Term Sheet

The latest on private equity, M&A, deals and movements — from Wall Street to Silicon Valley

Private equity deals

June 14, 2012: 8:28 AM ET

Vista Equity Partners has agreed to acquire Bullhorn Inc., a Boston–based maker of recruiting software. No financial terms are being disclosed, but a source familiar with the situation says it's a "nine-figure" deal. Bullhorn had raised over $26 million in VC funding from firms like Highland Capital Partners and General Catalyst Partners.

Bauer Performance Sports Ltd. (TSX: BAU), a company majority-owned by Kohlberg Capital, has agreed to acquire Cascade Helmets Holdings from North Castle Partners. The deal is valued at $64 million in cash. www.cascadehelmets.com

Leonard Green & Partners has agreed to acquire Tank Holdings Corp., a manufacturer of rotationally-molded polyethylene and steel containers, from Olympus Partners. No financial terms were disclosed. Olympus formed Tank in 2008 via the acquisitions and merger of Snyder Industries (St. Bonifacius, Minn.) and Norwesco (Lincoln, Neb). www.olympuspartners.com

Southport Lane has acquired Redwood Reinsurance, a Cayman Islands-based reinsurer that provides treaty reinsurance for workers compensation and general liability insurance in the U.S. No financial terms were disclosed.

USI Insurance Services, a portfolio company of GS Capital Partners, has acquired Lynch, Beretta and Bucci Insurance, a Pawtucket, R.I.-based property and casualty insurance agency. No financial terms were disclosed. www.usi.biz

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

Join the Conversation
About This Author
Dan Primack
Dan Primack
Senior Editor, Fortune

Dan Primack joined Fortune.com in September 2010 to cover deals and dealmakers, from Wall Street to Sand Hill Road. Previously, Dan was an editor-at-large with Thomson Reuters, where he launched both peHUB.com and the peHUB Wire email service. In a past journalistic life, Dan ran a community paper in Roxbury, Massachusetts. He currently lives just outside of Boston.

Email a Tip | @danprimack | RSS
Current Issue
  • Give the gift of Fortune
  • Get the Fortune app
  • Subscribe
Powered by WordPress.com VIP.