Consumer goods

Ancestry.com owners seek $900 mln dividend: Bloomberg

The investor group that owns Ancestry.com is looking to pull out more than $900 million from the company through a special dividend funded by new loans, Bloomberg reported. The group, which is seeking approval for another one-time distribution before year end, includes GIC and Silver Lake Management LLC, the story said.

Aterian buys hair bleach products maker Bright International

Aterian Investment Partners has acquired Coolidge, Arizona-based Bright International Corporation, a maker of hair bleach products. No financial terms were disclosed. Kirkland & Ellis LLP and PricewaterhouseCoopers LLP advised Aterian on the transaction while GulfStar Group and Snell & Wilmer LLP advised Bright International.

Castle Harlan and Branford Castle buy Sunless

Castle Harlan and Branford Castle Partners have acquired Macedonia, Ohio-based Sunless Inc, a provider of spray tanning equipment, spray tanning solution and related accessories. The sellers included Riverside Company. No financial terms were disclosed.

Temasek invests in Secretlab: Bloomberg

A unit of Temasek Holdings Pte has invested in Secretlab, the Singapore maker of chairs for players of electronic games, Bloomberg reported. Heliconia Capital Management Pte’s buy of a minority of Secretlab is valued at between S$200 million and S$300 million, the story said.

Bankruptcy court approves sale of FTD North America to Nexus Capital

FTD Companies Inc said Aug. 9 that it received bankruptcy court approval for the sale of FTD North America, as well as its Latin America consumer and florist businesses, including ProFlowers, to Nexus Capital Management LP for about $110.9 million. FTD is also selling Shari's Berries to an affiliate of 1-800-Flowers.com Inc for $20.5 million.

ARX Equity sells Anwis stake to Novaco Invest

ARX Equity Partners has exited its investment in Anwis Sp. z o.o. Financial terms weren’t announced. Novaco Invest GmbH, a subsidiary of WAREMA Renkhoff SE, is the buyer. Anwis is a Polish manufacturer of internal and external custom-made sun shading systems. ARX said the deal generated an overall 3.3x cash-on-cash return multiple and an IRR of over 30 percent.

KKR to invest $794 mln in NVC Lighting’s China lighting business

KKR agreed to invest about $794 million in NVC Lighting’s China lighting business. KKR will own 70 percent of NVC China, while NVC Lighting will hold the remaining 30 percent and receive a cash consideration. NVC China is a lighting company in China, that makes, sells and distributes branded lighting products.

BlackRock invests $875 mln in Authentic Brands Group

BlackRock said Aug. 11 that it invested $875 million in Authentic Brands Group (ABG). BlackRock will become the largest investor of ABG, a brand development, marketing and entertainment company.

Henley acquires five Water Works car wash locations

Henley Investments has acquired five Water Works car wash locations in greater Greenboro, North Carolina. No financial terms were disclosed.

Wind Point-backed Pestell buys Pro-Ag and Verus

Pestell Group, a portfolio company of Wind Point Partners, has acquired Pro-Ag Products and Verus Animal Nutrition. No financial terms were disclosed. Antares Capital, BMO Sponsor Finance and PennantPark led the debt financing for the transaction. And, McMillan LLP and Kirkland & Ellis LLP served as legal counsel to Pestell. Based in Winnipeg, Manitoba, Pro-Ag is a distributor of feed ingredients, feed additives and animal health products while Verus is a provider of performance animal nutrition products.