VCJ Staff
Shore Points Capital Partners has acquired the assets and certain liabilities of SGS Partners and National Steelcrafters of Oregon Inc. The companies are based in Arlington, Texas, and make pellet stoves and other hearth products under the Breckwell brand. CapitalSource provided leverage for the deal. Shore Points formed earlier this year as an independent spinout […]
Castle Harlan has agreed to buy AmeriCast Technologies Inc. from KPS Special Situation Funds for $110 million. AmeriCast is an Atchison, Kansas-based maker of highly-engineered steel castings.
Caxton-Iseman Capital has agreed to acquire Valley National Gasses Inc. (AMEX: VLG) for $27 per share. The total deal is valued at approximately $312 million, including around $63 million in assumed debt. Valley National is an independent U.S. distributor of industrial, medical and specialty gases delivered in “packaged” or cylinder form, related welding equipment and […]
Amec PLC (London: AMEC), a UK-based construction company, has rejected a Gbp1.5 billion buyout offer from First Reserve Corp. and Texas Pacific Group. www.amec.com
Diamond Castle Holdings has agreed to acquire BlueStone TV Holdings Inc. from Providence Equity Partners for $230 million. BlueStone is a Wichita, Kan.
Caltius Equity Partners has acquired a controlling interest in Meyer Control Corp., a Vacaville, Calif.-based instrumentation and control systems integrator, specializing in the water and wastewater industry. No financial terms were disclosed. Caltius partnered on the deal with David Bell, former president and COO of TestAmerica Environmental Services and TestAmerica Drilling Services. www.caltius.com www.meyercontrol.com
Circle Peak Capital has acquired and recapitalized WealthTrust Inc., a Nashville, Tenn.-based wealth management subsidiary of Morgan Keegan & Co. and Regions Financial Corp. No financial terms were disclosed for the deal, which also included participation from company management and junior leverage from Falcon Investment Advisors. www.circlepeakcapital.com www.wealthtrust.com
GTCR has formed QFour Digital Inc., a Santa Barbara, Calif.-based acquisition platform focused on tech-based businesses in the online advertising and marketing services industry. Jeffrey Pullen, former COO of ValueClick, will serve as QFour's CEO. www.gtcr.com www.qfourdigitalfund.com
Freescale Semiconductor Inc. (NYSE: FSL) shareholders approved the pending $40 per share acquisition by The Blackstone Group, The Carlyle Group, Permira and Texas Pacific Group. The deal is expected to close later this quarter. www.freescale.com
Alta Communications has acquired Retail Systems Alert Group, a Newton, Mass.