Cerberus Capital Management LP said Feb. 27 that it has agreed to buy Bluestone Holdings Australia. Financial terms weren’t announced. The Australian Financial Review pegged the sale at $103 million.… read more →
HG Capital has hired Arma Partners to sell Iris Software Group Ltd, in a deal that could value the software company at over 1 billion pounds ($1.4 billion), Sky News… read more →
Epris has acquired Time Inc UK, which publishes Marie Claire, NME and Country Life, according to The Guardian. The deal is pegged at 130 million pounds ($181.6 million), the story… read more →
Francisco Partners said Feb. 26 that it agreed to buy a majority of Discovery Education from Discovery Communications Inc for $120 million. Discovery will retain a minority equity interest and license the “Discovery… read more →
LeapFrog Investments said Feb. 27 that it has sold its stake in Petra Trust to African Capital Alliance. Financial terms weren’t announced. Petra Trust is Ghana’s largest independent pensions trustee.… read more →
L Squared Capital Partners said Feb. 27 that it invested in United Scope, resulting in a majority recap of the company. Financial terms weren’t announced. Company founders also invested. United… read more →
HGGC has agreed to recapitalize Eden Prairie, Minnesota-based HelpSystems, a provider of IT operations management, security, and analytics solutions. No financial terms were disclosed for the transaction that was done in… read more →
KPS Capital Partners LP has agreed to sell North Carolina-based American & Efird, a maker of industrial and consumer sewing thread, embroidery threat and technical textiles, to Platinum Equity Capital… read more →
Meredith Corp has agreed to sell Time Inc UK to Espiris. No financial terms were disclosed. Barou Advisers and Herbert Smith Freehills LLP are advising Meredith on the transaction that… read more →
Platinum Equity is buying American & Efrid (A&E) from KPS Capital Partners. Financial terms weren’t announced. A&E, of Mt. Holly, North Carolina, is the second largest maker and distributor of… read more →