VCJ Staff

Wachovia Capital Partners has agreed to acquire Crosman Corp. from Compass Group for approximately $143 million. Crosman is an East Bloomfield, N.Y.-based manufacturer of recreational airguns and related products. http://www.crosman.com/

Veronis Suhler Stevenson has acquired digital satellite broadcaster The Chart Show Group for an undisclosed amount. http://www.vss.com/

The Riverside Company has acquired Advanced Information Systems Group, a provider of technology solutions to the provider for the automotive, aerospace and steel industries. No financial terms were disclosed. www.riversidecompany.com

Arsenal Capital Partners has acquired Source Refrigeration & HAVAC Inc. from Valor Equity Management and Denargo Capital. No financial terms were disclosed. Source is an Anaheim, Calif.-based provider of commercial refrigeration services in North America, serving customers in 12 contiguous Western states. Company management will retain an ownership position, while leverage financing was provided by […]

FdG Associates has sold Industrial Controls Distributors LLC to AEA Investors for an undisclosed amount. ICD is a Wanamassa, N.J.-based distributor of process automation controls, commercial heating, ventilation and air conditioning controls and automated industrial valves. http://www.industrialcontrolsonline.com/

Weinberg Capital Partners has agreed to acquire 60% of Sasa Industrie SA, a France-based baking equipment manufacturer, for an enterprise value of Euro 80.7 million.

Quadrangle Capital Partners and Morningstar Management have signed a letter of intent to acquire Hargray Communications Group, a Hilton Head, S.C.-based provider of telecom services in southeastern South Carolina and Georgia. No financial terms were disclosed. http://www.hargray.com/

Castle Creek Capital Partners has completed its acquisition of Melbourne, Fla.-based banking company The BankShares Inc. for $43.3 million.

Golden Gate Capital has completed its acquisition of Sierra Systems Group Inc. (TSX: SSG) for Cnd$9.25 per share, or approximately Cnd$93.2 million. Sierra Systems is a Vancouver

Clearview Capital has recapitalized Rowmark Inc., a Findlay, Ohio