Bain Capital buys a big medical supplies B2B marketplace
PartsSource, which says it has an inventory of more than four million products on its marketplace ranging from batteries, beds, tables, cables, infusion pumps, monitors, sterilizers to other medical and surgical products, has agreed to be acquired by Bain Capital Private Equity. Bain is purchasing PartsSource from Great Hill Partners for an undisclosed price. “PartsSource has clear […]
Clifford Chance advises Cinven on €1bn acquisition of majority stake in Restaurant Brands Iberia
Clifford Chance has advised international private equity firm Cinven on the agreement reached with Restaurant Brands Iberia’s (RB Iberia), current shareholders (the founding families and Burger King Europe GmbH) on its acquisition of a majority stake in RB Iberia’s share capital. Valued at more than €1 billion, the investment represents the largest transaction in the […]
Vauban Infrastructure Partners acquires SPER
Vauban Infrastructure Partners (Vauban) has acquired SPER – Sociedade Portuguesa para a Construção e Exploração Rodoviária, and Planestrada – Operação e Manutenção Rodoviária, two companies that manage a 113 km shadow-toll road on IP-2 in the province of Baixo Alentejo (Portugal). Through this acquisition Vauban strengthens its investment in the mobility sector in Portugal. Through […]
Wynnchurch Capital acquires Trimlite
Wynnchurch Capital has acquired Trimlite, a manufacturer and distributor of residential doors and related door products. Founded in 1982 and headquartered in Renton, Washington, Trimlite has developed a strong presence in the US and Canada by providing high quality products and value-added services to its diverse network of wholesale distributors, dealers, local door retailers, and […]
Equistone acquires Vertbaudet from Alpha Private Equity
European mid-market private equity firm Equistone has acquired a majority stake in Vertbaudet, a European e-commerce platform dedicated to childhood. Following this transaction, Equistone now holds a majority stake in Vertbaudet, alongside the executive team. Through a robust omnichannel model – which has demonstrated resilience throughout the Covid-19 crisis – the Group expects to achieve […]
Apollo closes in on agreement with group of foreign bidders for Morrisons
US private equity giant Apollo is closing in on an agreement to join forces with a group of foreign bidders for Morrisons supermarkets, tightening the consortium’s grip on the grocery chain. Fortress, which is backed by Japanese investment giant Softbank, has teamed up with American businessman Charles Koch and the Canada Pension Plan Investment Board […]
U.K. Sonar Specialist Ultra Warms to Cobham’s Takeover Bid
Ultra Electronics Holdings Plc received a 2.58 billion-pound ($3.55 billion) buyout approach from Cobham Ltd. and said it’s inclined to accept the bid to unite the two British manufacturers of defense and aerospace electronics. The shares jumped the most on record after Ultra said Friday that Cobham, owned by U.S. private-equity firm Advent International Corp., made a non-binding offer of 35 […]
Proofpoint Stockholders Approve Acquisition by Thoma Bravo
Proofpoint, Inc., a leading cybersecurity and compliance company, today announced that its stockholders voted to approve the acquisition of Proofpoint by Thoma Bravo, a leading software investment firm. Gary Steele, Chairman and CEO of Proofpoint, said, “On behalf of the Proofpoint Board of Directors, I would like to thank our stockholders for their support of […]
PRIVATE EQUITY FIRM ACHIEVE PARTNERS ACQUIRES OPTIMUM HEALTHCARE IT
Private equity firm Achieve Partners acquired Optimum Healthcare IT, a provider of healthcare IT staffing and solutions focused on implementation and integration of headquartered in Jacksonville Beach, Florida. The acquisition is the first in Achieve Partners’ Putting America Back to Work Fund. Optimum Healthcare IT’s offerings include Optimum CareerPath, a paid apprenticeship program that helps […]
White & Case advises Carlyle Group on LiveU acquisition
Global law firm White & Case LLP has advised The Carlyle Group on its acquisition of LiveU from Francisco Partners. “Our team helped to successfully navigate this strategic investment, which will enable Carlyle to continue to support the growth of media tech companies and LiveU to reach new customers,” says White & Case partner Ken […]
