• Home
  • News
  • Fortune 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Private equity deals

By
Dan Primack
Dan Primack
Down Arrow Button Icon
By
Dan Primack
Dan Primack
Down Arrow Button Icon
July 1, 2013, 2:47 PM ET

Intuit Inc. (Nasdaq: INTU) has agreed to sell its financial services unit to Thoma Bravo for $1.025 billion in cash. www.intuit.com

Altamont Capital Partners has acquired both Richard’s Cajun Foods and Blue Ribbon fromAtlantic Premium Brands, a portfolio company of Sterling Partners. No financial terms were disclosed. Richard’s Cajun Foods is a maker of Cajun food products, while Blue Ribbon is a bacon and sausage brand. www.atlanticpremiumbrands.com

The Blackstone Group and Lion Capital are partnering on a bid of more than £1 billion for Lucozadeand Ribena, a pair of soft drink brands being sold by GlaxoSmithKline (LSE: GSK), according to Sky News. JPMorgan and Greenhill are managing the process for GSK. www.gsk.com

Blue Wolf Capital Partners has acquired substantially all the assets of Suwannee Lumber Co., a Cross City, Fla.-based manufacturer of soft wood lumber for use primarily in decking and outdoor construction. No financial terms were disclosed. www.suwanneelumber.com

Confie Seguros, a personal insurance company focused on Hispanic consumers, has acquired bothCW Baker Insurance Agency and Lewiston Insurance Agency, two providers of standard and preferred personal insurance located in upstate New York near Niagara Falls. No financial terms were disclosed. Confue Seguros is a portfolio company of ABRY Partners. www.confieseguros.com

Direct ChassisLink Inc., a Charlotte, N.C.-based portfolio company of Littlejohn & Co., has acquired the U.S. chassis fleet of Hyundai Merchant Marine for an undisclosed amount. The two companies also signed a long-term agreement pursuant to which DCLI will be HMM’s exclusive chassis provider in the U.S. www.chassislink.com

Outokumpu (Helsinki: OUT1V) has received private equity interest for its high-performance alloys business, according to a German news report. The deal would be valued south of €1 billion, with suitors reported to include Apollo Global Management, KPS Capital Partners and Triton Private Equity.www.outokumpu.com
Roark Capital Partners is in advanced talks to acquire casual restaurant chain Miller’s Ale House from fellow private equity firm KarpReilly, according to an FTC filing. Read more.

Trilantic Capital Partners has acquired a “substantial minority interest” in Traeger Pellet Grills, a Wilsonville, Ore.–based maker of wood pellet grills and related items. No financial terms were disclosed. Existing shareholders include C3 Capital and Eagle Private Capital. www.traegergrills.com

Wynnchurch Capital has acquired Detroit Tool Metal Products Co., a Lebanon, Mo.-based maker of precision metal stampings, fabricated components and value-added assemblies. No pricing terms were disclosed for the deal, which was done in partnership with company management. Bank of the West provided senior debt, while Bank of Montreal provided mezzanine notes. www.dtmp.com

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

About the Author
By Dan Primack
See full bioRight Arrow Button Icon
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.