Signal Hill Equity Partners has made an investment in Calgary-based City Wide Towing & Recovery Service, a provider of vehicle recovery services founded in 1963, to fuel the company's growth prospects and financial terms were not disclosed.
2 min read · 17 August 2015
Canada's Brookfield Infrastructure BIP.N said it will buy Australia's rail freight firm Asciano Ltd AIO.AX in a deal valued at about A$12 billion ($8.84 billion).
2 min read · 17 August 2015
Capital Vision Services LP has secured undisclosed equity funding from an investor group led by Atlas Partners and Caisse de dépôt et placement du Québec. CVS is provider of management services to optometry practices.
4 min read · 17 August 2015
MANN+HUMMEL has agreed to buy Affinia Group, an Ann Arbor, Michigan-based provider of replacement parts for on and off-road vehicles. No financial terms were disclosed. Robert W. Baird & Co served as financial advisor to Affinia on the transaction. Affinia is backed by Cypress Group, OMERS and Northwestern Mutual.
2 min read · 17 August 2015
KKR & Co’s Samson Resources Corp plans to file for Chapter 11 bankruptcy protection next month after reaching an agreement on a restructuring plan with key creditors on Friday, the Wall Street Journal reported, citing sources familiar with the deal.
2 min read · 14 August 2015
Activist investor Sandell Asset Management Corp said furniture retailer Ethan Allen Interiors Inc should consider selling itself to a private equity firm or monetize its real estate holdings, Reuters reported.
2 min read · 14 August 2015
Carlyle Group LP offered to buy Brazilian specialized assistance provider Tempo Participações SA for up to 718 million reais ($204 million) in what may be the private equity firm’s second deal in the country this year, Reuters reported.
1 min read · 14 August 2015
French shipping and transit company Geodis SA is near a deal to pay close to $800 million for U.S. contract shipping provider Ozburn-Hessey Logistics, in what would be the latest in a string of logistics tie-ups this year, Reuters reported, citing people familiar with the deal.
2 min read · 14 August 2015
A renewed slide in crude prices is having the effect U.S. energy sector dealmakers and private equity managers have been looking for: Oil companies are now returning calls from potential buyers, Reuters reported.
4 min read · 14 August 2015
The Canadian subsidiary of Serta Simmons Bedding LLC has acquired Canwest Bedding Ltd, an independent Serta licensee. No financial terms were disclosed. Serta, the Atlanta, Georgia-based owner of bedding brands National Bedding Co LLC and Simmons Bedding Company LLC, said Canwest will continue to operate from its current location in Winnipeg, supplying customers in Manitoba, Saskatchewan and Ontario. Serta has been a portfolio company of U.S. private equity firm Advent International since October 2012.
3 min read · 14 August 2015
