Wellspring Capital Management has announced a distribution to its limited partners of approximately 850,000 remaining shares of its investment in portfolio company Susser Holdings Corporation. Wellspring acquired Susser in December 2005 and took the Company public in October 2006. Corpus Christi, Texas-based Susser Holdings Corporation is a third-generation family-led convenience store business.
3 min read · 03 December 2012
Leonard Green & Partners is to acquire a controlling interest in CCC Information Services from Investcorp. CCC is a provider of advanced software and workflow tools to the insurance automotive claims and collision repair industries. Committed debt financing has been provided by certain affiliates of Goldman Sachs, including its principal mezzanine funds and J.P. Morgan.
3 min read · 03 December 2012
Fast Retailing is to acquire a majority stake in J Brand Holdings from Star Avenue Capital and J Brand management. J Brand is a fashion brand based in Los Angeles, California.
4 min read · 03 December 2012
ArmaGen Technologies has closed a $17 million Series A financing to support the development of brain-penetrating recombinant protein therapeutics. The lead investor is Boehringer Ingelheim Venture Fund, joined by Shire plc, Takeda Ventures, Inc., and Mitsui & Co. Global Investment, Inc.
4 min read · 03 December 2012
Avista Capital Partners has completed the sale of Anthony International to Dover Corporation for $602.5 million. Anthony is a global manufacturer of glass doors and related products serving the global commercial refrigeration market.
3 min read · 03 December 2012
Mindful eCycling has completed its acquisition of iPhonesIntoCash.com. iPhonesIntoCash.com pays consumers for used and broken iPhones. Terms of the transaction were not disclosed.
2 min read · 03 December 2012
Merit Medical Systems, a manufacturer of proprietary disposable medical devices has acquired Medigroup. Medigroup is a manufacturer of peritoneal dialysis catheters based in Illinois.
4 min read · 03 December 2012
Nexstar Broadcasting Group has announced the pricing of the previously announced sale by selling stockholders, funds affiliated with ABRY Partners of 8 million shares of the company’s Class A common stock at $9.25 per share. The offering consists entirely of secondary shares to be sold by the selling stockholders.
4 min read · 03 December 2012
Linsalata Capital Partners has added Brian Redpath as managing director and Mike Anderson as vice president at the firm. This summer, the firm raised $427 million for its seventh buyout fund, Linsalata Capital Partners Fund VI, L.P. exceeding its target of $425 million.
3 min read · 03 December 2012
Bufferbox has been acquired by Google. Bufferbox is a startup seeking to facilitate the online shopping delivery experience.
1 min read · 03 December 2012
