Private Equity Deals

October 24, 2011, 5:52 PM UTC

Pipeline Supply & Service, a portfolio company of private equity firm Cadent Energy Partners, has acquired Wasatch Supply, a provider of consumable supplies and equipment in the energy sector. Terms of the deal were not disclosed.


The Carlyle Group may not go through with its initial public offering, Reuters reports. Co-founder Daniel D’Aniello told a conference in Quebec City that the PE firm, which filed its S-1 last month, was in no rush to do so.

Bacchus Capital Management has invested in Sbragia Family Vineyards, the vineyard headed by Ed Sbragia, the only winemaker to win the Wine Spectator wine of the year award for both a red and a white. Terms of the investment were not disclosed.

MidOcean Partners has acquired Global Knowledge, a Cary, NC-based provider of IT and business skills training. Terms of the deal were not disclosed. Veritas Financial will receive $50 million in equity from Monarch Alternative Capital.

Oak Hill Advisors senior management has joined General Atlantic and Robert M. Bass in acquiring the minority stake in Oak Hill Advisors held by iStar Financial. Terms of the deal were not disclosed.


Waveland Investments and Focus Investments have acquired O2 Cool, a Chicago-based designer and marketer of battery-operated fans and water-cooling hydration products. Terms of the deal were not disclosed.


Blackstone has agreed to acquire 82 suburban office buildings from Duke Realty for $1.08 billion, the WSJ reports.

Atlantic Street Capital is acquiring Z Wireless, which sells Verizon Wireless voice and data services in the midwest. Terms of the deal were not disclosed.

Platinum Equity portfolio company Keystone Automotive Operations has acquired NTP Distribution, which provides aftermarket products, parts, and accessories for RV and towing vehicle dealers. Keystone is an Exeter, PA-based distributor of specialty automotive components and accessories. Terms of the deal were not disclosed.

The Carlyle Group and General Atlantic could buy a majority stake in Flipkart, an Bangalore-based online retail company and India?s biggest online bookseller, Reuters reports.

Kidd & Company, sponsored the recapitalization of Numet Machining Techniques, a Stratford, CT-based precision machine parts maker.