VCJ Staff
Veronis Suhler Stevenson has acquired a control position in MediZine LLC, a publisher of health and fitness magazines like Healthy Living. No financial terms were disclosed. www.vss.com www.medizine.com
Archer Daniels Midland (NYSE: ADM) stock rose nearly 3% yesterday on vague rumors of a possible buyout offer, but no specific suitors were named. The food processing company is currently valued at around $23 billion.
Diamond Castle Holdings has agreed to pump another $100 million of equity into Catamount Energy Corp., a Rutland, Vt.-based operator of wind power generation projects, according to LBO Wire. Earlier this month, Catamount acquired 50% of EPG Fuel Cell LLC, a developer of power projects based on fuel cell technologies. www.catenergy.com
Wildlands Inc., a Rocklin, Calif.-based company focused on wetlands mitigation and conservation banking, has raised an undisclosed amount of private equity funding from Parthenon Capital. Wildlands creates environmental credits, which it then sells and trades on the open market to public agencies, private developers and financial institutions to mitigate for environmental impacts and enable developers […]
General Atlantic has completed its acquisition of a majority stake in AKQA Inc., a San Francisco-based interactive marketing company, from Francisco Partners. No financial terms were disclosed, although The Wall Street Journal had previously reported that the asking price had been between $200 million and $250 million. www.akqa.com
Spire Capital Partners has agreed to acquire a majority stake in Professional Bull Riders Inc., a Colorado Springs, Colo.-based professional bull riding organization. No financial terms were disclosed. Bear Stearns is advising PBR on the deal. www.spirecapital.com www.pbrnow.com
AIG Capital Partners has acquired an undisclosed stake in Falcon Farms, an importer and distributor of flowers from Latin America to the U.S. and Canadian markets. No financial terms were disclosed. www.aig.com
TA Associates has agreed to acquire UK-based fund manager Jupiter Asset Management from Commerzbank for just over
Blackrock has become the third Laureate Education Inc. (Nasdaq: LAUR) shareholder to publicly oppose a $3.8 billion buyout by by a consortium that includes Laureate chairman and CHO Douglas Becker, Kohlberg Kravis Roberts & Co., Citigroup Private Equity; S.A.C. Capital Management, SPG Partners, Bregal Investments, Caisse de d
Cerberus Capital Management has offered to acquire BPO and IT services provider Affiliated Computer Services Inc. (NYSE: ACS) for around $6 billion, according to The Wall Street Journal. Cerberus is being joined on the $59.25 per share bid by ACS founder Darwin Deason, who holds around 40% of ACS common stock and a control position […]