VCJ Staff
WestView Capital Partners has sponsored a recapitalization of TriTech Software Systems, a San Diego-based provider of public safety software solutions. No financial terms were disclosed. TriTech founder and CEO Chris Maloney will continue to be majority shareholder, while WestView will hold a minority ownership position. www.wvcapital.com www.tritech.com
DLJ Merchant Banking Partners has acquired Total Safety U.S. Inc. from H.I.G. Capital Partners for an undisclosed amount. Total Safety is a Houston, Texas
CCMP Capital Asia reportedly has agreed to acquire Repco Corp., the largest retailer of car parts in Australia and New Zealand. The deal is worth Au$336 million, or Au$1.75 per share in cash. www.ccmpcapital.com www.repco.com.au
Silver Lake Partners and Texas Pacific Group are nearing a deal to acquire travel reservations company Sabre Holdings (NYSE: TSG) for around $4 billion, according to The New York Times. A rival group is led by Apollo, with a third group also considering an offer.
RoundTable Healthcare Partners has completed its purchase of Bioniche Life Sciences Inc.'s 10% ownership stake in Bioniche Pharma Group Ltd. RoundTable concurrently made a further equity investment in the Company to support growth initiatives. Financial terms of the BLSI purchase and RoundTable's incremental equity investment were not disclosed. www.roundtablehp.com
AIG Global Investment Group has agreed to purchase six port terminals for DP World of Dubai. No financial terms were disclosed, although the asking price was reported to have been around $700 million. DP World acquired the assets earlier this year, via its $6.8 billion purchase of UK-based Peninsular & Oriental Steam Navigation Company, but […]
Industri Kapital has sold Brussels-based prefabricated concrete company Consolis to LBO France for an undisclosed amount. Consolis has 2005 sales of Euro 1.2 billion, EBITDA of Euro 123 million and over 8,000 employees. www.industrikapital.com
ProSiebenSat.1 Media AG has set tomorrow as the deadline for final buyout offers, according to The Wall Street Journal. Remaining bidders for the German broadcaster are believed to be KKR/Permira, Apax Partners/Goldman Sachs and Dogin Yayin Holding of Turkey.
Gannett Co. (NYSE: GCI) is considering a sale of its UK newspaper unit Newsquest, according to The Sunday Express. The unit could fetch up to Gbp1.5 billion. www.gannett.com
The Sterling Group has completed its acquisition of Hudson Products Corp. from Madison Capital Partners. No financial terms were disclosed. Both Madison and the Hudson management team reinvested as part of the deal, while BNP Paribas provided leveraged financing. Hudson Products is a Sugar Land, Texas-based provider of air-cooled heat exchangers and axial-flow fans to […]