TA Associates has completed its sale of Houston, Texas-based Triumph HealthCare, a long-term acute care hospitals operator, for around $570 million to RehabCare Group Inc. (NYSE: RHB). TA bought Triumph in 2004 in a leveraged deal that included $34.5 million in equity. It had already returned its investment several times over, via a pair of dividend recaps.
2 min read · 25 November 2009
GenNx360 Capital Partners has increased its acquisition offer for GVI Security Solutions Inc. (OTC BB: GVSS), from $0.38 per share to $0.3875 per share in cash. GVI is a Carrolton, Texas-based provider of video security surveillance solutions.
2 min read · 25 November 2009
Greatwide Logistics Services, a Dallas-based provider of third-party logistics services, has acquired the dedicated contract carriage division of YRC Logistics. No financial terms were disclosed. Centerbridge Partners bought Greatwide out of bankruptcy earlier this year.
3 min read · 25 November 2009
New Markets Venture Partners and Slate Capital Group have acquired Ecoast Sales Solutions Ltd., a Rochester, N.H.-based provider of outsourced sales and channel solutions for technology companies. No financial terms were disclosed.
3 min read · 25 November 2009
Clayton Dubilier & Rice has completed its recapitalization of JohnsonDiversey, a Racine, Wis.-based commercial cleaning company. CD&R invested $477 million for a 46% stake. Unilever, which bought a 33% stake in JohnsonDiversey seven years ago, retained a 4% interest.
4 min read · 25 November 2009
Greenko PLC, an Indian renewable energy producer, has raised $46.3 million from the Global Environment Fund. Greenko develops, acquirers, builds and operates run-of-river hydro and biomass-fired plants.
2 min read · 25 November 2009
3 min read · 25 November 2009
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1 min read · 24 November 2009
3 min read · 24 November 2009
