• 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
June 4, 2012, 12:40 PM ET

ABRY Partners has agreed to sell Q9 Networks Inc., a Canadian provider of outsourced data center infrastructure, to an investor group that includes Ontario Teachers’ Pension Plan, Providence Equity Partners, Madison Dearborn Partners and BCE Bell Inc. The deal is valued at C$1.1 billion. ABRY had taken Q9 private in 2008 for $C361 million. www.q9.com

Freedom Communications has completed its previously-announced sale of four community newspapers to Versa Capital Management for an undisclosed amount: The Telegraph (Alton, IL), The Journal-Corrier (Jacksonville, IL), The Lima News (LIMA, OH) and The Sedalia Democrat (Sedalia, MO). Freedom shareholders include Angelo Gordon, Alden Global Capital and Luxor Capital Group. www.freedom.com

KPS Capital Partners has completed its second dividend recapitalization for portfolio company Global Brass and Copper Inc. The $575 million in new financing will be used to refinance existing outstanding debt, to fund a $160 million cash distribution to shareholders and for general corporate purposes.www.gbcmetals.com

Oak Hill Capital Partners and GI Partners have agreed to acquire WaveDivision Holdings from Sandler Capital Management. No financial terms were disclosed. WaveDivision is an owner and operator of broadband cable systems in the suburban markets of Seattle, San Francisco, Sacramento and Portland.www.wavebroadband.com

Russia Partners is in talks to acquire a 30% stake in Monetka, a grocery chain in the Urals region, for around $90 million, according to a local press report. Baring Vostok Capital Partners also has expressed interest.

Trinity CO2 Investments LLC, a Midland, Texas-based carbon dioxide pipeline and supply company, has acquired oil recovery group SandRidge Tertiary from SandRidge Energy Inc. (NYSE: SD) for $130 million. Trinity is a portfolio company of Morgan Stanley Global Private Equity. www.morganstanley.com/privateequity.com

Warburg Pincus has agreed to acquire a majority stake in Indian financial services firm Future Capital Holdings from its founders, according to Reuters. The deal is valued at between $100 million and $125 million. www.warburgpincus.com

The Weinberg & Bell Group, a Cleveland-based private equity firm, has acquired AeroRepair, a Londonderry, N.H.-based FAA-certified repair station. No financial terms were disclosed.www.aerorepaircorp.com

Want deal news in your inbox each morning? 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.