Nautic Partners sells Theorem to Chiltern

Chiltern International Inc has closed its acquisition of Theorem Clinical Research Inc from Nautic Partners. No financial terms were disclosed. Robert W. Baird & Co. was financial advisor to Theorem on the transaction. Based in King of Prussia, Pennsylvania, Theorem is a global clinical services provider.


Jordan Company, Nautic to exit Precision Engineered Products

The Jordan Company and Nautic Partners said Monday they have agreed to sell Precision Engineered Products Holdings Inc. to NN Inc. Financial terms weren’t announced. NN, in a separate statement, said it is paying $615 million for Precision Engineered. Attleboro, Massachusetts-based Precision Engineered makes highly engineered precision customized solutions, like reusable and disposable surgical devices, for the medical, electrical, transportation and aerospace end markets. Piper Jaffray & Company and Lincoln International acted as financial advisors to PEP.


Odyssey Behavioral Healthcare buys Pasadena Villa Psychiatric, Lifeskills South Florida

Odyssey Behavioral Healthcare said Thursday it acquired Pasadena Villa Psychiatric Residential Treatment Centers and Lifeskills South Florida. Both Pasadena Villa and Lifeskills provide adult residential and outpatient treatment services. Brentwood, Tennessee-based Odyssey is partnership between Nautic Partners LLC and CEO Scott Kardenetz. Nautic and Odyssey management plan to invest up to $50 million equity to support its growth strategy. MidCap Financial provided financing for the transaction. Brentwood Capital Advisors acted as financial advisor to Pasadena Villa, and The Braff Group provided financial advice to Lifeskills.


Nautic Partners buys S4T

Nautic Partners has acquired Source4Teachers, a provider of managed services focused exclusively on education. No financial terms were disclosed for the transaction that was done in partnership with S4T’s management. Houlihan Lokey was financial advisor to S4T on the transaction while Prudential Capital Group provided financing.


Nautic to acquire IPS Corp

Nautic Partners LLC has agreed to buy Compton, California-based IPS Corp, which provides solvent cements, specialty plumbing products and specialty adhesives. No financial terms were disclosed. GE Capital and LStar Capital provided financing for the deal while Robert W. Baird & Co. served as financial advisor to IPS.


Stone Point Capital to acquire Oasis Outsourcing

Stone Point Capital has agreed to buy Oasis Outsourcing, a portfolio company of Nautic Partners and Altaris Capital Partners. No financial terms were disclosed. The deal is expected to close by the end of 2014. Oasis is a provider of human resources solutions for small and medium-sized businesses.


Nautic Partners invests in All Metro Health Care Services

Nautic Partners has invested in All Metro Health Care Services, a home care agency providing services like light housekeeping, homemaking, bathing and grooming to seniors and high-needs individuals. Healthcare Finance Group led the financing for the transaction. Terms of the deal were not disclosed.


Hastings Equity Partners exits Advanced Precision Products

Hastings Equity Partners has sold Advanced Precision Products to Precision Engineered Products, which is owned by The Jordan Company and Nautic Partners. No financial terms were disclosed. Trudeau & Trudeau Associates provided financial advice to APP on the transaction. Based in Palmer, Mass., APP is a maker of components and products for the oil and gas, medical, aerospace, automotive, military and commercial OEM markets.


Highlander Partners sells Vidrio Holdings to Nautic Partners

Highlander Partners has completed the sale of Vidrio Holdings, Inc. and its operating subsidiary Custom Windows Systems, Inc., to Nautic Partners. Custom Windows Systems, based in Ocala, Florida, designs, makes and markets impact-resistant and non-impact windows and doors.

Nautic and FFC sell Genova

Nautic Partners and Ferrer Freeman & Company have sold Genova Diagnostics, Inc to Levine Leichtman Capital Partners and members of Genova management. Genova, founded in 1986, is a global specialty clinical laboratory.

MidOcean Buys Agilex from Nautic

MidOcean Partners has acquired a majority stake in Agilex Flavors & Fragrances. Financial terms weren’t announced. The seller was Nautic Partners. Piscataway, N.J.-based Agilex provides fragrance compounds and delivery systems sold primarily to manufacturers of air care, personal care, industrial and institutional and household products. Fidus Partners provided financial advice to Agilex.

Nautic Partners Acquires Superior Vision

Buyout firm Nautic Partners has acquired Superior Vision Holdings Inc., a Rancho Cordova, Calif.-based provider of vision insurance coverage. Terms of the deal were not released. Superior Vision was formed in 1993. PRESS RELEASE Nautic Partners LLC, a private equity firm with more than $2.5 billion of capital under management, and Superior Vision Holdings, Inc. […]

Precision Engineered Products Buys Endo-Surgical

Attleboro, Mass.-based Precision Engineered Products is acquiring Boston Endo-Surgical Technologies, a maker of spinal and orthopedic surgical instruments. Terms of the deal were not released. Precision Engineered Products is a portfolio company of the Jordan Company and Nautic Partners.

Slideshow: 5 Top Strategic Buyers Of Sponsor-Backed Companies

Corporations and other strategic buyers are presenting buyout shops with serious competition in today’s heated market, but they’re also supplying a rich source of exits, according to the Buyouts cover story, published June 20. As of June 13, strategic buyers around the world bought 15,825 companies, including full or partial stakes, with a combined value […]

Omnicare Clinical Now Theorem Clinical

Omnicare Clinical Research, a contract research organization owned by Nautic Partners, has re-named itself Theorem Clinical Research. Nautic bought the company in April, and the rebranding is part of the company’s separation from its former parent company. The company is based in King of Prussia, Pa. Nautic Partners is based in Providence, R.I.

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