VCJ Staff

The Riverside Company has acquired two companies as add-ons to portfolio platform Veritext Corp., a Florham Park, N.J.

Ares Management and the Ontario Teachers' Pension Plan have agreed to acquire Pittsburgh-based nutritional products retailer GNC from Apollo Management for a total enterprise value of $1.65 billion. Apollo acquired GNC in 2003 for approximately $750 million, and later filed for a $345 million IPO that it later withdrew due to adverse market conditions. www.gnc.com

Eddie Bauer Holdings Inc. (Nasdaq: EBHI) shareholders have rejected a $9.25 per share buyout offer from Sun Capital Partners and Golden Gate Capital. The total deal would have been valued at approximately $614 million, including around $328 million of debt to be repaid. Only 44% of the company's outstanding shares were voted in favor of […]

3i Group has completed its acquisition of VNU Business Media Unit from The Nielsen Co. No financial terms were disclosed. The unit is a B2B publisher operating throughout Europe. www.3i.com

First Reserve Corp. has completed its acquisition of scaffolding services provider Brand Energy & Infrastructure Services from JPMorgan Partners. No financial terms were disclosed for the deal, which came four years after JPMorgan Partners beat out First Reserve to buy the company from DLJ Merchant Banking for around $500 million. Brand Energy is expected to […]

Bain Capital has agreed to acquire listed South African retailer Edgars Consolidated Stores Ltd. (Edcon) for approximately $3.5 billion. The deal is still subject to shareholder and regulatory approvals, and would represent a 51.3% premium to Edcon's closing price on October 16, which is when the company disclosed discussions with private equity firms. If completed, […]

Cerberus Capital Management has agreed to acquire seven television stations from CBS Corp. (NYSE: CBS) for $185 million. The deal includes stations in Austin, Salt Lake City, Providence and West Palm Beach, and is subject to FCC approval. Cerberus was advised on the deal by CobbCorp and Wachovia Capital Markets. www.cerberuscapital.com www.cbscorporation.com

Goldman Sachs and Sanyo Electric have agreed to sell their combined 50% stake in Japanese lender Sanyo Electric Credit Co. to G.E. Capital for approximately $372 million, according to Reuters. Other interested bidders had been reported to include Shinsei Bank.

CCMP Capital Asia, Permira and Texas Pacific Group are prepping bids to acquire a majority stake in consumer electronics company Victor Co. of Japan (VCJ) from Matsushita Electric Industrial, according to the Wall Street Journal.

Creo Capital Partners has acquired a majority stake in Lintelle Engineering Inc., a Scotts Valley, Calif.-based design, engineering and manufacturing firm. No financial terms were disclosed, except that Lintelle founder Bill Turner will retain a “significant minority” stake. www.creocapitalpartners.com