Term Sheet

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

M&A

August 9, 2012: 10:07 AM ET

GTCR Golder Rauner and Platform Partners have hired Morgan Stanley to manage a sale process for Landmark Aviation, a Houston, Texas-based provider of fueling and ground support services to the general and commercial aviation markets, according to Reuters. The deal could be valued at between $600 million and $700 million. GTCR and Platform bought Landmark from Dubai Aerospace Enterprise in 2007 for an undisclosed amount.

Codan Ltd. (ASX: "CDA") has acquired Daniels Electronics Ltd., a Canadian maker of land mobile radio communications solutions, for C$25 million in cash and up to C$2 million in earnouts. www.codanradio.com

Nokia has agreed to sell its Qt commercial licensing software unit to Finland's Digia Oyj. No financial terms were disclosed, but multiple press reports say that Nokia only will recover a fraction of the $150 million it paid to acquire the group in 2008. www.nokia.com

The Riverside Company has sold Health & Safety Institute, a Eugene, Ore.-based provider of CPR training, to an undisclosed buyer. www.hsi.com

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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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