VCJ Staff
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
Buchanan Capital Partners has sponsored a buyout of German logistics company time:matters from Lufthansa Cargo. No financial terms were disclosed.
Balmoral Advisors, a Los Angeles-based private equity firm, has acquired Interstate Southwest Ltd., the Navasota, Texas-based custom forging division of Citation Corp. No financial terms were disclosed. www.balmoralfunds.com www.citation.net
Welsh, Carson, Anderson & Stowe has agreed to acquire United Surgical Partners International Inc. (Nasdaq:USPI), a Dallas-based owner and operator of short-stay surgical facilities. The total transaction is valued at approximately $1.8 billion, with USPI shareholders receiving $31.05 per share. www.wsac.com www.unitedsurgical.com
Goldman Sachs and CanWest Global Communication plan to offer up to Cdn$2.5 billion for Canadian media company Alliance Atlantic Communications Inc., according to The Globe and Mail.
Lakeview Equity Partners has acquired Automatan, a Plover, Wis.-based manufacturer of lithographic labeling equipment for the global corrugated packaging industry. No financial terms were disclosed. www.automatan.com
The New York Times Co. has agreed to sell its Broadcast Media Group to Oak Hill Capital Partners for $575 million. The group consists of nine network-affiliated television stations, including: * WHO-TV in Des Moines, Iowa (NBC) * KFSM-TV in Ft. Smith, Ark. (CBS) * WHNT-TV in Huntsville, Ala. (CBS) * WREG-TV in Memphis, […]
Merck KGaA has decided to seek potential buyers for its generics business, according to German newspaper Handelsblatt. Such a sale could generate anywhere from Euro 4 billion to Euro 5.5 billion.
First Reserve Corp. has agreed to acquire scaffolding services provider Brand Energy & Infrastructure Services from JPMorgan Partners. No financial terms were disclosed for the deal, which comes four years after JPMorgan Partners beat out First Reserve to buy the company from DLJ Merchant Banking for around $500 million. Brand Energy currently is in registration […]