Southport Lane to Acquire Dallas National Insurance Company

Southport Lane to Acquire Dallas National Insurance Company

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 […]

Sycamore Partners Acquires Talbots

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 Acquires Burner Systems International

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 […]

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 […]

Platinum Equity Acquires Mobile IQ

Quark, a portfolio company of Platinum Equity, announced today its acquisition of , a provider of cloud-based digital publishing services. “Quark’s intention is to be the leader in dynamic publishing. Our acquisition of Mobile IQ is the next step in offering the most comprehensive end-to-end solutions for publishing to mobile devices,” said Ray Schiavone, Quark […]

Thomas H. Lee Partners to Acquire Fogo de Chão

Thomas H. Lee Partners to Acquire Fogo de Chão

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 […]

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 […]

Water Street Acquires Breg

Water Street Acquires Breg

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 […]

Kilmer Capital Partners Acquires Atelka

Kilmer Capital Partners Acquires Atelka

It was announced today that Kilmer Capital Partners has acquired a majority interest in Atelka, a contract management services company. “This transaction will allow us to inject new funds in the organization in order to sustain its performance, expand our services and explore new markets,” said Georges Karam, CEO of Atelka. Atelka is a call […]