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The pig in the python: Baby Boomers are strangling the economy they built by refusing to move or retire

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The U.S. campaigned to host the World Cup. Now soccer fans will trade their countries' train system for the U.S.'s 'D' rated infrastructure

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Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

Private equity deals

By
Dan Primack
Dan Primack
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By
Dan Primack
Dan Primack
Down Arrow Button Icon
October 9, 2012, 2:06 PM ET

Advent International has agreed to acquire the coating resins business of Cytec Industries Inc. (NYSE: CYT) for $1.15 billion. The deal is expected to close in Q1 2013. www.adventinternational.com

The Blackstone Group has acquired a 12.5% stake in Indian tractor maker International Tractors Ltd.for $100 million. www.blackstone.com

EQT Partners has agreed to acquire Tampnet, a Norwegian offshore high capacity communication operator, from HitecVision for approximately $262 million. www.eqt.se

Investindustrial and Trilantic Capital Partners have acquired a 48% stake in Euskaltel, a Spanish provider of cable television and broadband services in the Basque region. No financial terms were disclosed, except that the sale price was north of €200 million. www.Euskaltel.com

Inverness Graham Investments has acquired a control position in RACO Wireless, a Cincinnati-based provider of wireless data solutions to the M2M industry. No financial terms were disclosed.www.racowireless.com

Lovell Minnick Partners has agreed to acquire Kanaly Trust, a Houston, Texas–based provider of wealth management and financial planning services to families, individuals and estates. No financial terms were disclosed. www.kanaly.com

Oberfields LLC, a Columbus, Ohio–based maker of concrete masonry and landscape products, has acquired Columbus-based Wellnitz Co. and Dayton-based Wilson Concrete Products. No terms of either acquisition was disclosed. Oberfields is a portfolio company of The Anderson Group.www.andersongroup.biz

OpenGate Capital has agreed to acquire Profialis, a French provider of extruded PVC window and door profiles, from Tessenderlo Group (NYSE Euronext: TESB). No financial terms were disclosed for the deal, which is expected to close within the next 60 days. www.tessenderlogroup.com

Revolution Capital Group has acquired The Tampa Tribune and its associated print and digital products from Media General Inc. (NYSE: MEG) for $9.5 million. www.revolutionpe.com

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

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