Private Equity
Windjammer Capital Investors sold Infinite RF Holdings, Inc. to Genstar Capital. Terms were not disclosed. Infinite RF is headquartered in Irvine, California, and provides radio frequency and microwave components.
2 min read · 31 May 2016
Affiliates of Accel-KKR, a technology-focused private equity firm, agreed to buy SciQuest, Inc. for $17.75 per share in cash, or $509 million. SciQuest provides a platform to help companies managing spending.
5 min read · 31 May 2016
2 min read · 31 May 2016
2 min read · 31 May 2016
Two M&A developments at the start of Memorial Day weekend, as Bayer gets close to choosing banks to finance its proposed takeover of Monsanto, and Thermo Fisher Scientific agrees to acquire the FEI Company for $4.2 billion.
1 min read · 27 May 2016
Intel Capital led a $20 million Series C funding round in Lightbend, a reactive systems software company. Joining Intel Capital as a new investor was Blue Cloud Ventures. Previous investors Bain Capital Ventures, Polytech Ecosystem Ventures and Shasta Ventures also participated. Intel Capital's director for enterprise software, Vibhor Rastogi, will join Lightbend's board of directors.
1 min read · 27 May 2016
Thompson Street Capital Partners completed a recapitalization of Global Software, Inc., a provider of Microsoft Excel-based software headquartered in Raleigh, North Carolina. The transaction closed on May 2, 2016. Deloitte Corporate Finance LLC served as exclusive financial advisor to Global Software.
4 min read · 27 May 2016
The adidas Group agreed to sell headwear and apparel business Mitchell & Ness to a newly formed entity primarily owned by Juggernaut Capital Partners. At the time of closing, the adidas Group will record a one-time positive P&L impact in the low- to mid- double-digit million euro range. The deal is expected to close in Q2 2016.
2 min read · 27 May 2016
An affiliate of American Securities LLC agreed to purchase Traxis Group B.V.'s entire equity stake in Blue Bird Corporation, a designer and manufacturer of school buses. Traxis is an affiliate of Cerberus Capital Management, L.P. Following the close of the deal, American Securities will become the controlling shareholder of Blue Bird.
6 min read · 27 May 2016
MagnaChip Semiconductor Corporation entered into a settlement agreement with Engaged Capital, LLC. Under the terms of the agreement, Camillo Martino and Melvin L. Keating will join the company as observers of the board of directors. Based in Korea, MagnaChip makes semiconductor products for high-volume consumer applications.
8 min read · 27 May 2016