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Private equity deals

By
Dan Primack
Dan Primack
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By
Dan Primack
Dan Primack
Down Arrow Button Icon
February 1, 2012, 2:16 PM ET

The Blackstone Group is considering a buyout offer for Brocade Communications (Nasdaa: BRCD), according to Bloomberg. Brocade has been seeking a buyer for nearly three years, and has a current market cap of approximately $2.7 billion. www.brocade.com

Capstone Natural Resources, a Tulsa, Okla.-based oil and gas production company, has raised $100 million in growth equity funding from Lime Rock Partners. www.lrpartners.com

THURSDAY, FEBRUARY 2

Intervale Capital has acquired Allied Oil & Gas Services, a Fort Worth, Texas-based cementing and acidizing company. No financial terms were disclosed. www.intervalecapital.com

Lightyear Capital has acquired Paradigm Management Services, a Walnut Creek, Calif.–based provider of healthcare management services, from Sterling Partners. No financial terms were disclosed. Harris Williams & Co. managed the sale. www.lycap.com

Prospect Medical Holdings, a portfolio company of Leonard Green & Partners, has acquired the assets ofNix Health, a provider of medical services in the San Antonio area, from Merit Health Systems LLC. No financial terms were disclosed. www.prospectmedical.com

TPG Capital is in talks to make a bid for Australian apparel company Pacific Brands, according to Reuters. KKR bid on Pacific Brands earlier this year.

Warburg Pincus has acquired FacilitySource, a Columbus, Ohio–based provider of facility maintenance and management solutions to retailers and other multi-site operators. No financial terms were disclosed.www.warburgpincus.com

WEDNESDAY, FEBRUARY 1

TPG Capital has agreed to acquire hedge fund services company GlobeOp Financial Services (LSE: GO) for £508 million, beating out rival bidder Advent International. Evercore Partners managed the process for GlobeOp.

Bain Capital Partners and Unitas Capital are among second-round bidders for Prestolite Electric Inc., a Michigan-based maker of vehicle alternators and starter motors, according to Reuters. Prestolite owner First Atlantic hired Goldman Sachs to manage the sale, which could be worth around $400 million. www.prestolite.com

Bain Capital Partners and Thomas H. Lee Partners have committed up to $300 million into Ryan Seacrest Media, to acquire and develop media companies, media content and other media properties. In related news, Clear Channel has invested an undisclosed amount for a minority stake in RSM. Clear Channel is a Bain and THL portfolio company.

CHS Capital has acquired Dura-Line Holdings, a Knoxville, Tenn.-based maker of communication and energy infrastructure products and systems, from Audax Group. No financial terms were disclosed. Moelis & Co. and Lincoln International advised Dura-Line on the deal. www.chsonline.com

Permira and Technology Crossover Ventures have completed their previously-announced $1.5 billion acquisition of Genesys, a Daly City, Calif.-based maker of call-center software, from Alcatel-Lucent (NYSE: ALU). www.permira.com

The Riverside Company has acquired YourMembership.com Inc., a St. Petersburg, Fla.–based provider of web-based membership management software. No financial terms were disclosed. www.yourmembership.com

Unitas Capital has acquired a majority stake in China-based restaurant chain Babela Group from The Carlyle Group. The deal is valued at approximately $40 million. www.unitascapital.com

Vista Equity Partners has completed its previously-announced acquisition of the trade and risk management business of Thomson Reuters (NYSE: TRI). No financial terms were disclosed. The company will be renamed Turaz. www.turazglobal.com

Wellspring Capital Management has acquired ThermaSys Corp., a Montgomery, Ala.-based maker of heat exchanger components and assemblies, from Sun Capital Partners. No financial terms were disclosed. www.thermasys.com

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By Dan Primack
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