• Home
  • News
  • Fortune 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Private equity deals

By
Dan Primack
Dan Primack
Down Arrow Button Icon
By
Dan Primack
Dan Primack
Down Arrow Button Icon
February 9, 2012, 2:35 PM ET

CVC Capital Partners is no longer in talks to purchase listed British life insurance company PhoenixGroup Holdings. The breakdown came after irreconcilable differences over terms.

JLL Partners has completed its take-private acquisition of American Dental Partners Inc., a Wakefield, Mass.-based provider of dental practice management services. The deal was valued at around $398 million (including $81 million of assumed debt) or $19 per share. Debt financing came from KeyBank, CIT  Healthcare and NXT Capital. www.amdpi.com

Unison Capital is among those in the final round of bidding for Japanese drugmaker Showa Yakuhin Kako Co., according to Reuters. The company is being sold by Tokio Marina Capital for approximately $650 million.

THURSDAY, FEBRUARY 9

American Builders Supply, a provider of windows and doors to Floridian homeowners, has acquired Clermont Builders Supply Inc., a provider of building materials to the Central Florida market. No financial terms were disclosed. ABS is a portfolio company of Blue Wolf Capital Partners. www.americanbuilderssupplyco.com

API Healthcare, a Hartford, Conn.-based provider of workforce management technology to the healthcare industry, has acquired Concerro, a San Diego-based provider of SaaS staffing and scheduled systems for healthcare. No financial terms were disclosed. API Healthcare is a portfolio company of Francisco Partners. www.apihealthcare.com

Doughty Hanson & Co. has agreed to acquire Spanish hotel operator USP Hospitales from Barclays and Royal Bank of Scotland for €355 million. www.doughtyhanson.com

Gabbro Precision Ltd., a British provider of engineering solutions to the oil and gas industry, has acquired smaller rival Midland Precision Ltd. for £10 million. Gabbro is backed by Baird Capital Partners Europe. www.gabbroprecision.com

General Atlantic has agreed to acquire a minority equity stake in FNZ, a UK–based provider of technology, transaction and custody services to the wealth management industry. Also investing in the deal is existing FNZ backer H.I.G. Capital, which sponsored a management buyout of the company in 2009. www.fnz.com

J.F. Lehman has agreed to acquire some environmental business assets of SEACOR Holdings Inc. (NYSE: CKH) for an undisclosed amount. The assets include: National Response Corp., a provider of oil spill response services in the United States; NRC Environmental Services Inc., a provider of environmental and industrial services on the West Coast; and SEACOR Response Inc., which provides oil spill and emergency response services in international markets.

NaviHealth, a portfolio company of Welsh Carson Anderson & Stowe, has acquired SeniorMetrix, a Brentwood, Tenn.–based provider of data-driven predictive modeling systems for post-acute medical care. No financial terms were disclosed. Brentwood Capital Advisors managed the process. www.navihealth.com

Residential Capital, the mortgage unit of Ally Financial Inc. (NYSE: ALLY) is talking to several private equity firms about being acquired via a pre-arranged bankruptcy, according to Bloomberg. Possible suitors include Fortress Investment Group, Cerberus Capital Management and Centerbridge Capital.

Rockwood Equity has sponsored a recapitalization of AFC Industries Inc., a Fairfield, Ohio-based provider of procurement and inventory management services for fasteners and other industrial components. No financial terms were disclosed for the deal, which was done in partnership with company management. www.rockwoodequity.com

Sun Capital Partners has completed its previously-announced acquisition of Strauss Innovation from EQT Partners and the founding Geringhoff family. No financial terms were disclosed. Strauss is a private-label retail chain with approximately 100 stores in Germany and around 1,100 employees. www.suncappart.com

Want deal news in your inbox each morning? Then get Term Sheet!

About the Author
By Dan Primack
See full bioRight Arrow Button Icon
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.