KIA Classic LPGA event & PEG Deals that closed!


Investor Network invites all you snow bird to come visit us here in Carlsbad, CA for sun and fun with special lunch for our members at the KIA Classic at last week of March!  Email JD for details: jdm.networking@gmail.com

And now for deals that closed!

PRIVATE EQUITY GROUP DEALS THAT CLOSED!

Carlyle GroupThoma Bravo

Anytime Fitness, a Hastings, Minn.-based fitness club operator, has raised an undisclosed amount of private equity funding from Roark Capital Groupwww.anytimefitness.com 
Berkshire Partners has agreed to acquire Catalina Marketing, a St. Petersburg, Fla.–based consumer marketing company, from Hellman & Friedman. No financial terms were disclosed, although prior reports suggested that bids could come in at between $2 billion and $2.5 billion. Silver Lake also submitted an offer. www.catalinamarketing.com

The Carlyle Group has agreed to acquire the South Korean security systems unit of Tyco International Inc. (NYSE: TYC) for approximately $1.93 billion in cash. It is the largest private equity deal for a Korean target since 2008. www.carlyle.com

Exponent Private Equity has acquired the assets of The Loch Lomond Distillery Co., a UK-based distiller of Scotch whiskies and vodka. No financial terms were disclosed.www.lochlomonddistillery.com

Fred’s Inc. (Nasdaq: FRED), a Memphis-based chain of retail discount stores and full service pharmacies, has reached out to such possible buyers as H.I.G. Capital, CVS Caremark, Walgreen Co. and Dollar General Corp., according to Bloomberg. The company’s current market cap is around $733 million. www.fredsinc.com

FrontStream Holdings LLC, an online corporate philanthropy platform, has acquired TRUiST, a Washington, D.C.-based provider of philanthropy solutions. FrontStream is a portfolio company ofArsenal Capital Partnerswww.frontstreampayments.com

Kohlberg Kravis Roberts & Co. has acquired a majority stake in Sedgwick Claims Management Services Inc., a Memphis, Tenn.–based provider of claims and productivity management solutions, for $2.4 billion. Sellers include Hellman & Friedman and Stone Point Capital, although Stone Point is joining KKR as a minority equity partner. www.sedgwick.com

Modern Healthcare, a Monrovia, Calif.-based provider of specialty pharma services, has acquired two specialty pharmacies: Total Life Care Rx Pharmacy LLC (New Orleans) and Legacy Rx Holdings LLC (Orlando, FL). No financial terms were disclosed. Modern Healthcare is a portfolio company of Altamont Capital Partners. www.modernhealthinc.com

Northstar Travel Media, a Secaucus, N.J.-based travel media company, has acquired Travel Weekly China, Travel Weekly Asia,and Events China from Singapore-based Contineo Media. No financial terms were disclosed. Northstar Travel is owned by Wicks Group of Companies.www.northstartravelmedia.com

Riverbed Technology Inc. (Nasdaq: RVBD) has received buyout interest at around $25 per share from such firms as Silver Lake, KKR and Thoma Bravo, according to Bloomberg. A $25 per share offer would value the San Francisco-based networking equipment company at around $4.5 billion (including debt). It recently rejected a $21 per share offer from Elliott Management Corp., which previously had offered $19 per share. www.riverbed.com

Saban Capital, Discovery CommunicationsScripps Networks and Viacom all have submitted bids for UK television broadcaster Channel 5, according to the FT. Seller Richard Desmond is seeking around £700 million. www.channel5.com

Transpacific Industries Group (ASX: TPI) has agreed to sell its New Zealand waste management business to state-owned Beijing Capital Group for NZ$950 million (US$798m). Rival bidders included The Carlyle Group and a consortium that included two Maori tribes. www.transpacific.com.au

TriArtisan Capital Partners and Sentinel Capital Partners are in “advanced talks” to buy casual restaurant chain TGI Fridays from a subsidiary of Carlson Cos., according to Reuters. The deal could be valued at between $800 million and $900 million, with Morgan Joseph managing the process.www.tgifridays.com

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

Happy Networking & Investing,

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JD Morris

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Private Equity Deals that close plus Investor Network Update!


Investor Network has added 19,000+ accredited investors to its e-Newsletter! Learn more this Friday on internet or via Radio at AM 1450 North County San Diego and AM 1510 Orange County!

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AND NOW FOR DEALS THAT CLOSED:

Aeropostale Inc. (NYSE: ARO), a New York-based teen apparel retailer, is “considering raising capital from private equity firms,” according to Reuters. Barclays is managing the process. Private equity firm Sycamore Partners acquired around an 8% stake in the company last fall.www.aeropostale.com

AEA Investors is in “advanced talks” to acquire Gypsum Management and Supply Inc. for more than $700 million, according to Reuters. Other suitors reportedly include Advent International and TPG Capital. GMS is a Tucker, Ga.-based distributor of drywall, acoustical and other specialty building materials. www.gms.com

ARX Equity Partners and Darby Private Equity have acquired Gramex 2000 Kft, a Hungarian manufacturer and bottler of nonalcoholic beverages. No financial terms were disclosed.www.gramex2000.hu

Pure Gym, a British low-cost fitness club chain owned by CCMP Capital, has agreed to merge with rival Gym Group, whose backers include Bridges Ventures and Phoenix Equity Partners. No financial terms were disclosed. www.puregym.com

Battery Ventures has acquired a controlling stake in Data Physics Corp., a San Jose, Calif.-based maker of test and measurement solutions for noise and vibration applications. No financial terms were disclosed. www.dataphysics.com

Bebe Stores Inc. (Nasdaq: BEBE), a Brisbane, Calif.-based women’s apparel designer and retailer, has hired Guggenheim Securities to explore a possible sale to private equity, according to Reuters. The company has a current market cap of approximately $430 million. www.bebe.com

B&B Investment Partners has acquired Aromatherapy Associates Ltd., a UK–based provider of branded premium spa and skincare products. No financial terms were disclosed. www.b-bgroup.com

High Road Capital Partners has acquired General Tools & Instruments LLC, a New York–based maker of specialty hand tools and electronic test instruments for consumers and professionals. No financial terms were disclosed. www.generaltools.com

Huron Capital Partners has formed Albireo Energy, an acquisition platform focused on niche energy service providers with annual revenue of at least $15 million. It will be led by Phil Bomrad, the former CEO of  Clean Urban Energy. Huron did not disclose the size of its equity commitment.www.huroncapital.com

Kohlberg Kravis Roberts & Co. has agreed to acquire National Vision Inc., a Lawrenceville, Ga.–based value retailer of eyeglasses and contact lenses, from Berkshire Partners. No financial termswere disclosed. www.nationalvision.com

Longroad Asset Management has acquired Blue Bell Mattress Company LLC, an East Windsor, Conn.–based licensee of the King Koil mattress brand. It also provides both private label inner spring and hybrid mattresses to retailers. No financial terms were disclosed. www.longroadllc.com

Pelican Products Inc., a Torrance, Calif.–based maker of protective case solutions and portable lighting systems, has acquired Cool Logistics, a UK-based provider of temperature controlled packaging solutions. No financial terms were disclosed. Pelican Products is a portfolio company of Behrman Capital. www.pelican.com

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

 

Happy Networking & Investing,

JD Morris headshot

JD Morris

Join me on LinkedIN:  http://www.linkedin.com/in/jdmorris

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