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EBay sells enterprise unit to Permira consortium: Reuters

E-commerce company eBay Inc (EBAY.O) said it was selling its enterprise business to a consortium led by private equity firm Permira for $925 million, as it streamlines its operations ahead of the separation from PayPal Holdings Inc (PYPLV.O).

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Permira closes Medora, Ideal Snacks buy

Permira said Wednesday it had closed its previously announced buy of Medora Snacks LLC and Ideal Snacks Holding Corp. Permira has combined Medora and Ideal under a holding company called BFY Holdings.

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Permira inks buy of Medora, Ideal Snacks

Permira said Wednesday that it agreed to buy Medora Snacks LLC and Ideal Snacks Holding Corp. Financial terms weren’t announced. Permira is combining the two companies under a single holding company, BFY Holdings I LLC. Middletown, New York-based Medora makes snacks like PopCorners, PopCorners Whole Grain and Pop Crinkles. Ideal, of Liberty, New York, is a contract manufacturer of popped snacks. Akin Bay Company LLC advsied Permira, while Houlihan Lokey was the advisor to Medora and Ideal.

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Nomad completes Iglo Group acquisition

Nomad Holdings Limited has closed its buy of European frozen food company Iglo Foods Holdings Limited for approximately 2.6 billion euros. The seller was Permira, which has re-invested 133.5 million euros of its sale proceeds into Nomad. Permira now owns about a 9 percent stake in Nomad.

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Permira to sell Iglo Group to Nomad for 2.6 bln euros

Permira has agreed to sell Iglo Foods Holdings Limited to Nomad Holdings Limited for 2.6 billion euros. The deal is expected to close in the second quarter of this year. Centerview Partners was exclusive financial advisor to Permira while Barclays and UBS Investment Bank were financial advisors to Nomad. Europe-based Iglo Group is a provider of frozen food.

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PE-backed Metalogix buys MetaVis

Metalogix, which is backed by Permira, has acquired MetaVis Technologies. No financial terms were disclosed. Signal Hill was financial advisor to MetaVis Technologies on the transaction. Based in Exton, Pennsylvania, MetaVis is a cloud collaboration service management platform provider.

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