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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 14, 2012, 3:07 PM ET

Alpine Investors and Skylight Capital have sponsored a recapitalization of Abacus Plumbing, a Houston, Texas-based provider of residential plumbing and sewer services. No financial terms were disclosed. www.abacusplumbing.net

Aptuit Laurus Pvt Ltd., an Indian pharmaceutical company, has raised around $40.6 million in new funding led by Fidelity Growth Partners. www.aptuitlaurus.com

The Gores Group has completed its previously-announced acquisition of The Hay Group, a Germany-based manufacturer of forged and machined components for engines, gearboxes and axles. No financial terms were disclosed. www.gores.com

Hicks Equity Partners has acquired a majority interest in Directional Rentals Inc., a Lafayette, La.-based renter of equipment to directional drilling companies for bottom hole assemblies. Capital One Leverage Finance provided a term financing to Directional Rentals, while Energy Capital Solutions advised the sellers.

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By Dan Primack
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