VCJ Staff
Triton Pacific Capital Partners has sponsored a recapitalization of Meridian Behavioral Health Network, a provider of drug, alcohol and mental health services in Minnesota. No financial terms were disclosed. www.tritonpacific.com www.meridiannetwork.com
MCCI Holdings LLC, a Miami, Fla.-based provider of medical management services for managed care organizations, has completed a recapitalization. Participants included Goldman Sachs Urban Investment Group, Pharos Capital Group and GE Healthcare Financial Services. No financial terms were disclosed.
The Blackstone Group may have competition for real estate giant Equity Office, despite already having agreed to what would be the largest leveraged buyout in history. Multiple news reports say that Cerberus, Starwood Capital and Walton Street Capital are seriously considering an offer in excess of $38 billion (including $16 billion in assumed debt), which […]
Kinderhook Industries, a New York-based private equity firm, has agreed to acquire restaurant chain Champps Entertainment Inc. (Nasdaq:CMPP) for $75 million, plus the assumption of all liabilities and debt. Champps chairman and CEO Michael O'Donnell and CFO David Womack also are participating on the buyout. www.kinderhookindustries.com www.champps.com
Milestone Capital Partners has acquired Houston Harvest Gift Products LLC from Trust Company of the West and Merit Capital Partners. No financial terms were disclosed for the deal, which also included participation by company management. Houston Harvest Gift Products is a Franklin Park, Ill.-based maker of food gifts and popcorn tins.
ABRY Partners and The Thurston Group have acquired healthcare technology company Companion Technologies Corp. from BlueCross BlueShield of South Carolina. No financial terms were disclosed. www.SouthCarolinaBlues.com
Gordon Brothers Group has agreed to acquire Malden Mills Industries Inc., a Lawrence, Mass.-based maker of Polartec fleece apparel, for $44 million in cash. To help facilitate the sale, Malden Mills yesterday filed for Chapter 11 bankruptcy protection.
Compagnie de Saint-Gobain SA will receive four buyout bids next week for its perfume bottling subsidiary Desjonqueres, according to Dow Jones. The offers will be worth approximately Euro 600 million each, with likely bidders including The Carlyle Group, PAI Partners, LBO France and a partnership of Sagard and Electra Partners. Both 3i Group and Piramal […]
Apollo Management has acquired a minority position in Bradco Supply Corp., an Avenel, N.J.-based distributor of roofing materials and complementary building products. No financial terms were disclosed. www.bradcosupply.com
Semiconductor Manufacturing International Corp. (NYSE: SMI), China's largest chipmaker, said that it has been approached by private equity firms about a possible buyout. It declined to identify the interested suitors. SMIC went public in 2004, after having previously been backed by venture capital firms. www.smics.com