Vestcom International Inc., a Little Rock, Ark.-based provider of shelf-edge marketing solutions to retailers and brand manufacturers, has acquired ELT Inc., a provider of in-store communications solutions. No financial terms were disclosed. Vestcom is a portfolio company of Lake Capital and Stephens Group.
2 min read · 02 December 2008
Quintiles Transnational Corp., a provider of professional services to the healthcare market, has acquired Targeted Molecular Diagnostics, a Westmont, Ill.-based developer of biomarker technologies for oncology research. No financial terms were disclosed. Quintiles shareholders include 3i Group, Bain Capital, Temasek Holdings and TPG Capital.
3 min read · 02 December 2008
Treasure Valley Business Group, a portfolio company of Creo Capital Partners, has acquired TKM2 Sales Solutions LLC, a provider of sales, marketing and distribution of food and food-related products throughout the United States. No financial terms were disclosed.
2 min read · 02 December 2008
Rapid Communications LLC has sold its cable assets and customers in Virginia and West Virginia to Shenandoah Telecommunications Co. (Nasdaq: SHEN), for approximately $10 million. Rapid Communications is a portfolio company of Alta Communications, Columbia Capital and Housatanic Partners.
1 min read · 02 December 2008
One Equity Partners has acquired the professional wound care business of Ethicon Inc., a Johnson & Johnson company. No financial terms were disclosed, except that the unit generated 2007 net sales of approximately $270 million.
2 min read · 02 December 2008
Emerging Capital Partners has invested $30 million into Finagestion, a holding company that operates several major water and power production and distribution contracts in Cote d'Ivoire and Senegal.
3 min read · 02 December 2008
Sorin Group (Milan: SRN) has sold its vascular therapy business to Italian private equity firm IP Investimenti e Partecipazioni SpA. No financial terms were disclosed.
2 min read · 02 December 2008
EQT Partners and ATP Private Equity Partners have agreed to acquire KMD A/S, a Danish provider of IT solutions to local municipalities, for approximately DKK2.2 billion ($375 million). EQT will hold an 85% stake, while ATP will hold the remainder. The transaction is to be funded with 50% leverage, provided by Danske Bank, Nordea, Nykredit, FIH and ATP.
6 min read · 02 December 2008
Andy Rose has joined Worthington Industries (NYSE: WOR) as chief financial officer. He previously was an Atlanta-based senior investment professional with MCG Capital Corp. and, before that, was a co-founding partner of Peachtree Equity Partners.
2 min read · 02 December 2008
Laurent Camilli and Gwénael de Sagazan have been named co-heads of Close Brothers’ French business, following the planned departure of founding partner Olivier Dousset.
2 min read · 02 December 2008
