Water Street Healthcare Partners Exits OraPharma

Water Street Healthcare Partners Exits OraPharma

Valeant Pharmaceuticals International announced today that it has agreed to acquire OraPharma, a specialty oral health company and a portfolio company of Water Street Healthcare Partners. Total consideration is approximately $312 million and up to $114 million in potential contingent payments based on certain milestones, including revenue targets. As of March 31st, 2012 OraPharma’s trailing […]

Bertram Capital Exits EDI Holdings

Bertram Capital Exits EDI Holdings

Capital announced today the sale of EDI Holdings, a designer and manufacturer of extrusion dies, to Nordson Corporation in a $200 million all cash transaction. The sale is Bertram Capital’s second portfolio company exit in the last twelve months. EDI Holdings is a designer and manufacturer of extrusion dies, coating heads and related products for […]

Gryphon Investors Exits Intelligrated

Gryphon Investors Exits Intelligrated

Gryphon Investors announced today that it has agreed to sell its portfolio company Intelligrated, a provider of automated material handling solutions, services and products, to private equity firm Permira in a transaction valued at more than $500 million. Intelligrated designs, manufactures and installs complete material handling automation solutions for the warehousing, distribution, consumer product manufacturing, […]

Olympus Exits Tank Holdings

Olympus Exits Tank Holdings

Olympus Partners today announced that an agreement has been executed to sell its portfolio company Tank Holdings to Leonard Green & Partners in partnership with the management team. Tank is a designer and manufacturer of rotationally-molded polyethylene and steel containers. Olympus and management created Tank in September 2008 through the combination of Snyder Industries and […]

Fenway Partners Exits Panther Expedited Services

Fenway Partners Exits Panther Expedited Services

Fenway Partners today announced that it has entered into an agreement to sell Panther Expedited Services, a provider of expedited ground transportation services, to Arkansas Best Corporation for approximately $180 million. Panther Expedited Services is a provider of expedited ground transportation services for time-critical transportation needs. Panther provides door-to-door transportation services for more than 11,000 […]

Fenway Partners Exits 1800CONTACTS

Fenway Partners Exits 1800CONTACTS

Fenway Partners today announced that it has entered into an agreement to sell 1800CONTACTS to WellPoint (NYSE: WLP). The transaction is expected to close in the third quarter of 2012. “We are very pleased with the outcome of our investment in 1800CONTACTS. Fenway’s experience with this company is an instructive example of private equity partnering […]

The Sterling Group Exits Roofing Supply Group

The Sterling Group Exits Roofing Supply Group

The Sterling Group today announced that it has finalized the sale of Roofing Supply Group (RSG) to Clayton, Dubilier & Rice. Roofing Supply Group is the fourth largest distributor of roofing supplies and related materials in the United States, with 59 locations in 24 states. “RSG has always had an excellent culture and best in […]

Eureka Growth Capital Exits Total Military Management

Eureka Growth Capital today announced the sale of its investment in Total Military Management (“TMM”), a business process outsourcing company focused on the management of U.S. military and government household relocations, to TZP Capital Partners. “The Eureka team was a perfect fit for TMM,” said CEO Matt Connell. “Their business knowledge and experience aided us […]

Bain Exits Motorized Vehicles Division of FCI

Bain Exits Motorized Vehicles Division of FCI

Delphi Automotive announced today that it has entered into exclusive negotiations and has made a binding offer to acquire FCI Group’s (“FCI”) Motorized Vehicles Division (“MVL”), a manufacturer of automotive connection systems and a portfolio company of Bain Capital. The transaction is valued at €765 million on a cash and debt-free basis (approximately $972 million […]

Avista Capital Partners Exits Navilyst Medical

Avista Capital Partners Exits Navilyst Medical

AngioDynamics, a medical devices company, has completed its acquisition of Navilyst Medical, a portfolio company of Avista Capital Partners. Based on AngioDynamics recent closing price of $12.44 a share the transaction is valued at $355 million. As a result of the acquisition, Avista Capital Partners received approximately 9.4 million shares of AngioDynamics common stock in […]