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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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November 14, 2012, 8:05 PM ET

Apax Partners has completed its C$1.1 billion take-private buyout of Montreal-based security and logistics company Garda World Security, in partnership with Garda CEO Stéphan Crétier. www.garda.ca

The Canada Pension Plan Investment Board has agreed to invest US$343 million into the Brazilian logistics portfolio of Singapore-based Global Logistic Properties, as part of a broader joint venture. The first $200 million will be funded at closing. GLP is majority owned by the Government of Singapore Investment Corp. (GIC). www.cppib.ca

The Carlyle Group and the Pembani Remgro Infrastructure Fund have agreed to invest a combined $210 million into Export Trading Group, an African agricultural commodities supply chain manager. The deal is expected to close later this month, with ETG’s founders also subscribing for additional equity.www.carlyle.com

Energy Investors Funds and Hess Corp. (NYSE: HES) are partnering to develop a 655-megawatt gas-fired electric power plant in Newark, New Jersey. The site is currently on a 23-acre brownfield site currently owned by Hess, with Hess and EIF expected to equally share the projects undisclosed costs over a 3-year period. www.newarkenergycenter.com

Ferrer Freeman & Co. has acquired Arcadia Solutions LLC, a Burlington, Mass.–based provider of data-based healthcare IT services. No financial terms were disclosed. www.arcadiasolutions.com

KAR Auction Services Inc. (NYSE: KAR), a Carmel, Ind.-based provider of vehicle auction services, has suspended its sale efforts, according to Reuters. It had been in advanced talks with Clayon Dubilier & Rice, which reportedly broke down over price and other terms. The company is now valued at around $2.4 billion. Its shareholders include Kelso & Co., Goldman Sachs, Parthenon Capital and ValueActCapital.www.karholdings.com

Labco SA, a French medical diagnostics company whose shareholders include 3i Group and Electra Partners, has received non-binding takeover bids from several private equity firms, according to Reuters. The asking price reportedly is upwards of €1 billion. Suitors include Blackstone Group, Bain Capital, Advent International, EQT Partners and PAI Partners. www.labco.eu

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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