The Blackstone Group and BC Partners will not make a sweetened offer for frozen foods group Iglo, according to Reuters. Iglo owner Permira had rejected a €2.5 billion offer from the firms earlier this week, saying that it was seeking €2.8 billion. www.permira.com
GCP has sponsored a management buyout of Excelsior Technologies, a UK-based flexible packaging manufacturer. No financial terms were disclosed. www.exceltechuk.com
Graham Partners has led an acquisition of Henry Co., an El Segundo, Calif.–based maker of roofing and building envelope products and systems. No financial terms were disclosed. OceanBridge Partners.www.henry.com
Rugby Architectural Building Products, a portfolio company of Leading Ridge Capital Partners, has acquired Lumber Products, a Tualatin, Ore.-based industrial building products and door distributor.www.lumberproducts.com
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