Priceline.com has acquired TravelJigsaw, a UK-based online travel agent specializing in car rental. No financial terms were disclosed. The seller was ISIS Private Equity, which sponsored a £25 million management buyout of TravelJigsaw in 2005. Livingstone managed the sale process.
2 min read · 21 May 2010
EN Engineering, a portfolio company of Clearview Capital, has acquired Wheatland Systems Inc., a Lawrence, Kansas-based provider of services to the power and utility industries. No financial terms were disclosed.
3 min read · 20 May 2010
David Bell, a professor of business and agriculture at Harvard Business School, has joined Paine & Partners as an advisor on the agribusiness and food industry.
3 min read · 20 May 2010
Charlesbank Capital Partners and H.I.G. Capital have acquired eye care services company TLCVision out of Chapter 11 bankruptcy.
3 min read · 20 May 2010
Charlesbank Capital Partners has sponsored a recapitalization of Tulsa-based cedar distributor Cedar Creek, in exchange for a majority ownership position. ClearRidge Capital advised Cedar Creek on the deal. No financial terms were disclosed.
4 min read · 20 May 2010
Stant Corp., a portfolio company of H.I.G. Capital, has acquired the assets of Expert Corp., a Romeoville, Ill.-based maker of evaporative emission canisters and front end carriers for the automotive industry.
4 min read · 20 May 2010
Terry Bartz has been named managing partner of the new Minneapolis office of turnaround firm MorrisAnderson. He previously was COO of Verifications Inc.
2 min read · 20 May 2010
Altus Capital Partners and Dunrath Capital have sold Gichner Holdings Inc., a Dallastown, Penn.-based maker of shelters for the U.S. military, to Kratos Defense & Security Solutions Inc. for $133 million in cash.
2 min read · 20 May 2010
Vitamin Shoppe Inc. (NYSE: VSI) has priced its secondary offering of nearly 6.24 million shares at per share. Sellers were expected to include private equity firm Irving Place Capital, which held a 52.7% pre-offering position (14.25m shares). The retailer last fall raised $162.1 million in its IPO, pricing its shares at $17 a piece.
1 min read · 20 May 2010
Avolon, an aircraft leasing company, has raised $750 million in equity commitments from Cinven, CVC Capital Partners and Oak Hill Capital Partners,. It also has secured a $400 million warehouse debt financing facility.
8 min read · 20 May 2010