Anthony, Things Remembered chairman, steps down

Things Remembered said Wednesday that its President and CEO Lisa Gavales was named chairman. Michael Anthony, who had been Chairman, President and CEO for eight years, has stepped down from the board. Cleveland-based Things Remembered is a personalized gift retailer that is backed by Madison Dearborn Partners.

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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.

PE-backed Q9 Networks appoints new president and CEO

Toronto-based Q9 Networks, a provider of outsourced data center infrastructure, has hired Karen Sheriff as president and CEO. The appointment becomes effective January 5, 2015. Sheriff is the former president and CEO of Bell Aliant. Q9 Networks is owned by an investor group that includes Ontario Teachers’ Pension Plan, Providence Equity Partners and Madison Dearborn Partners.

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Madison Dearborn Partners backs Complete Innovations

Complete Innovations has secured backing from Madison Dearborn Partners. Based in Markham, Ontario, Complete Innovations is a global provider of fleet, asset and mobile workforce management solutions to over 4,000 customers worldwide.

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TIAA-CREF to acquire Nuveen Investments

TIAA-CREF is to acquire Nuveen Investments, a diversified investment management company with approximately $221 billion in assets under management. TIAA-CREF is acquiring Nuveen from an investor group led by Madison Dearborn Partners for an enterprise value of $6.25 billion, inclusive of Nuveen’s outstanding debt.

Reuters – Jarden to Buy Yankee Candle

US consumer products company Jarden Corp has agreed to buy scented candle maker Yankee Candle Company for $1.75 billion, the Wall Street Journal reported, writes Reuters. Jarden is buying the company from private equity firm Madison Dearborn Partners, which acquired Yankee Candle for $1.6 billion in 2006.

Madison Dearborn Partners Completes NFP Acquisition

National Financial Partners Corp, a provider of benefits, insurance and wealth management services, has been acquired by Madison Dearborn Partners. NFP stockholders will receive $25.35 in cash for each share of NFP common stock they own, in a transaction with an equity value of approximately $1.3 billion, which includes the full value of NFP’s convertible debt.

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