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Private equity deals

By
Dan Primack
Dan Primack
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By
Dan Primack
Dan Primack
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June 19, 2012, 1:51 PM ET

Insight Venture Partners has increased its buyout offer for Quest Software Inc. (Nasdaq: QSFT), according to Bloomberg. Insight originally offered to buy the company for $23 per share, or around $2 billion, but was topped by a $25.50 per share bid from an undisclosed suitor. Bloomberg reports that Insight has now bested $25.50, although it does not say by how much. Quest shares closed trading yesterday at $26.61 per share, or around $2.2 billion. www.quest.com

A & S Services Group LLC, a portfolio company of Larsen MacColl Partners, has acquired substantially all of the assets of Kinard Trucking Inc., a York, Penn.-based provider of transportation solutions for shippers. No financial terms were disclosed. www.aandstrucking.com

CapMan Russia has acquired a 25% stake in Vital Development Corp., a Russian maker of equipment and reagents for laboratory analysis. No financial terms were disclosed. www.capman.com

Cortec Group has acquired YETI Coolers LLC, an Austin, Texas-based maker of coolers for markets like fishing and outdoor recreation. No financial terms were disclosed. Harris Williams & Co. managed the process. www.yeticoolers.com

Farley’s & Sathers Candy Co. has completed its previously-announced merger with Ferrara Pan Candy Co.No financial terms were disclosed. Catterton Partners, owner of Farley’s, remains majority owner of the combined company. www.ferrarapan.com

The Mustang Group has invested an undisclosed amount into Net Direct Merchants, a Florence, Ala.-based online retailer in the home furnishings industry. No financial terms were disclosed. Founders Investment Banking managed the process. www.netdirectmerchants.com

Oaktree Capital Management has ended standstill agreement talks with Jakks Pacific (Nasdaq: JAKK), after failing to agree on a price. Oaktree originally offered to buy the toymaker for $670 million, or $20 per share in cash (25% premium to closing price prior to the offer), but was rejected. Oaktree holds a 5% stake in Jakks, and had indicated interest in a hostile takeover. www.jakks.com

Huron Capital Partners has sponsored a recapitalization of Bloomer Plastics Inc., a Bloomer, Wis.-based producer of engineered films for use in industrial, medical and consumer end-markets. No financial terms were disclosed. www.bloomerplastics.com

Sun Capital Partners has agreed to acquire GoldMax USA, a Chicago-based operator of over 200 retail locations for selling gold and other precious metals, according to a filing with the Federal Trade Commission. Read more.

Wind Point Partners has sponsored a recapitalization of Hearthside Food Solutions, a Downers Grove, Ill.-based bakery and contract manufacturer of grain-based food and snack products. No financial terms were disclosed, except that the deal includes a $400 million senior credit facility agented by GE Antares.www.windpointpartners.com

Sign up for Dan’s daily email newsletter on deals and deal-makers: GetTermSheet.com

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By Dan Primack
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