Bridgepoint is in talks to acquire British wealth management group Quilter from Morgan Stanley, according to Reuters. Morgan Stanley originally hold Quilter to Citi in 2006, before getting it back via the purchase of Smith Barney. Quilter currently has around £7.6 billion in assets under management. www.ms.com
Drybar, a Newport Beach, Calif.-based operator of “blow dry only” beauty salons, has raised $16 million in growth equity funding from Castanea Partners. www.thedrybar.com
Express Courier, a delivery service platform owned by The Riverside Company, has acquired EagleOne Logistics of Ft. Smith, Arkansas. No financial terms were disclosed. www.riversidecompany.com
News Corp. is considering a bid for Turkish media assets ATV and Sabah from Calik Holdings, according to the Wall Street Journal. The deal could be valued at between $700 million and $1 billion, with KKR, TPG Capital, Time Warner and RTL Group also among possible suitors. Goldman Sachs is managing the process.
Schlecker, a German drugstore chain, announced plans to file for insolvency. A local press report suggested that Oaktree Capital Management is among several distressed investment firms circling the company.
