VCJ Staff
Apollo Management has agreed to acquire real estate franchisor Realogy Corp. (NYSE: H) for $30 per share. The entire deal is valued at approximately $9 billion, including around $1.6 billion in assumed debt and approximately $750 million of other liabilities. Apollo is committing $2 billion of equity, and has secured leveraged financing commitments from JPMorgan, […]
Court Square Capital Partners and Weston Presidio have agreed to acquire Denver-based specialty chemical manufacturer MacDermid Inc. (NYSE: MRD) for $35 per share. The transaction is valued at over $1.3 billion, including assumption or repayment of approximately $301 million of debt. Company chairman and CEO Daniel Leever is participating alongside the equity sponsors, while Court […]
Mason Wells has completed its acquisition of The Oilgear Co. (Nasdaq/NMS: OLGR) for $15.25 per share. Oilgear is a Milwaukee
3i Group has acquired European chemical distributor Azelis Group from Cognetas (f.k.a. Electra Partners Europe) for Euro 315 million. Azelis was formed in 2001 via the merger of Novocherm (Italy) and Arnaud (France). www.3i.com www.azelis.com
3i Group has agreed to acquire substantially all of Dutch careers classified and B2B magazine group VNU Business Media Europe from VNU, which is controlled by a private equity consortium that includes AlpInvest Partners, Blackstone Group, Carlyle Group, Hellman & Friedman, KKR and Thomas H. Lee Partners. No financial terms were disclosed www.vnu.com www.netratings.com
Argus Capital Partners has acquired a majority stake in GTX Hanex Plastic, a Poland-based manufacturer of polyethylene terephthalate preforms, bottles and films, from Montluc Holdings. No financial terms were disclosed. www.arguscapitalgroup.com www.hanex.com.pl
Hermes Private Equity has acquired an undisclosed stake in French holiday park company Siblu Holdings Ltd. The deal is valued at Gbp100 million, with leverage being provided by Barclays Leveraged Finance. www.hermesprivateequity.co.uk
MidOcean Partners has sponsored a recapitalization of Totes-Isotoner Corp., a
Tenaska Power Fund has completed its $1.64 billion acquisition of six power plants from Constellation Energy (NYSE: CEG). www.tenaska.com
The Blackstone Group has acquired UK-based restaurant chain operator Tragus Ltd. from Legal & General Ventures for approximately Gbp267 million. Tragus management also participated alongside Blackstone. Tragus operates over 160 restaurants, under core brands Caf