VCJ Staff
BlackEagle Partners, a middle-market affiliate of Apollo Management, has acquired an equity stake in Federal Broach & Machine Co., a Harrison, Mich.-based manufacturer of specialized broach machines and broach tools. No financial terms were disclosed. www.blackeaglepartners.com www.federalbroach.com
DLJ Merchant Banking Partners has acquired Peach Holdings Inc. (AIM: PSF), the parent company of specialty finance company Peachtree Settlement Funding. The deal is valued at Gpb3.85 per share, for a total of approximately Gbp402 million. Other equity participants include Credit Suisse, LLR Partners, Greenhill Capital Partners and Peachtree senior management. www.peachtreesettlementfunding.com
Shayne International Holdings Ltd., a Hangzhou, China-based manufacturer of high-end upholstered furniture and leather apparel, has raised $20 million in notes and warrants from Darby Asia Mezzanine Fund II.
Castle Harlan has completed its $110 million purchase of AmeriCast Technologies Inc. from KPS Special Situations Fund. AmeriCast is an Atchison, Kansas-based maker of complex steel castings.
Teachers' Private Capital has agreed to acquire specialty resin adhesive and paper overlays producer Dynea North America from Dynea Chemicals Oy of Finland. No financial terms were disclosed. www.otpp.com www.dynea.com
Lagard
Bessemer Venture Partners and Insight Venture Partners have agreed to acquire Netsmart Technologies Inc. (Nasdaq SC: NTST), a Great river, N.Y.-based based provider of enterprise software for health and human services organizations. The firms will pay $16.50 per share, for an aggregate transaction value of approximately $115 million. The deal is expected to close early […]
Doughty Hanson & Co. has agreed to acquire KP1, an Avignon, France-based manufacturer of prefabricated and pre-stressed concrete products, focusing on floors and structural systems for the building industry. No financial terms were disclosed, although Doughty Hanson did say that KP1 expects to generate 2006 revenue of approximately Euro 310 million. www.doughtyhanson.com www.kp1.com
MidOcean Partners has agreed to sell its interest in Thompson Publishing Group to Avista Capital Partners. No financial terms were disclosed. Thompson Publishing is a Washington, D.C.-based provider of subscription-based information services. MidOcean acquired its interest in May 2004, and one year later helped back the company's strategic acquisition of Sheshunoff. Avista acquired a position […]
Vector Capital of San Francisco has agreed to acquire the Discovery Informatics business of Tripos Inc. (Nasdaq: TRPS) for approximately $25.6 million in cash. Tripos is a St. Louis-based provider of informatics and research technologies to the drug discovery market. www.vectorcapital.com www.tripos.com