VCJ Staff
Fenway Partners has agreed to acquire tour and charter-bus operator Coach America from Kohlberg & Co. No financial terms were disclosed for the deal, which is expected to close early next year.
Hellman & Friedman and Texas Pacific Group have completed their public-to-private acquisition of Intergraph Corp. (Nasdaq: INGR), a Huntsville, Ala.
Diamond Castle Holdings has completed its acquisition of customer relationship services company PRC LLC from IAC/InterActiveCorp (Nasdaq: IACI). No financial terms were disclosed for the deal, which was done in partnership with PRC management. www.dchold.com www.prcnet.com
Rockwood Holdings Inc. (NYSE: ROC) has agreed to sell its Groupe Novasep subsidiary to a consortium that includes Gilde Buyout Partners BV, Banexi Capital and Groupe Novasep management. The deal values Groupe Novasep at approximately Euro 425 million, and is expected to close within 60 days. Groupe Novasep specializes in the production of active pharmaceutical […]
Arca Capital Group has agreed to invest approximately $55 million to reconstruct the so-called Slovak Therapeutic Spas (SLK) in the town of Trencianske Teplice.
Blue Wolf Capital Management has agreed to acquire Pittsburgh-based landfill gas developer Montauk Energy Capital LLC from DQE Financial Corp., a subsidiary of Duquesne Light Holdings Inc. The deal is valued at approximately $110 million, and is expected to close by year-end. GoldenTtree Asset Management has agreed to provide senior financing. www.blue-wolf.com
Empower RF Systems Inc., an Inglewood, Calif.-based provider of ultra-broadband radio frequency amplifiers has received a minority investment from Summit Partners. www.empowerrf.com
The Riverdeep Group of Ireland has agreed to acquire Boston-based publisher Houghton Mifflin Co. for approximately $3.4 billion. Alchemy Partners and MSD Capital backed a 2003 management buyout of Riverdeep, while Bain Capital, Thomas H. Lee Partners and The Blackstone Group bought Houghton Mifflin from Vivendi for around $1.68 billion in 2002. www.riverdeep.net www.hmco.com
Steve & Barry's University Sportswear, a Port Washington, N.Y.-based casual apparel retailer, has received a minority investment from TA Associates. www.steveandbarrys.com www.ta.com
KRG Capital Partners has recapitalized portfolio company Varel International, a Carrollton, Texas-based supplier of drill bits for the oil, gas and mining industries. Apollo Investment Corp. led the recap's $115 million in senior unirate loan and junior subordinated notes, with American Capital Strategies also participating. Varel also structured a $10 million asset-based revolver with Fifth […]