Term Sheet

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

Private equity deals

March 11, 2013: 10:27 AM ET

TPG Capital has won the auction for Australian poultry producer Inghams Enterprises at an enterprise value reported to be between A$900 million and $1 billion. TPG beats out The Blackstone Group, in a process managed by Investec Bank. www.inghams.com.au

Bridge, a social investment group focused on the rural Philippines, has launched with $24 million in equity funding from Accion, Bamboo Finance, DEG, FMO and chairman Paul Kocourek. www.bridge.sg

Energy Capital Partners
 has agreed to acquire three merchant generation power stations fromDominion (NYSE: D). No financial terms were disclosed. The stations are in Illinois and Massachusetts.www.dom.com

Equistone Partners Europe has acquired a majority stake in Bretèche Industrie Group, a France-based provider of manufacturing and production equipment for the agro-food, pharmaceutical and cosmetics industries. The seller was Azulis Capital, while Céréa Capital co-invested alongside Equistone. No financial terms were disclosed. www.breteche.com

Intervale Capital has formed Certus Energy Solutions, a Houston, Texas-based provider of oil country tubular goods and other downhole products. No financial terms were disclosed. Certus will be led by Patrick Williamson, a former senior VP at Key Energy Services. www.intervalecapital.com

PAI Partners
 has acquired ADB Solutions, a Brussels–based provider of airfield lighting solutions, from Montagu Private Equity. No financial terms were disclosed. www.adb-airfield.com

Source Refrigeration & HVAC
, an Anaheim, Calif.-based portfolio company of Arsenal Capital Partners, has acquired TP Electrical, a White, Ga.-based provider of electrical and EMS contracting to commercial clients in the Southeastern United States. www.sourcerefrigeration.com

Thomsons Online Benefits Ltd., a London-based provider of SaaS-based benefit and pension administration, workflow and reporting solutions, has raised an undisclosed amount of private equity funding from Veronis Suhler Stevenson. www.vss.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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