VCJ Staff
Welsh, Carson, Anderson & Stowe has agreed to acquire United Surgical Partners International Inc. (Nasdaq:USPI), a Dallas-based owner and operator of short-stay surgical facilities. The total transaction is valued at approximately $1.8 billion, with USPI shareholders receiving $31.05 per share. www.wsac.com www.unitedsurgical.com
Goldman Sachs and CanWest Global Communication plan to offer up to Cdn$2.5 billion for Canadian media company Alliance Atlantic Communications Inc., according to The Globe and Mail.
Lakeview Equity Partners has acquired Automatan, a Plover, Wis.-based manufacturer of lithographic labeling equipment for the global corrugated packaging industry. No financial terms were disclosed. www.automatan.com
The New York Times Co. has agreed to sell its Broadcast Media Group to Oak Hill Capital Partners for $575 million. The group consists of nine network-affiliated television stations, including: * WHO-TV in Des Moines, Iowa (NBC) * KFSM-TV in Ft. Smith, Ark. (CBS) * WHNT-TV in Huntsville, Ala. (CBS) * WREG-TV in Memphis, […]
Merck KGaA has decided to seek potential buyers for its generics business, according to German newspaper Handelsblatt. Such a sale could generate anywhere from Euro 4 billion to Euro 5.5 billion.
First Reserve Corp. has agreed to acquire scaffolding services provider Brand Energy & Infrastructure Services from JPMorgan Partners. No financial terms were disclosed for the deal, which comes four years after JPMorgan Partners beat out First Reserve to buy the company from DLJ Merchant Banking for around $500 million. Brand Energy currently is in registration […]
New England Capital Partners has acquired Tog Manufacturing Co. from Pegasus Management Group and Green Mountain Partners, according to LBOWire. No financial terms were disclosed. Tog is a North Adams, Mass.-based maker of submarine and power generation parts. www.togmanufacturing.com
Lincolnshire Management has acquired BHS Inc., a provider of trucking services for the oil and gas industry in the Wind River Basin of Wyoming. No financial terms were disclosed for the deal, which will result in BHS being merged with existing Lincolnshire portfolio company Dalbo. The deal comes just days after Lincolnshire announced another Dalbo […]
EGL Inc. (Nasdaq: EAGL), a Houston
Avista Capital Partners has agreed to acquire the assets of Phillips Investment Resources LLC, a Rockville, Md.-based provider of subscription-based investment advice, from Phillips International Inc. No financial terms were disclosed. www.avistacap.com www.phillips.com