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Deals & Transactions

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Saugatuck invests in Tulip Molded Plastics Corporation

Saugatuck Capital Company has made an investment in Tulip Molded Plastics Corporation. Saugatuck teamed with management to acquire the assets of the Molded Products Division from Tulip Corporation in a leveraged buyout. Saugatuck provided equity capital through its investment vehicle Saugatuck Capital Company VII LLC which, along with management, owns

HelloWallet raises USD12 million in Series B funding from Morningstar, TD Fund, & others

HelloWallet, a provider of personalised financial guidance, has secured USD12 million in Series B funding. Chicago-based Morningstar invested USD6.75 million and DC-based TD Fund (TDF) invested USD4 million. Existing investors and new investors also participated in the round. Morningstar is a leading provider of investment research, reaching more than 20

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Inbound Indian M&A deal volumes surge by 30% in 2011

Foreign companies acquired majority stakes in 131 Indian companies during 2011, registering a 30% rise in such transactions as compared to the previous year, according to a study by Venture Intelligence, a research service focused on Private Equity and M&A transaction activity in India. Of these Inbounds deals, there were

Rutland Partners sell Attends Healthcare Group for EUR180m

Rutland Partners, the specialist turnaround and restructuring investor, is selling Attends Healthcare Group to Domtar Corporation for an enterprise value of EUR180 million. The transaction is conditional only on customary regulatory clearances and is expected to complete in late February.

 Rutland acquired Attends, a European leader in branded and own label incontinence

Carey Olsen and Heritage act for Better Capital on landmark fund establishment

Carey Olsen and Heritage International Fund Managers Limited (HIFM) have acted for Better Capital Limited, an existing Guernsey closed-ended fund listed on the London Stock Exchange (LSE), on its conversion into a protected cell company (PCC) with the interests of the existing listed fund forming the 2009 cell, and the

SEA Medical Secures USD3 million in Series B financing from JK&B Capital

SEA Medical Systems, a healthtech company focused on safety and management of IV medicine, has closed a USD3 million Series B investment with Chicago-based venture capital firm JK&B Capital, which specialises in investments in Information Technologies, healthcare and communication markets. As part of the agreement, Chairman of JK&B Capital David

Bain Capital leads USD238 million growth investment in SquareTrade

SquareTrade, the independent consumer warranty provider, has secured a USD238 million growth equity investment led by affiliates of Bain Capital. Other financial terms of the private transaction have not been disclosed. “We are very excited to partner with SquareTrade, which is disrupting a USD20+ billion global industry with its innovative

Carey Olsen advises on GBP1.5 billion acquisition

Channel Islands law firm Carey Olsen has advised Colfax UK Holdings Limited on its acquisition of Charter International plc through a Jersey scheme of arrangement. This deal is believed to be the largest transaction of its kind in Jersey with an estimated value of USD2.426 billion in cash and stock

GenNx360 Capital Partners, L.P. Announces GenNx360 India Advisors Private Limited

GenNx360 Capital Partners (GenNx360) has formed GenNx360 India Advisors Private Limited. The new entity will operate out of two offices located in Gurgaon and Bangalore, India. “This entity in India is the next logical step in our growth strategy of building a world-class, global organisation," says Jim Shepard, Managing Partner.

Capital Dynamics exits co-investment in Permasteelisa

Global asset manager Capital Dynamics AG has sold its co-investment in Permasteelisa alongside lead investor Alpha Private Equity Fund 5, realising a multiple of investment cost of three times and a gross IRR of approximately 100%. The successful exit was achieved by way of a trade sale to JS Group

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