WaveDivision Holdings today announced that Oak Hill Capital Partners and GI Partners, in conjunction with Chief Executive Officer Steve Weed and other members of Wave management, have entered into an agreement to acquire the company from its current owners, led by Sandler Capital Management. “Steve Weed and the Wave management team have built an outstanding […]
Reddy Ice Holdings today announced that, having closed its previously announced financing arrangements, it has consummated its voluntary Chapter 11 reorganization. Effective today, the company emerged from Chapter 11 protection substantially de-levered and with a capital structure that provides the financial flexibility to further invest in the long-term growth of its business. The company is […]
Plastipak Holdings, a supplier of plastic packaging to consumer product companies, announced today that GS Capital Partners (GSCP) has agreed to make a significant equity investment in the company. Plastipak has been owned and run by the Young Family since 1967. The Young Family will continue to hold a majority stake in Plastipak following the […]
Marlin Equity Partners announced today that it has acquired the Messaging and Mediation product businesses from Openwave Systems. Marlin has renamed the acquired businesses Openwave Messaging and Openwave Mobility and will operate each business as a standalone platform. Openwave Messaging provides core e-mail and voicemail software services to telecommunications service providers, mobile operators and cable […]
Private equity firm Southport Lane, through its subsidiary Lonestar Holdco, has reached an agreement with Dallas National Insurance Holdings to acquire 100% of Dallas National Insurance Company, a Texas based property and casualty insurer. Dallas National Insurance Company is a property and casualty insurance company which writes predominantly worker’s compensation and general liability insurance. The […]
Talbots, a specialty women’s retailer, and Sycamore Partners today announced that they have entered into an agreement whereby Sycamore Partners will acquire all the outstanding common stock of the company for $2.75 per share in cash. The transaction is valued at approximately $369 million, including debt and other adjustments. “We believe in the Talbots brand […]
Aterian Investment Partners announced today that it has acquired Burner Systems International, a supplier of gas appliance components, from Dyson Investments and other equity partners. “For more than 50 years, Burner Systems has been the recognized global leader providing the broadest product offering in the industry. With this investment, Burner Systems has been provided the necessary […]
Interline Brands, a distributor and direct marketer of maintenance, repair and operations products, today announced that it has entered into an agreement to be acquired by GS Capital Partners and P2 Capital Partners for $25.50 per share in cash. The transaction is valued at approximately $1.1 billion, including the assumption of debt. In addition to […]
Thomas H. Lee Partners (THL) announced today that it has signed an agreement under which it will acquire Fogo de Chão Churrascaria (“Fogo”), a group of Brazilian themed fine dining, full-service restaurants, from GP Investments. “With three new restaurants opened in the past 12 months, Fogo has charted a compelling growth path. We couldn’t be […]
Orthofix International announced today that it has completed the divestiture of its Sports Medicine Business Unit, Breg, Inc., to Water Street Healthcare Partners. The purchase price was $157.5 million less normal and customary working capital adjustments and indebtedness. Breg provides a portfolio of sports braces (knee, elbow, shoulder, spine and foot) and cold therapy products […]
