Crestview invests in Arix Capital

Crestview Partners said Wednesday that it has agreed to invest in Arxis Capital Group. Financial terms were not disclosed. New York-based Arxis is an electronic market maker. Sandler O’Neill and Partners advised Arxis.


Crestview Partners to sell Stackpole International for $659 mln

Johnson Electric Holdings Ltd. has agreed to buy the Stackpole International group of companies in a deal valued at C$867 million (US$659 million). Ontario-based Stackpole, which supplies engine and transmission pumps and powder metal components primarily for automotive applications, is majority owned by Crestview Partners. Perella Weinberg Partners LP advised Johnson Electric.


PE-owned NEP files for IPO

Pittsburgh-based mobile teleproduction services provider NEP Group Inc has filed for an IPO. The number of shares that will be sold as well as the stock’s pricing terms have yet to be set. The company plans on listing the stock on the New York Stock Exchange under the ticker symbol “NEPG.” Barclays and Morgan Stanley are serving as the lead underwriters. NEP is owned by Crestview Partners.

NEP Group buys Outside Broadcast, RecordLab

NEP Group Inc. said Wednesday that it has acquired Outside Broadcast NV and RecordLab TV & Media GmbH. Financial terms weren’t announced. Belgium-based Outside Broadcast provides solutions for outside broadcast. RecordLab, of Germany, supplies outside broadcast solutions for the sports and entertainment industries. Crestview Partners owns NEP.


Crestview Partners buys JR Automation

Crestview Partners has acquired JR Automation from Huizenga Automation Group LLC. No financial terms were disclosed. Based in Holland, Michigan, JR Automation is a provider of automated manufacturing system solutions.


PE-owned NEP acquires The Screen Scene Group

NEP Group Inc, which is owned by Crestview Partners, has bought The Screen Scene Group, an Irish supplier of post production and live broadcast facilities. No financial terms were disclosed.

mystery man

Who is buying Situs Holdings?

Ranieri Partners is close to announcing the sale of Situs Holdings. The buyer is a very large private equity firm that is well known in the mortgage services space, peHUB has learned.

PE-owned NEP acquires Faber Audiovisuals

NEP Group, which is owned by Crestview Partners, has acquired Faber Audiovisuals. No financial terms were disclosed. Based in the Netherlands, Faber, which was previously owned by Foreman Capital, is a provider of audiovisual production solutions.


Cott completes DSS Group acquisition for $1.25 bln

Cott Corp. has closed its buy of DSS Group, parent company of DS Services. The price of the transaction was about $1.25 billion. The sellers include Crestview Partners. Headquartered in Atlanta, DS Services is a provider of bottled water, office coffee and water filtration services.


Crestview forms artificial lift platform

Crestview Partners has formed a strategic relationship with family office B-29 Investments to form Endurance Lift Solutions, a platform for investments in the artificial lift industry. As part of the agreement, Crestview and funds affiliated with B-29 will invest up to $200 million in the equity of Endurance Lift. Crestview will use capital from its third fund, which has been in the market targeting $3 billion. Endurance will deploy capital to artificial lift companies to help them expand into the next stage of growth.


Cott Corp to buy DSS Group for $1.25 bln

Cott Corp. has agreed to buy DSS Group, parent company of DS Services, which is backed by Crestview Partners. The price of the transaction is about $1.25 billion. Credit Suisse provided financial advice to Cott on the deal while Barclays was financial advisor to DSS. Headquartered in Atlanta, DS Services is a provider of bottled water, office coffee and water filtration services. The deal is expected to close by the end of January 2015.


H.I.G. Capital’s Surgery Partners completes Symbion buy

Surgery Partners, a portfolio company of H.I.G. Capital, has closed its acquisition of Symbion Holdings for $792 million. Jefferies served as financial advisor to Surgery Partners and provided committed debt financing for the transaction while Morgan Stanley was financial advisor to Symbion. Symbion, which was backed by Crestview Partners, runs a national network of short stay surgical facilities.


H.I.G. Capital-backed Surgery Center to buy Symbion Holdings

Surgery Center Holdings, backed by H.I.G. Capital, has agreed to acquire Crestview Partners-backed Symbion Holdings Corporation for a total purchase price of $792 million. The deal is subject to closing conditions and regulatory approvals. The combination will create a portfolio of about 100 healthcare facilities.

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