Thomas H Lee Partners to acquire automation business from Brooks Automation in USD3bn cash deal

Thomas H Lee Partners, a private equity firm investing in growth companies, is to acquire Brooks Automation’s (Brooks) Semiconductor Solutions Group business (or automation business) in a transaction valued at USD3 billion. The transaction is expected to close in the first half of calendar year 2022 upon satisfaction of customary closing conditions and regulatory approvals. This […]

Audax Private Equity acquires GCX Mounting Solutions

Audax Private Equity (Audax) has acquired a majority stake in GCX Mounting Solutions. Terms of the transaction have not been disclosed. Based in Petaluma, California, GCX is special in the design and manufacturing of healthcare-focused, mission-critical equipment mounting and mobility solutions, including branded-arms, mounts, and roll stands. Products are engineered for reliability and quality and […]

Platinum Equity Purchases Petmate

Platinum Equity has acquired Petmate, a maker of pet products sold through a wide range of retail partners. Headquartered in Arlington, Texas, Petmate manufactures, sources and markets a diverse product line that includes plastic and wire pet kennels, dog houses, toys, food storage, bedding, treats and chews, and other pet-related products and accessories. “Petmate has been a […]

Apax Funds and Warburg Pincus to acquire T-Mobile Netherlands in EUR5.1bn deal

Funds advised by private equity firm Apax Partners (Apax) and global growth investor Warburg Pincus, have agreed to acquire T-Mobile Netherlands Holding from Deutsche Telekom AG and Tele2 AB. The transaction values the company at an Enterprise Value of EUR5.1bn. T-Mobile operates four brands – T-Mobile, Tele2, Ben, and Simpel. Under the current management team, […]

FDH Aero Acquires Madison Aerospace

FDH Aero (“FDH”), an aerospace and defense products distributor serving aircraft production and aftermarket supply chains, has acquired Madison Aerospace (“Madison”). The acquisition broadens FDH’s reach with additional product offerings in the OEM segment, serving a diversified customer base. Madison Aerospace was founded in 2000 by Brian Hutchins and is based in Haltom City, Texas. […]

Francisco Partners acquires Follett School Solutions

Follett Corporation has sold Follett School Solutions (FSS), the company’s K-12 software and content division, to Francisco Partners, a technology-focused global investment firm. Follett School Solutions, based in McHenry, Illinois, is a longtime trusted educational partner to K-12 schools and districts that provides software and content products, including Follett Destiny, FSS’ market-leading library management system […]

Blackstone Reportedly in Talks to Buy Singapore’s Interplex for $1B

Blackstone Inc. is in advanced talks to acquire Singaporean precision components business Interplex for about $1 billion, according to people familiar with the matter.The U.S. buyout firm is hammering out the details of a transaction with owner Baring Private Equity Asia, the people said, asking not to be identified because the matter is private. Blackstone has emerged as […]

BC Partners-owned United Group to acquire Greek telecoms operator Wind Hellas

United Group, a provider of telecommunications services and media in Southeast Europe, has reached an agreement with Crystal Almond Holdings Limited to acquire Greek telecoms operator Wind Hellas, one of the country’s three mobile operators. Wind has a total of 4.2 million users and offers mobile, fixed, internet, and television services. It generates revenues in […]

Inovalon Nears Sale to Nordic Capital and Insight Partners

Nordic Capital and Insight Partners agreed to buy health-care software company Inovalon Holdings Inc. in a deal valuing the company at $6.4 billion. Inovalon investors will get $41 per share in cash, the company said in a statement on Thursday, confirming an earlier Bloomberg News report. Inovalon Chief Executive Officer Keith Dunleavy, 22C Capital and other stockholders also joined the consortium. The deal is […]