean, Virginia-based Alion provides engineering solutions and services that address issues relating to national defense, homeland security and other government areas. Credit Suisse and Wells Fargo advised Alion.


Nestlé Purina to buy Merrick Pet Care from Swander Pace

Swander Pace Capital is selling Merrick Pet Care to Nestlé Purina PetCare. Other sellers include company founder Garth Merrick, Monitor Clipper Partners and Highland Consumer Partners. No financial terms were disclosed. Credit Suisse provided financial advice to Swander Pace on the deal. Based in Amarillo, Texas, Merrick Pet Care is a natural and organic pet food company.

Immunocore racks up $320 mln

UK-based biotech company Immunocore Limited has closed $320 million in funding. The investors included Woodford Investment Management, Malin Corporation plc, Eli Lilly and Company and RTW Investments. Credit Suisse served as advisor to Immunocore on the transaction.


Delphix scores $75 mln

Fidelity Management and Research Company has led a $75 million funding round for Delphix, a Data as a Service provider. Other investors included Credit Suisse NEXT Investors LLC, The Kraft Group, Greylock Partners, Lightspeed Venture Partners and Icon Ventures.

Gridiron Capital promotes Hausberg to managing director

Gridiron Capital has promoted William Hausberg to managing director. Hausberg is responsible for sourcing and evaluating investment opportunities, performing due diligence and participating in the structuring, negotiation, financing and closing of investments. He is a director on the boards of several Gridiron portfolio companies and assists the management of Motion Recruitment Partners, Counsel on Call, Performance Health and Dent Wizard. Prior to Gridiron, Hausberg worked at a middle market private equity firm, Before private equity, Hausberg worked as an analyst at Credit Suisse.


Partners Group to acquire Knowledge Universe’s U.S. early childhood education unit

Partners Group has agreed to buy Knowledge Universe‘s U.S. early childhood education business. No financial terms were disclosed for the transaction that is expected to be completed later this year. Joel Schwartz, private equity managing director at Partners Group will join KUE LLC’s board after the deal closes. Credit Suisse, Barclays, BMO Capital Markets, Goodwin Procter LLP and KPMG LLP are advising Partners Group on the deal. KUE LLC is the parent company of KinderCare Learning Centers.


FFL to sell garage doors maker CHI to KKR

KKR is buying Arthur, Illinois-based C.H.I. Overhead Doors, a maker of residential and commercial garage doors. The seller is FFL. No financial terms were disclosed. Barclays and Credit Suisse provided financial advice to CHI and FFL on the transaction.


Apollo to acquire OM Group for $34 per share

Apollo Global Management LLC has agreed to acquire OM Group, a diversified industrials company, for $34 per share in cash. Also, Platform Specialty Products will buy OM Group’s electronic chemicals and photomasks business from Apollo in two separate deals for a total cash consideration of $365 million. Following these transactions, Apollo will own OM Group’s magnetic technologies, battery technologies and advanced organics businesses. BNP Paribas is serving as financial advisor to OM Group while Deutsche Bank Securities Inc is doing likewise for OM Group’s board of directors. Also, Lazard and Credit Suisse are serving as financial advisors to Apollo.

Crosswinds appoints McCormick as interim CFO

Crosswinds Holdings Inc has named Susan McCormick as interim chief financial officer. The appointment becomes effective June 1. McCormick’s work background includes stints at CIBC, Credit Suisse and Yahoo! Canada.


Cerberus sells Silverleaf Resorts to Orange Lake Holdings

Cerberus Capital Management has sold Silverleaf Resorts Inc to Orange Lake Holdings. No financial terms were disclosed. Credit Suisse provided financial advice to Silverleaf and Cerberus on the transaction. Silverleaf Resorts is a vacation ownership company.

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