VCJ Staff
CCMP Capital Advisors and GS Capital Partners have agreed to acquire Triad Hospitals Inc. (NYSE: TRI) for $50.25 per share. The entire transaction is valued at approximately $6.4 billion, including around $1.7 billion in debt. Under terms of the deal, Triad may solicit superior proposals for the next 40 days. Were it to accept such […]
Trigeant Ltd., a Houston, Texas
FdG Associates has recapitalized USA Bouquet, a Miami, Fla.-based provider of fresh floral products and services. No financial terms were disclosed. www.fdgassociates.com www.usabq.com
Brockway Moran & Partners has recapitalized Tri-Star Electronics International Inc., an El Segundo, Calif.-based maker of interconnect products for the aerospace and defense markets. The deal was done in partnership with company management and shareholder Odyssey Investment Partners, which will retain an interest in the company. www.tri-starelectronics.com
The Blackstone Group, CVC Capital Partners and KKR are considering a joint bid for British supermarket chain J. Sainsbury PLC. News of the potential offer sent the company's stock up 15 percent, thus giving it a market value of around Gbp8.8 billion. www.j-sainsbury.co.uk
One Equity Partners has agreed to acquire the Emissions Technologies group of ArvinMeritor Inc. (NYSE: ARM) for approximately $310 million. The group primarily serves manufacturers of light and commercial vehicles. www.oneequity.com www.arvinmeritor.com
Exxon Mobil is considering the sale of at least some of its French oil business that could be worth up to $2.6 billion, according to The Business of London. Likely bidders include First Reserve, PAI Partners and Petroplus (of which Carlyle owns 20%).
Belvedere Capital has agreed to acquire a majority interest in Professional Business Bank (OTC BB: PBBK), a Pasadena, Calif.-based bank serving Southern California businesses. Under terms of the deal, PBB shareholders will receive $23 per share in cash or 0.87 shares of a newly formed holding company that will own 100% of PBB. Shareholders will […]
MidOcean Partners has completed its acquisition of a 50% ownership position in Prism Business Media. The move comes after Prism completed its previously-announced acquisition of Penton Media. The stake was sold by Prism owners Wasserstein & Co., Highfields Capital Management and Lexington Partners. No financial terms are being disclosed. www.prismb2b.com
Boston Ventures has acquired a majority interest in HomePages LLC, a DeKalb, Ill.-based publisher of 135 community yellow pages directories in Illinois, Wisconsin and Indiana. No financial terms were disclosed. www.bostonventures.com