VCJ Staff
Candover has agreed to acquire Parques Reunidos from Advent International for around Euro 900 million. Parques Reunidos operates a total of 22 parks
J.W. Childs Associates has agreed to acquire Houston, Texas-based Mattress Holdings Corp. from Sun Capital Partners, according to a Moody's report. The total deal is valued at $450 million (including repayment of existing debt), with a financing package that includes a $185 million senior-secured term loan and a $25 million senior-secured revolving credit facility. www.jwchilds.com […]
Weston Presidio has agreed to acquire Evenflo Inc. from Harvest Partners, according to an FTC clearance. Evenflo is a Vandalia, Ohio-based maker of baby products like carseats, strollers and highchairs. LBO Wire reports that Credit Suisse is syndicating a $205 million financing package for the deal. www.evenflo.com
GF Capital has acquired Trade Service Company LLC, a San Diego
Time Inc. on Monday received multiple second-round bids for the 18 titles it put on the block last year, according to The NY Post. Suitors include Bonnier Publications, Quadrangle Group, Boston Ventures, Intermedia Advisors and Active Media/Windpoint Partners. Elevation Partners also might be in the mix. www.time.com
The Carlyle Group has once again increased its bid for Dallas-based roofing and building products company ElkCorp (NYSE: ELK), due to competition from Building Materials Corporation of America. The latest Carlyle offer is $42 per share, which matches the latest bid from BMCA. Carlyle originally bid $38 per share, and later increased it to $40.50 […]
TDC AS has agreed to sell Baltic mobile operator Bite Lietuva to Mid Europa Partners for approximately Euro 450 million. www.mideuropa.com
Bertram Capital has acquired AuthorHouse from Gazelle Tech Ventures for an undisclosed amount. AuthorHouse is a Bloomington, Ind.
The Carlyle Group and Providence Equity Partners have agreed received shareholder approval for their proposed $38 per share acquisition of Open Solutions Inc. (Nasdaq: OPEN), a Glastonbury, Conn.
Fidelity Investments plans to oppose Bain Capital and Thomas H. Lee Partners' planned $19 billion buyout of radio broadcaster Clear Channel Communications, according to Bloomberg. Fidelity is Clear Channel's largest shareholder, with an 11% stake.