Term Sheet

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

Private equity deals

July 6, 2012: 9:19 AM ET

The Carlyle Group is in pole position to buy TCW Group, the Los Angeles-based asset management arm of Societe Generale, according to Reuters. The deal could be worth around $700 million. www.carlyle.com

Kohlberg Kravis Roberts & Co. has agreed to acquire WMF AG, a listed German maker of tableware and kitchenware products. The deal includes a €587 million, or €47 per share, purchase of a 52% voting stake from Crystal Capital (managed by Capvis). KKR also would offer the same price to remaining shareholders, which represents a 24% premium over yesterday's closing price. http://www.kkr.com

AXA Private Equity has agreed to acquire a 45% stake in Arkadin, a French provider of collaboration services like videoconferencing and virtual events. No financial terms were disclosed. Sellers include Apax Partners, Altamir Amboise, Innovation Capital and UFG-Siparex. www.arkadin.com

Groupe Moreau Inc., a Canadian industrial contractor focused on the mining sector, has raised an undisclosed amount of private equity funding from Wynnchurch Capital and Caisse de dépôt et placement du Québec. www.groupemorneau.com

Renaissance Acquisition Holdings, a portfolio company of RoundTable Healthcare Partners, has acquired DPT Laboratories, a San Antonio, Texas–based contract development and manufacturing organization for semi-solids and liquids. No financial terms were disclosed. www.dptlabs.com

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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.

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