Home Authors Posts by VCJ Staff

VCJ Staff

Austin Ventures has sponsored a recapitalization of CreditCards.com, an online destination for consumers to search, compare, and apply for credit cards. No financial terms were disclosed. In related news, former Bankrate CEO Elisabeth DeMarse was named company CEO. American Capital Strategies and CreditCard.com founder Dan Smith also participated in the recap. www.creditcards.com
The Blackstone Group has completed its $6.55 per share buyout of Encore Medical Corp. (Nasdaq: WNMC). The total deal is valued at approximately $887 million. www.blackstone.com www.encoremed.com
Resilience Capital Partners of Cleveland has completed its acquisition of SpecialtyChem Products Corp., a Marinette, Wis.-based chemical company that had filed for Chapter 11 bankruptcy protection on June 12. No financial terms were disclosed. www.resiliencecapital.com
Diamond Castle Holdings has agreed to acquire 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
Warburg Pincus has reached an agreement with First Data International (NYSE: FDC) to buy German transaction processing company EasyCash. No financial terms were disclosed. When First Data acquired GZS Gesellschaft f
The Jordan Co. has agreed to acquire Reinhold Industries Inc. (Nasdaq: RNHDA) for $12.50 per share, or an aggregate value of approximately $41.3 million. Reinhold Industries is a Santa Fe, N.M.-based manufacturer of custom composite components and sheet molding compounds. It was advised on the deal by TM Capital. www.thejordancompany.com www.reinhold-ind.com
EQT Partners has agreed to acquire Danish furniture manufacturer Bodilsen AS for approximately $171 million from Bodilsen Holding AS, a company listed on the Copenhagen Stock Exchange. www.eqt.se
TA Associates has completed a
Fortress Investment Group has completed its public-to-private acquisition of Canadian resort operator Intrawest Corp. (NYSE: IDR) for $35 per share. The total deal was valued at $2.8 billion (including assumed debt). www.intrawest.com
Austin Ventures has acquired and recapped All Star Directories, a Seattle
vcj
vcj

Copyright PEI Media

Not for publication, email or dissemination