VCJ Staff
Bridgepoint has agreed to acquire Fat Face from Advent International for Gbp360 million. BNP Paribas will provide leveraged financing. Fat Face is a UK-based retailer of self-branded active lifestyle clothing and accessories. www.bridgepoint.eu www.fatface.com
Bridgepoint Capital has agreed to acquire the educational division of Amsterdam-based publisher Wolters Kluwer NV, for an enterprise value of Euro 774 million. Wendel Investissement reportedly had been the other short-listed bidder. www.bridgepoint.eu www.wolterskluwer.com
The Carlyle Group has agreed to acquire the Engineered Products division of Goodyear Tire & Rubber Co. (NYSE: GT) for $1.475 billion. The deal is subject to customary closing conditions, including receipt of regulatory approvals and the completion of a labor agreement with the United Steelworkers union. Goodyear Engineered Products operates 32 facilities in 12 […]
I’ve been pretty quiet lately, doing what the collective “we” do: Working on a deal. In the 38th day of due diligence, I started having visions and found new clarity on a number of issues (starting with, “I forget why I do this”). So I decided to use the time creatively, and ventured into top 10 territory: […]
Hellman & Friedman has agreed to acquire Kronos Inc. (Nasdaq: KRON), a Chelmsford, Mass.
Citigroup Venture Capital has acquired a 19.9% stake in Indian financial services company Anand Rathi Securities Ltd. No financial terms were disclosed. www.rathi.com
Balanced Equity Management said that it will oppose the Au$11.2 billion buyout of Australian airline Qantas Airways, because the Au$5.45 per share purchase price is too low. BEM owns around 4% of Qantas. The buyout consortium includes Macquarie Bank and TPG. www.qantas.com
Bridgepoint Capital and Wendel Investissement are the two remaining bidders for the education unit of Amsterdam-based publisher Wolters Kluwer NV, according to Dow Jones. The offers are reported to be in excess of 700 million, with Bridgepoint believed to have an edge. www.wolterskluwer.com
Imperial Capital Corp. has acquired Montreal-based cosmetics company Lise Watier Cosmetiques for an undisclosed amount. Kensington Capital Partners also participated. www.lisewatier.com
The Blackstone Group has acquired a controlling interest in RGIS Holdings LLC, an Auburn Hill, Mich.