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Pentagon orders bases to plan for 90 days without the grid as Britain urges families to stockpile food and water

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The Pentagon and Britain are bracing for the power to go out. The ultrawealthy got there first, with backup generators, escape homes, and stockpiles

1

Pentagon orders bases to plan for 90 days without the grid as Britain urges families to stockpile food and water

2

‘It’s only when you see 49-ton trucks in China running on batteries that you realize how serious electrification is’: Octopus Energy CEO Greg Jackson on Europe’s incumbency problem

3

The Pentagon and Britain are bracing for the power to go out. The ultrawealthy got there first, with backup generators, escape homes, and stockpiles

Private equity deals

By
Dan Primack
Dan Primack
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By
Dan Primack
Dan Primack
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February 4, 2013, 3:19 PM ET
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Apax Partners has completed its previously-announced $570 million acquisition of the Cole Haanhandbag and shoe brand from Nike Inc. (NYSE: NKE). www.apax.com

The Blackstone Group has acquired a control stake in two Maldives-based seaplane operators:Maldivian Air Taxi “MAT” and Trans Maldivian Airways “TMA.” No financial terms were disclosed.www.blackstone.com

The Carlyle Group has completed its previously-announced acquisition of DuPont’s (NYSE: DD) vehicle and industrial coatings business for $4.9 billion. The unit has been renamed Axalta Coating Systems.www.carlyle.com

Logicore, a European logistics platform sponsored by The Blackstone Group, has acquired two portfolios of Polish logistics assets totaling 402 million meters of space from Panattoni Europe. No financial terms were disclosed. www.blackstone.com

Motion and Flow Control Products Inc., a -based portfolio company of Colville Capital, has acquired the assets of Hydraulic Energy Products Inc., a provider of hydraulic repair services in Colorado.www.mfcpinc.com

Pelican Auto Finance LLC, a deep sub-prime auto lender focused on the Mid-Atlantic region and Texas, has secured up to a $50 million equity commitment from Flexpoint Ford. www.pelicanaf.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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