VCJ Staff
Wind Point Partners has acquired Santa Maria Foods, a Toronto-based manufacturer, marketer and distributor of Italian-style deli meats, primarily under the San Daniele and Mastro brands. No financial terms were disclosed. In related news, former Dare Foods president Fred Jaques has been named CEO of Santa Maria Foods. www.windpointpartners.com
American Capital Strategies has acquired a 6.8% equity interest in Explorer Pipeline Co. from Citgo Petroleum Corp. Explorer Pipeline owns and operates the second-largest refined liquid petroleum products pipeline in the United States. www.acas.com
Riverside Partners has teamed with company management to acquire J-Pac LLC, a Somersworth, N.H.-
Baird Capital Partners Europe has sponsored a Euro 156 million management buyout of Zarges Tubesca Group, a European manufacturer of aluminum-based platform and elevator systems for industry, airports and wind power systems, from AlpInvest. Zarges Tubesca has dual headquarters in Weilheim, Germany and Ailly, France. www.bcpe.co.uk www.zarges.de
Laureate Education Inc. (Nasdaq: LAUR), a Baltimore-based provider of on-campus and online higher education, has agreed to be acquired for $3.8 billion 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
The Carlyle Group has agreed to acquire organic residuals recycler Synagro Technologies Inc. (Nasdaq: SYGR) for $5.76 per share. The total deal is valued at $772 million, including the assumption of $310 million in debt. Lehman Brothers managed the auction. www.carlyle.com www.synagro.com
Leonard Green & Partners has sponsored a recapitalization of The Brickman Group, a Gaithersburg, Md.-based provider of commercial landscape maintenance services. No financial terms were disclosed for the deal, which represents an exit for CIVC Partners. www.leonardgreen.com www.brickmangroup.com
Aramark Corp. has been taken private via a $8.3 billion buyout led by CEO Joseph Neubauer, and including private equity firms GS Capital Partners, CCMP Capital Advisors, JPMorgan Partners, Thomas H. Lee Partners and Warburg Pincus. The deal provided Aramark shareholders with $33.80 per share. www.aramark.com
The Blackstone Group has agreed to acquire an undisclosed stake in Indian media company Ushodaya Enterprises Ltd., in exchange for a $275 million equity infusion. The deal also includes $190 million in bank financing, and is subject to regulatory approval. Kotak Investment Banking advised Ushodaya Enterprises on the deal. Ushodaya Enterprises owns India's third-largest newspaper […]
Levine Leichtman Capital Partners has acquired Wetzel's Pretzels LLC, a Pasadena, Calif.-based franchisor of soft pretzels and pretzel-based snacks category. No financial terms were disclosed. BB&T Capital Markets advised Wetzel's on the deal. www.wetzels.com