Private Equity Deals that closed! July 17, 2013


Information provide by Associated Press, CB Insight, Crunchbase, Forbes, Market Watch, Rueters, and other sources.  Please check company website for best information.

AXA Private Equity has increased its offer for French catering company Elior by €250 million to €3.7 billion, according to Les Echos. Elior is currently owned by Charterhouse Capital Partners.www.elior.fr

The Blackstone Group has agreed to acquire a majority stake in Indian auto parts maker Agile Electric Works for approximately $100 million, according to Reuters. www.blackstone.com

Findly, a social recruiting company sponsored by Symphony Technology Group, has acquired New York-based talent communications company Bernard Hodes Group from Omnicom (NYSE: OMC).www.hodes.com

MW Industries
, a Rosemont, Ill.-based portfolio company of Genstar Capital, has acquired Mohawk Spring, a Schiller Park, Ill.-based manufacturer of custom precision springs. No financial terms were disclosed. www.genstarcap.com

Platinum Equity
 has agreed to acquire CBS Outdoor International, an outdoor media business with a particularly large share of the European billboard business, from CBS Corp. (NYSE: CBS). The deal is valued at approximately $225 million. www.cbs.com

RTI Biologics Inc. (Nasdaq: RTIX) completed its previously-announced acquisition of Pioneer Surgical Technology, a Marquette, Mich.-based developer of metal and synthetic products in the orthopedics, biologics, spine, trauma and cardiothoracic markets. The deal was valued at $130 million in cash, which was partially financed via a $50 million equity investment from Water Street Healthcare Partners. Pioneer Surgical had raised over $15 million in VC funding from Beringea, Credit Suisse, Highlander Partners, Hopewell Ventures, Pharos Capital and River Cities Capital Funds.www.rtix.com

Advertisements

Author: JD Morris

Learn more about JD Biography on LinkedIn: http://www.linkedin.com/in/jdmorris

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s