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

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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

Private equity deals

By
Dan Primack
Dan Primack
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By
Dan Primack
Dan Primack
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August 27, 2013, 3:12 PM ET

KKR and TPG Capital are out of the auction for Hong Kong supermarket chain ParknShop, after their bids came up short, according to Reuters. Seller Hutchison Whampoa is hoping to secure between $3 billion and $4 billion, with mostly strategic bidders remaining in the process. www.hutchison-whampoa.com

Brazos Private Equity Partners has acquired Eberle Design Inc., a Phoenix-based maker of electronic control products for the traffic, access and rail industries. The seller was Graham Partners. No financial terms were disclosed.  www.editraffic.com

OmniForce LLC, a Los Angeles-based athletic event production company, has raised an undisclosed amount of equity funding from Bregal Partners. www.bregalpartners.com

Resilience Capital Partners has acquired CableNet Services Unlimited, a Boothwyn, Penn.–based provider of cable fulfillment services in Pennsylvania and New Jersey. No financial terms were disclosed. www.cablenetservices.com

VeriClaim Inc., a Naperville, Ill.-based subsidiary of T&H Global Holdings has acquired Property Claims Services Inc., a provider of loss adjusting and claims handling services to the property and casualty insurance market. No financial terms were disclosed. T&H is a portfolio company of Flexpoint Ford. www.vericlaiminc.com

Vestar Capital Partners has agreed to acquire a majority stake in American Roland Food Corp., a New York-based maker of specialty foods. No financial terms were disclosed for the deal, which is expected to close next month. www.rolandfood.com

Wasserstein & Co. has agreed to acquire Globecomm Systems Inc. (Nasdaq: GCOM), a Hauppauge, N.Y.–based provider of managed network solutions. The deal is valued at approximately $340 million, or $14.15 per share – a 21.9% premium over 1/4/13 price, which is when Globecomm said it was retaining Needham & Co. to explore strategic alternatives. www.wasserco.com

Kedu Healthcare, a Chinese provider of medical equipment services, has raised an undisclosed amount of private equity funding from Baird Capital. www.BairdCapital.com

MBK Partners has agreed to acquire ING Life Korea, the South Korean life insurance unit of ING Groep, for approximately $1.65 billion. The deal is expected to close by year-end, with ING retaining a 10% ownership stake. MBK also will be allowed to use the ING brand for up to five years.www.mbkpartnerslp.com

Tourmalet Advisors LP, a Fairfield, Conn.-based alternative investment manager focused on distressed residential mortgage assets, has secured an undisclosed amount of equity funding fromAquiline Capital Partners. www.TourmaletAdvisors.com

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

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