Private equity deals

October 2, 2013, 8:40 PM UTC

Avista Capital Partners and Nordic Capital have agreed to acquire listed Swiss generic drugmakerAcino for approximately $439 million. The 115 franc-per-share deal represents a 33% premium to yesterday’s closing price.

Freestone Partners and Patriot Capital have acquired ErgoGenesis LLC, a Navasota, Texas-based maker of ergonomic chairs and workplace accessories, from Independent Bankers Capital Fund. No financial terms were disclosed. Quarton Partners managed the process.

MoneyGram International (Nasdaq: MGI) has decided to remain public rather than be acquired by a private equity firm, according to Reuters. The money-transfer company had retained Bank of America to find a buyer, and reportedly was in late-stage negotiations with The Carlyle Group at a price in the “mid-$20s.” The company’s shares closed yesterday at $18.92 a piece. Thomas H. Lee Partners holds around a 62% ownership stake in MoneyGram.

The Ontario Teachers’ Pension Plan has acquired a 2% stake in Zalando, a Germany-based online fashion retailer. No financial terms were disclosed.

The Riverside Co. has acquired EcoSmart, a Miami-based maker and seller of electric tankless water heaters. No financial terms were disclosed. EcoSmart will be merged with existing Riverside portfolio company Eemax.

Spectro Inc., a Chelmsford, Mass.-based maker of analytical tools and software for the industrial performance fluids market, has acquired Wilks Enterprise Inc., a Norwalk, Conn.-based maker of application-specific mid-infrared analyzers. No financial terms were disclosed. Spectro is a portfolio company of SFW Capital

Trident Capital and HLM Venture Partners have acquired MedSave USA, a Hauppauge, N.Y.–based provider of medical record retrieval services. No financial terms were

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