VCJ Staff
Golden Gate Capital and JP Capital Partners have acquired Cydcor Inc., a Westlake Village, Calif.-based provider of outsourced face-to-face sales. No financial terms were disclosed. www.cydcor.com
CIVC Partners has acquired Guardian Warranty Corp., an Avoca, Pa.-based marketer, administrator and insurer of extended vehicle service contracts. No financial terms were disclosed for the deal, which was done in partnership with company management. www.civc.com www.guardian-warranty.com
DaimlerChrysler AG said yesterday that it might be open to selling Chrysler Group, as part of an announcement that it would lay off 13,000 workers from the troubled U.S. automaker.
Wachovia Capital Partners has acquired a majority stake in Integrated Broadband Services LLC, a Kennesaw, Ga.-based provider of operational support software and back office services for cable and broadband operators. No financial terms were disclosed. www.ibbsonline.com
Reed Elsevier has retained UBS to help sell its Harcourt Education division by the second half of this year. It is not yet in talks with any specific buyers.
Investcorp has acquired Armacell International GmbH, a Munster, Germany-based provider of flexible technical insulation that was spun off from Armstrong World Industries in 2000. No financial terms were disclosed. www.investcorp.com
The Italian Treasury announced that five bidders have made the shortlist to acquire airline carrier Alitalia. They are: Texas Pacific Group, MatlinPatterson Global Advisors, Goldman Sachs/Cerberus, Unicredit and AP Holding. Terra Firma was among six bidders that didn't make the first cut.
Vestar Capital Partners has agreed to acquire an equity position in AZ Electronic Materials, a Luxembourg-based supplier of electronic materials to the flat panel display and integrated circuit markets. The company was acquired by The Carlyle Group in 2004, and now will be jointly owned by Vestar and Carlyle as equal partners. AZ management also […]
AXA Private Equity has acquired an undisclosed stake in Trecobat Group, a Brittany, France-based homebuilder. No additional details were released. www.axaprivateequity.com
Sun European Partners has acquired Manoir Industries, a France