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PE Hub Staff

Platinum Equity Buying SCM Metal Products

Platinum Equity has agreed to acquire SCM Metal Products Inc. from Gibraltar Industries Inc. (Nasdaq: ROCK), for an undisclosed amount. SCM makes and distributes copper-based powder and pastes and copper oxide powders.

2 min read · 10 October 2008

iEurope Capital Sells Hungarian Ecommerce Co.

iEurope Capital has sold Hungarian ecommerce company Vatera.hu Kft to MIH Internet Europe BV, a subsidiary of Naspers Ltd. No financial terms were disclosed, except that the sale gave iEurope Capital a 13.5x cash-on-cash return and a 59% gross IRR.

2 min read · 10 October 2008

Branstrator Sunrooms Adds On

Branstrator Sunrooms, a Fort Wayne, Ind.-based portfolio company of Resilience Capital Partners, has agreed to merge with Macedonia, Ohio-based Patio Enclosures Inc. No financial terms were disclosed.

2 min read · 10 October 2008

Pfingsten Buys Technibus

Pfingsten Partners has acquired Technibus, a Canton, Ohio-based manufacturer of bus duct solutions for the power generation, petrochemical, commercial and industrial markets. No financial terms were disclosed for the deal, which closed on Sept. 30.

2 min read · 10 October 2008

Sorin Group Gets Offer for Renal Care Unit

Argos Soditic and MPS Venture SGR have offered to acquire the Renal Care business of Italy-based Sorin Group (Milan: SRN), for an undisclosed amount.

3 min read · 10 October 2008

Symetra Financial Cancels IPO

1 min read · 10 October 2008

Elysian Targets £200 Million for Debut Fund

1 min read · 10 October 2008

Hedge Funds Haunted by Asia Pre-IPO Deals

4 min read · 10 October 2008

Risk of More Hong Kong Bankruptcies as Crisis Spreads

3 min read · 10 October 2008

Apollo Moves on Huntsman Deal, Other Mergers in Doubt

3 min read · 10 October 2008

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