Term Sheet

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

Private equity deals

April 8, 2013: 9:37 AM ET

ABRY Partners is in talks to acquire Securus Technologies Inc., a Dallas-based provider of audio and video communications systems for U.S. corrections facilities, from Castle Harlan for around $640 million, according to Bloomberg. www.securustech.com

Arlington Capital Partners
 has acquired MB Aerospace, a UK-based provider of highly-engineered components for the commercial and military aero-engine and industrial gas turbine markets, from LDC Private Equity. No financial terms were disclosed. www.mbaerospace.co.uk

AXA Private Equity
Apollo Global Management and Nordic Capital have submitted tentative bids forScandlines, operator of ferry lines  in the Baltic and North Seas, according to Reuters. Scandlines is being sold by 3i Group and Allianz Capital Partners, which are hoping to generate around €1.4 billion.www.scandlines.se

David Lloyd, a British fitness chain whose shareholders include Lloyds Banking Group, this week is expected to receive first-round buyout bids, according to The Daily Telegraph. Suitors could include Advent International, Apax Partners, The Blackstone Group and KSL. The deal could be valued at around £900 million. www.davidlloydleisure.co.uk

Infinity Homecare, a Sarasota, Fla.-based provider of home health care services for Medicare patients, has acquired Vitalcare Home Health, which provides patient care operations in Florida. No financial terms were disclosed. Infinity Homecare is a portfolio company of HealthEdge Investment Partners.www.infinityhc.com

Madison Dearborn Partners has received interest from several private equity firms for Yankee Candle, a candle retailer it acquired in 2006 for $1.6 billion, according to Reuters. Suitors include Ares Management, Bain Capital, Advent International, CVC Capital Partners and Clayton, Dubilier & Rice. The deal is expected to be valued at around $2 billion, with Barclays and BoA Merrill Lynch managing the process. www.yankeecandle.com

Silverfleet Capital has agreed to acquire Ipes, a European provider of fund administration and outsourcing services to the private equity industry, from RJD Partners for £50 million. www.ipes.com

Tampa Media Group, a portfolio company of Revolution Capital Group, has acquired the weeklyClearwater Gazette newspaper. No financial terms were disclosed. www.clearwatergazette.com

Water Street Healthcare Partners has acquired CCBR-SYNARC, a provider of clinical services to the pharma and biotech sectors. No financial terms were disclosed, although Fortune has learned that Water Street committed more than $100 million to both the acquisition and future growth opportunities. The Newark, Calif.-based SYNARC business provides imaging services, consultation and analysis for clinical trials. The Denmark-based CCBR business recruits patients and manages clinical trials. Sellers include SV Life Sciences and U.S. Venture Partnerswww.synarc.com

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

Posted in:
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.