wpengine
Lamson & Sessions (NYSE: LMS) has retained Perella Weinberg Partners to help is explore strategic and financial alternatives that could include a sale of the company. News of the review sent the thermoplastic enclosure-maker's stock up 6.5% to $28.50 per share. www.lamson-sessions.com
TI Automotive has agreed to sell its Industrial Group businesses — Bundy Refrigeration, Walbro Engine Management and VARI-FORM
Parallel Investment Partners has sponsored a buyout of Mealey's Furniture and Mattress, a furniture retailer in the greater Philadelphia area. No financial terms were disclosed. www.parallelip.com
Investar of Irving, Texas has acquired Dallas-based bakery company Celebrity Cafe & Bakery. No financial terms were disclosed.
Gryphon Investors has closed its acquisition of G.I. Joe's Inc., a Wilsonville, Ore.
Cypress Semiconductor Corp. (NYSE:CY) has agreed to sell its Silicon Valley Technology Center business to Oak Hill Capital Partners and Tallwood Venture Capital for approximately $53 million in cash. The transaction is expected to close by early March. SVTC gives startups and established companies the opportunity to develop and characterize novel silicon-based technologies cost effectively […]
Educate Inc. (Nasdaq: EEEE), a Baltimore
Investor AB and Morgan Stanley have agreed to buy Swedish surgical glove maker Moelnlycke Health Care AB from Apax Partners for Euro 2.85 billion. Losing bidders reportedly included Blackstone Group and Clayton Dubilier & Rice.
Gryphon Investors has agreed to acquire G.I. Joe's Inc., a Wilsonville, Ore.
Bay to Bay Capital Partners has acquired the assets of L&S Supplies Inc., a Hudson, Fla.-based regional supplier of pre-hung doors and millwork products. No financial terms were disclosed. The sellers were company founders John Schroder and Mike Mahoney, who will remain in charge of day-to-day operations at L&S. www.baytobaycapital.com