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The first installment of our new predictive index shows that dealmakers expect overall M&A to increase, with health care outperforming the overall market READ MORE 

SLIDESHOW

ACG New York Women of Leadership - Entrepreneur Series
Barbara Bradley Baekgaard, founder of Vera Bradley (Nasdaq: VRA), is the latest in a series of entrepreneurs highlighted at ACG New York Women of Leadership events. Photo credit: Robert Blumenfeld

Watercooler

GTCR, Hormel, the Riverside Co-CEOs and Others Win M&A Mid-Market Awards
Amid a slow and challenging year for dealmaking, the winners of Mergers & Acquisitions’ 7th Annual M&A Mid-Market Awards outpaced the competition to grow, innovate and lead the middle market

Roundtable

Financial Services Companies Heat Up M&A Market
Speakers from Flexpoint Ford, Genstar Capital, Baird Capital, Madison Capital Funding and Katten Muchin Rosenman discuss the various factors playing a role in M&A activity within the financial services space

Expert's Corner

Pursuing Pharma Manufacturing
The fragmented pharmaceutical manufacturing industry provides plenty of opportunities for private equity investors, says JLL Partners founder Paul Levy

Today's Transactions

A compilation of the most recently announced middle-market deals and other M&A developments, updated continuously throughout the day

Updated 11:25 a.m., Thursday, January 19, 2012

Eastman Kodak Co. has filed for Chapter 11 bankruptcy protection, the 131-year-old film pioneer announced. The Rochester, N.Y.-based company obtained a $950 million, 18-month credit facility from Citigroup to continue operating. It expects the reorganization process to “bolster liquidity in the U.S. and abroad” as well as “monetize non-strategic intellectual property,” something Kodak had been trying to do since July 2011 by selling its digital imaging patents.


Overland Park, Kan.-based NPC International Inc., the largest franchisee of Pizza Hut Inc. in the U.S., agreed to spend $18.8 million in cash on 36 additional Pizza Hut locations. This acquisition will be funded with available cash on hand and borrowings from the company’s $100 million revolving credit facility. The move is the first sign of expansion since Stamford, Conn.-based private equity firm Olympus Partners added NPC to its portfolio in November. NPC owns over 1,153 Pizza Hut restaurants in 28 states—about 19 percent of the franchise.


Seattle-based American Seafoods Group LLC has acquired Good Harbor Fillet LLC, a fish processor and distributor in Gloucester, Mass., for an undisclosed sum. Good Harbor was owned by Creo Capital Partners, which purchased the company out of bankruptcy in 2006 for $8 million. Ignacio Kleimen of Glacier Securities LLC, the New York-based subsidiary of Iceland’s Islandsbanki, advised American Seafoods.


Waltham, Mass.-based Constant Contact Inc. purchased CardStar Inc., a developer of mobile applications that extend the use of coupons for consumers. Terms of the deal were not released. Boston-based CardStar was backed by venture-capital investors, including Amplifier Venture Partners, Acta Wireless and LaunchCapital.


Evenflo Co. Inc., a Miamisburg, Ohio-based producer of baby and child products, has agreed to sell its worldwide feeding business, not including its Ameda breast pump business, to Kimberly-Clark de Mexico SAB de CV. Evenflo, a portfolio company of private equity firm Weston Presidio, tapped Rothschild as its financial adviser, and Ropes & Gray and Jones Day for legal counsel. Financial terms of the deal, announced late Wednesday, Jan. 18, were not released.


Aliso Viejo, Calif.-based Microsemi Corp. has acquired Maxim Integrated Products Inc., a semiconductor manufacturing firm, for an undisclosed sum. Weil Gotshal and Manges represented Sunnyvale, Calif.-based Maxim in the transaction. The Weil team consisted of Craig Adas, Andrew Nelson, Alex Purtill, Karen Ballack and Kwang-chien Ger.

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