ICV Capital Partners has sold Sterling Foods Ltd., a San Antonio, Texas-based provider of specialty bakery products, to TGF Management. No financial terms were disclosed.
3 min read · 06 January 2009
Yellowstone Landscape Group, a portfolio company of Gridiron Capital, has acquired Austin Outdoor, a Bunnell, Fla.-based provider of landscaping services in Florida and The Bahamas. No financial terms were disclosed.
4 min read · 06 January 2009
1 min read · 06 January 2009
1 min read · 06 January 2009
Total Safety U.S. Inc., a Houston, Texas-based portfolio company of DLJ Merchant Banking Partners, has acquired Wholesale Radio Rental Inc., a provider of portable communication devices for use in the petroleum, oil and gas and petrochemical industries. No financial terms were disclosed.
2 min read · 06 January 2009
Macrovision (Nasdaq: MVSN) has terminated its agreement to sell the TV Guide Network to One Equity Partners for $225 million, after reaching a $255 million agreement to sell TV Guide Network and TV Guide Online to Lionsgate (NYSE: LGF).
6 min read · 06 January 2009
1 min read · 06 January 2009
1 min read · 06 January 2009
HgCapital has sold Orbiscom, an Irish provider of B2C, B2B and P2P payment solutions to the global payments industry, to Mastercard for approximately $100 million. HgCapital had originally invested around $17.5 million into Orbiscom back in 2001, at a post-money valuation of approximately $145 million.
2 min read · 06 January 2009
Penda Corp., a Portage, Wis.-based maker of thermoformed solutions, has agreed to merge with Durakon Industries Inc., a provider of thermoformed automotive components. No financial terms were disclosed. Penda is a portfolio company of Resilience Capital Partners, while Durakon is a portfolio company of Littlejohn & Co. Both private equity firms will be the shareholders of the combined company.
3 min read · 06 January 2009