Madison Dearborn to Buy NFP for $1.3 Bln

Madison Dearborn Partners has agreed to buy National Financial Partners in a deal valued at about $1.3 billion. Terms of the deal call for NFP shareholders to receive $25.35 in cash for each share of NFP common stock they own. Deutsche Bank Securities, Morgan Stanley Senior Funding and UBS Securities are providing debt financing. NFP is a benefits, insurance and wealth management business. BofA Merrill Lynch advised NFP’s board while UBS acted as financial advisor to Madison Dearborn.

Madison Dearborn Invests in Aderant Holdings

Madison Dearborn Partners said Monday it has agreed to invest in Aderant Holdings. The sellers are Vista Equity Partners and company management, which will retain “significant” ownership positions. Financial terms weren’t announced. MDP is buying about half of Vista Equity’s and Aderant management’s stakes, the statement says. Atlanta-based Aderant provides business management software for law and professional services firms. BofA Merrill Lynch provided financial advice to MDP, while BMO Capital Markets and Marks Baughan advised Aderant and Vista.

Platinum Equity Closes Sale of BWAY

Platinum Equity has completed its $1.24 billion buy of BWAY Parent Co. The seller was Madison Dearborn Partners. Goldman, Sachs & Co., Barclays and Deutsche Bank Securities provided financial advice to BWAY. Bookrunners for debt financing were Bank of America Merrill Lynch, Deutsche Bank and Goldman Sachs. Atlanta-based BWAY makes paint and aerosol cans as well as steel open and tight-headed pails.

Madison Dearborn Makes Nearly 2x Their Money on BWAY

It only took two years for Madison Dearborn Partners to nearly double its money on BWAY Parent Co.
Platinum Equity said earlier this week that it agreed to buy BWAY, an Atlanta packaging company, for $1.24 billion. The sale is expected to close in fourth quarter.

Campbell Soup Closes Bolthouse Buy

Campbell Soup Co. has completed its buy of Bolthouse Farms in a deal valued at $1.55 billion cash. The seller was Madison Dearborn Partners. Bakersfield, Calif.-based Bolthouse is a food and beverage company/ PRESS RELEASE Campbell Soup Company (NYSE:CPB) today announced it has completed the acquisition of Bolthouse Farms from a fund managed by Madison […]

Madison Dearborn to Buy Schrader Unit from Tomkins for $505 Mln

Tomkins, which is backed by Onex Corp. and Canada Pension Plan Investment Board, has agreed to sell its Schrader division to Madison Dearborn Partners. The sale price is $505 million cash, plus a small minority equity interest in the parent of the purchasing company. The deal is expected to close in the second quarter. Schrader […]

Crown Castle Buys NextG Networks

Crown Castle International Corp. will buy privately held NextG Networks Inc. for about $1 billion, Reuters reported. NextG, which is owned by a group of investors led by Madison Dearborn Partners, operates thousands of distributed antenna systems in major U.S. cities including New York and Chicago, Reuters wrote. Crown Castle is a publicly traded wireless tower company.

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