PE Hub Staff

Ex-Refco Directors Forfeit $39 Million Tied to Fraud

HCA Files for $4.6 Billion IPO

AP6 President Stepping Down

Jack Henry Buying iPay for $300 Million

Jack Henry & Associates Inc. (Nasdaq: JKHY) has agreed to acquire iPay Technologies, an Elizabethtown, Ky-based provider of electronic bill pay solutions. The deal is valued at $300 million in cash, and is expected to close next month. Spectrum Equity Investors and Bain Capital Ventures recapped iPay in late 2006.

Advantage Capital Hires, Promotes

Jonathan Goldstein has joined Advantage Capital Partners as a managing director, with a focus on tax-incentive investing. He previously was an SVP with McCormack Baron Salazar. The firm also made several promotions: Charles Booker and Jeremy Degenhart to principal and Christopher Harris to senior associate.

Hain Pure Protein Sells Kosdher Valley Brand

Hain Pure Protein Corp. has agreed to sell its Kosher Valley brand to Empire Kosher Poultry for an undisclosed amount. HPPC is a joint venture between Pegasus Capital Advisors and The Hain Celestial Group Inc.

KKR Invests in Indian Cement Venture

KKR has agreed to invest around $164 million into an unlisted subsidiary of India's Dalmia Cement (Bharat) Ltd. The capital will be used to form India's largest private cement company.

BASF In Advanced Talks To Buy Cognis

Bain Shortlists Buyers for Outback Asia

Tregaron Capital Buys Economic Modeling Specialists

Tregaron Capital has acquired the assets of Economic Modeling Specialists Inc., a Moscow, Idaho-based provider of employment data and economic analysis. No financial terms were disclosed.