VCJ Staff
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.
Sun Capital Partners and Golden Gate Capital have agreed to acquire retailer Eddie Bauer Holdings Inc. (Nasdaq: EBHI) for $9.25 per share (12% premium to 4-week closing average). The total deal is valued at approximately $614 million, including around $328 million of debt to be repaid. It is expected to close in Q1 2007. Goldman […]
Graham Partners has completed a $215 million recapitalization of portfolio company Infiltrator Systems, a manufacturer of plastic chambers for onsite wastewater management systems in the septic leach-field and storm-water markets. First-lien providers include Merrill Lynch Capital, GE Antares and National City Bank, while second-lien providers include American Capital Strategies and Deerfield Capital. www.grahampartners.com
First Reserve Corp. and Texas Pacific Group are considering a joint offer for Amec PLC (London: AMEC). www.amec.com
Golden Gate Capital has completed a recapitalization of Venus Swimwear Inc., and subsidiaries WinterSkills LLC and Venus Manufacturing. No financial terms were disclosed for the recap, which was done in partnership with company management. Venus is a Jacksonville, Fla.-based women's swimwear company. It will now reside beneath the umbrella of Golden Gate acquisition platform Catalog […]