VCJ Staff
Marlin Equity Partners has acquired CMS Software Inc., an Ontario-based provider of enterprise resource planning (ERP) and supply chain management (SCM) software to small and medium-sized manufacturers, distributors and wholesalers in North America and Asia. www.marlinequity.com www.cmssoftware.com
Goldner Hawn has acquired Remmele Engineering Inc., a New Brighton, Minn.-based maker of components and complex automated assembly systems, from the family of the company's founder. No financial terms were disclosed. Rich Pogue will remain Remmele's president and CEO, and no management turnover or layoffs are planned as a result of the deal. Greene, Holcomb […]
Fidelity Ventures has acquired a majority interest in Asset Control, a provider of centralized data management solutions to the financial services industry. No financial terms were disclosed. Phil Lynch, former CEO of Reuters America and a venture partner with Fidelity Ventures, will succeed Asset Control founder Ger Resenkamp as company president and CEO. Rosenkamp will […]
Pacific Equity Partners and Westfarmers Ltd. have co-led an Au$19 billion buyout offer for Australian retailer Coles Group Ltd. The price is 8% higher than an earlier bid led by KKR, which was rejected. Others in the buyout consortium include Permira and Macquarie Bank. If closed, it would be the largest-ever buyout of an Australian […]
Trivest Partners has acquired Allegiance Security Group, a Fort Myers, Fla.-based provider of security guard services firms in the Southeastern United States. The seller was ASG founder and CEO Stephen Levine, who will continue to run the company's day-to-day operations. No financial terms were disclosed. www.trivest.com www.allegiancesecuritygroup.com
Ford Motor Co. has completed its sale of APCO to Stone Point Capital and APCO management. No financial terms were disclosed. APCO is a marketer and administrator of extended vehicle service contracts and warranties sold by automotive OEMs. www.stonepointcapital.com
The Stephens Group has agreed to acquire a majority stake in Multi-Shot LLC, a Conroe, Tenn.-based provider of directional drilling services. The transaction completes a partial company recap, with Stephens both making a majority equity investment and providing subordinated debt financing. No financial terms were disclosed. Prior to the recap, Multi-Shot was owned by management […]
GIMV and IRIS Capital have acquired Dutch data management software company Human Inference from Prime Technology Ventures. No financial terms were disclosed. www.humaninference.com
ArcLight Capital Partners has agreed to acquire National Energy & Trade Holdings LLC, a Houston, Texas.-based provider of natural gas marketing and a transportation services. No financial terms were disclosed. NETH was advised on the deal by GulfStar Group.
Lightyear Capital has agreed to acquire construction rental company Neff Corp. from Odyssey Investment Partners. No financial terms were disclosed. Lightyear will be joined on the equity tranche by GE Pension Trust and Norwest Equity Partners, while debt financing will be arranged by Bank of America, CIBC World Markets, GE Capital Markets and UBS. www.neffrental.com