Cinven-backed NSM acquires Canada Care Medical Group
National Seating & Mobility (NSM), North America’s largest provider of comprehensive mobility solutions, has acquired Canada Care Medical Group, Canada’s second-largest provider of home medical equipment (HME) and mobility services. With the acquisition, NSM acquires 10 locations in four new provinces in Eastern Canada. “Helping individuals gain personal independence through custom mobility and accessibility solutions […]
Brightstar Capital Partners to acquire majority stake in XLerate
Brightstar Capital Partners (Brightstar), a private equity firm focused on partnering with families, founders, entrepreneurs and management teams, is to acquire a majority stake in XLerate Group (XLerate), a car auction and remarketing facilitation company. The Company’s senior management team, as well as current owner Huron Capital, both will retain minority equity stakes in the […]
Swedish drugmaker SOBI soars on $8 billion takeover bid from U.S. private equity
Swedish drugmaker Orphan Biovitrum (SOBI) has agreed to an $8 billion takeover bid from US private equity firm Advent International and Aurora Investment, an affiliate of capital markets group GIC. The SOBI – GIC deal, once finalized, could be the largest-ever leveraged buyout in Sweden. SOBI shares rose by 27 percent to SKr243.50, way ahead of the recommended offer price of Skr235, […]
Cinven pulls out of takeover battle for Sanne
Private equity firm Cinven has bowed out of the potential bidding war to buy FTSE 250 asset manager Sanne Group. London-based Cinven made a series of takeover offers for Sanne earlier this year, sweetening its final offer to 875p per share, valuing the firm at around £1.4 billion in June. This offer was ultimately rejected […]
HIG Capital completes acquisition of Jackson Paper Manufacturing and Sustainable Corrugated
An affiliate of HIG Capital (HIG) has completed the acquisition of Jackson Paper Manufacturing and Sustainable Corrugated (JPM). Founded in 1995, JPM is a leading vertically integrated manufacturer of 100% recycled corrugated packaging. Headquartered in Sylva, North Carolina, JPM specializes in the manufacturing of 100% recycled medium, corrugated sheets, and digitally printed corrugated packaging. JPM’s diverse […]
Everstone snaps up Calibre Chemicals for about $100 mn
Singapore-headquartered private equity major Everstone Capital on Tuesday announced the acquisition of a controlling stake in Calibre Chemicals, which is a specialty ingredients player focused on the pharmaceutical, nutritional and personal care segments, for a reported $100 million. The city-based, privately-held Calibre was established in 1984 and manufactures a range of specialty chemicals falling into […]
CVC and TA to partner with Mediaocean and fuel growth of global omnichannel advertising platform
Mediaocean, the leading global omnichannel advertising platform, today announced an investment from funds advised by CVC Capital Partners, along with TA Associates, who are acquiring the stake in the company held by Vista Equity Partners. As a leader in global advertising technology, Mediaocean helps the world’s top agencies and marketers manage $200 billion in annualized media spend. […]
Thoma Bravo Completes Acquisition of Proofpoint
Thoma Bravo, a leading software investment firm, and Proofpoint, Inc. (“Proofpoint), a leading cybersecurity and compliance company, today announced the completion of Thoma Bravo’s acquisition of Proofpoint for approximately $12.3 billion in cash. The acquisition was previously announced on April 26, 2021, and Proofpoint’s stockholders approved the transaction at the Special Meeting of Shareholders held […]
QTS Realty Trust Stockholders Approve Acquisition by Blackstone Funds
QTS Realty Trust (NYSE: QTS) (“QTS” or “the Company”) today announced that, at a Special Meeting of Stockholders held earlier today, QTS stockholders voted to approve the acquisition of QTS by affiliates of Blackstone Infrastructure Partners, Blackstone Real Estate Income Trust, Inc. and Blackstone Property Partners. “I thank our stockholders for their strong support of […]
KKR acquires New Zealand’s Ritchies Transport
Fresh from buying Spark Infrastructure (with Ontario Teachers’ Pension Plan), the global investment firm has snatched up a significant stake in the leading transportation business in New Zealand, buying into 86-year-old company Ritchies Transport. The companies have signed a definitive agreement. It is KKR’s first infrastructure investment in New Zealand. Ritchie’s has a fleet of […]
