Nonantum Capital Partners acquires Helix Traffic Solutions
Nonantum Capital Partners (Nonantum), a middle-market private equity firm, has acquired Helix Traffic Solutions (Helix), a provider of mission-critical traffic management services and equipment. Helix offers a full suite of traffic safety solutions, including traffic control, flagging, equipment rental, and sign installation services. All of Helix’s services are provided to keep road workers, utility contractors, […]
Ares-Backed CoolSys Acquires T&O Refrigeration
CoolSys, a refrigeration, HVAC, engineering and energy solutions company, has acquired T&O Refrigeration, an independently owned refrigeration services company in the Southeast region of the U.S. With this acquisition, CoolSys expands its market presence throughout the Southeast with significantly increased market share in Georgia and Nashville, Tennessee. CoolSys is a portfolio company of Ares Management. “As CoolSys continues […]
CPPIB Acquires Stake in CeramTec
Canada Pension Plan Investment Board has agreed to acquire a stake in CeramTec GmbH, the German technical ceramics maker owned by buyout firm BC Partners. BC Partners and Canada Pension Plan will each own about half of CeramTec along with their co-investors, they said in a statement T, confirming an earlier Bloomberg News report. The transaction values CeramTec […]
Deutsche Post Buys Drinks Shipper Hillebrand for $1.8 Billion
Deutsche Post AG agreed to buy fellow German logistics specialist J.F. Hillebrand Group AG for 1.5 billion euros ($1.8 billion), boosting its position in the lucrative beverage-transportation market. Hillebrand was founded 175 years ago as a carrier of wine barrels, and also moves beer, spirits, dairy products, olive oil and bulk liquids. The purchase, announced Tuesday, is Bonn-based […]
Meggitt presses ahead and publishes documents for Parker-Hannifin £6.3bn takeover bid
British defence technology firm Meggitt has published its scheme documents for a recommended £6.3bn takeover by Parker, just five days after it received a proposal for a potentially higher bid from US rival Transdigm. Meggitt said its takeover panel will announce a deadline by which TransDigm must clarify its intentions in relation to its offer, […]
U.K. Defense Firm Ultra Electronics Agrees to Cobham Takeover
Ultra Electronics Holdings Plc said it has accepted a 2.57 billion-pound ($3.6 billion) buyout approach from Cobham Ltd. to unite the British manufacturers of defense and aerospace systems. The firms said in a statement Monday that they’d reached agreement on an all-cash deal valuing Ultra at 35 pounds as share. That’s after Ultra said July 23 it was […]
HSBC to acquire AXA’s Singapore unit for $575m
HSBC said Monday that its subsidiary has agreed to buy French-multinational insurance firm Axa’s business in Singapore for $575m. The acquisition is a part of HSBC’s plans to expand its wealth management business in Asia. HSBC, Europe’s biggest bank by assets, will fund the acquisition through existing resources and the lender said in a statement […]
Kainos Capital acquires Muenster Milling
Kainos Capital, a private equity firm specialising in acquiring and managing food and consumer businesses, has partnered with Mitch and Chad Felderhoff to acquire their family business, Muenster Milling (Muenster), a fourth-generation pet food and ingredient manufacturer based in Texas. Andrew Rosen, Managing Partner of Kainos, says: “We are excited to add Muenster to the […]
Zooplus agrees €3bn private equity takeover
Zooplus, the German online pet supplies retailer, has agreed a €3bn takeover by US investor Hellman & Friedman in the latest move by a private equity group to cash in on fast-growing animal care spending by pet-loving consumers. The €390 per share in cash offer to take the company private is a 40 per cent […]
Buyout firm EnCap Investments agrees $1.5 bln purchase of EP Energy
Private equity firm EnCap Investments has agreed to acquire EP Energy for $1.5 billion, people familiar with the matter said, less than a year after the oil and gas producer emerged from a bankruptcy process that handed control to its creditors. EnCap plans to split EP, which holds production assets in South Texas and Northeastern […]
