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The Weekly Wrap:
Berkshire Partners, Covidien, ShowPlex Cinemas

Berkshire buys two of the largest U.S. fiber-network providers, Covidien picks up CV Ingenuity, and ShowPlex Cinemas, backed by Trinity Hunt, merged with Starplex

Target | Acquirer

Omniplex World Services Corp | Altamont Capital Partners

Altamont Capital Partners acquired an undisclosed majority interest in Omniplex World Services Corp, a Chantilly-based provider of security services. Terms were not disclosed.

Telescan | Amtelco

Amtelco planned to merge with Telescan, a St. Louis- based developer of telephone answering software. Terms were not disclosed.

Ahrold Fay Rosenberg | Arthur J Gallagher & Co

Arthur J. Gallagher & Co acquired Ahrold Fay Rosenberg, a Des Moines-based retail insurance brokerage firm. Terms were not disclosed.

4Front Engineered Solutions | Assa Abloy AB

ASSA ABLOY AB of Sweden acquired 4Front Engineered Solutions Inc, a Carrollton- based manufacturer of trucks and dock equipments.

Davis-Garvin Agency Inc | Assured NL Ins Agency Inc

Assured NL Insurance Agency Inc, a unit of GTCR LLC's AssuredPartners Inc subsidiary, acquired Davis- Garvin Agency Inc, a Columbia- based provider of insurance brokerages services. Terms were not disclosed.

Glenbrook Commons Shopping Center | Aviv Arlon Ltd

Aviv Arlon Ltd of Israel agreed to acquire Glenbrook Commons Shopping Center, an Indiana-based owner and operator of shopping centers for $5.75 million.

Hilltop Bancshares Inc | BBIG Holdings LLC

BBIG Holdings LLC acquired a 50 percent interest in Bennington-based Hilltop Bancshares Inc. The transaction was to include Bank of Bennington.

Safety Syringes Inc | BD

Becton, Dickinson & Co acquired Safety Syringes Inc, a Carlsbad-based manufacturer of surgical syringes. Terms were not disclosed.

Lightower Fiber Networks | Berkshire Partners LLC

Berkshire Partners LLC definitivelbey agreed to acquire an undisclosed majority interest in Lightower Fiber Networks, a Boxborough- based provider of fiber networking services, from MC Ventures Partners and Pamlico Capital LLC, in a secondary buyout transaction. Concurrently, Berkshire definitively agreed to acquire an undisclosed majority interest in Sidera Networks Inc. The two transactions were to have a combined value of an estimated $2 billion in cash. Upon completion, Berkshire was to merge Sidera and Lightower. Previously, MC and Pamlico acquired Lightower from National Grid plc.

Sidera Networks Inc | Berkshire Partners LLC

Berkshire Partners LLC definitively agreed to acquire an undisclosed majority interest in Sidera Networks Inc, a New York-based provider of fiber optic-based network services, from Abry Partners LLC, in a leveraged buyout transaction. Concurrently, Berkshire definitively agreed to acquire an undisclosed majority interest in Lightower Fiber Networks. The two transactions were to have a combined value of an estimated $2 billion in cash. Upon completion, Berkshire was to merge Sidera and Lightower.

Scisive Consulting LP | Bionest Partners

Bionest Partners merged with Scisive Consulting LP, a New York-based provider of healthcare consulting services.

Resource Financial Services | CertusBank NA

Greenville, S.C.-based CertusBank acquired Resource Financial Services, a Columbia-based mortgage banking firm. Terms were not disclosed.

Sierra Engineering | Corinthian Capital Group LLC

Corinthian Capital Group LLC acquired Sierra Engineering, a Midland-based provider of engineering and consulting services, in a leveraged buyout transaction.

CV Ingenuity Corp | Covidien plc

Covidien plc of Ireland definitively agreed to acquire CV Ingenuity Corp, a Fremont-based manufacturer of medical equipment for treatment of vascular diseases. Terms were not disclosed.

NEP Broadcasting LLC | Crestview Partners LP

Clearview Partners LP acquired NEP Broadcasting LLC, a Pittsburgh-based provider of outsourced teleproduction services, from American Securities Capital Partners LLC, a unit of American Securities LLC, in a secondary leveraged buyout. Terms were not disclosed.

Morristown Federal Credit | Garden Savings Federal Credit

Garden Savings Federal Credit Union acquired Morristown Federal Credit Union, a Morristown-based bank.

Gurney Productions Inc | ITV plc

ITV plc of the UK planned to acquire a 61.5 percent interest in Gurney Productions Inc, a Los Angeles-based television production company, for $40 million.

Nine Campustown Buildings | Kingland Systems Corp

Kingland Systems Corp acquired Nine Campustown buildings portfolio.

Hilton Kansas Airport Hotel | Laurus Corp

Laurus Corp acquired Hilton Kansas City Airport Hotel, a Kansas-based owner and operator of hotels.

Findings Inc | Leach & Garner Co

Leach & Garner Co, a unit of Cookson Group PLC, acquired Findings Inc, a Keene-based manufacturer of precious metal jewelry findings. The transaction included the Fuller Finding business of Findings. Terms were not disclosed.

Guardian Interlock Systems | LMG Holdings Inc

LMG Holdings Inc acquired Guardian Interlock Systems, a Marietta-based manufacturer of interlock ignition devices.

Progress Software Corp-Assets | Micro Focus International plc

Micro Focus International PLC of the UK definitively agreed to acquire the Orbix, Orbacus and Artix software product lines of Progress Software Corp, a Bedford-based developer of business applications software, for $15 million in cash.

Technomedia Solutions LLC | Mood Media Corp

Mood Media Corp of Canada acquired Technomedia Solutions LLC, an Orlando- based provider of audio- visual media services, for an estimated $23 million in cash and up to an undisclosed in profit-related payments. The transaction included GoConvergence.

Charleston House Assisted | National Health Investors Inc

National Health Investors Inc acquired Charleston House Assisted Living, a Beaver Dam-based owner and operator of senior living facility, for $20.2 million.

TPW Management LLC | North Real Estate

North Real Estate merged with TPW Management LLC, a Bondville-based provider of vacation property management services.

Grinding & Sizing Co LLC | Prince Mineral Holding Corp

Prince Mineral Holding Corp, a unit of Palladium Equity Partners LLC's Palladium Equity Partners II LP subsidiary, acquired Grinding & Sizing Co LLC, a Lufkin-based manufacturer, distributor and wholesaler of drilling fluid additives. Terms were not disclosed.

D&D Power LLC | Red-D-Arc Ltd

Red-D-Arc Ltd, a unit of Airgas Inc, acquired D&D Power LLC, a Decatur-based provider of equipment rental services.

Sempra US Gas,Power-Plant | Salt River Project

Salt River Project Agricultural Improvement & Power District definitively agreed to acquire a 50% interest in the Mesquite power plant, located in Arlington, Arizona, of Sempra US Gas & Power LLC, a San Diego-based provider of renewable energy services, and a unit of Sempra Energy Inc, for $371 million.

Starplex Cinemas | ShowPlex Cinemas Inc

ShowPlex Cinemas Inc, controlled by Trinity Hunt Partners, merged with Starplex Cinemas, a Dallas- based owner and operator of motion picture theaters.

TubeTrack | Structural Integrity Associates

Structural Integrity Associates Inc acquired TubeTrack, a Concord-based provider of electronic tracking services for boilers, from Burns & Associates Engineers.

NB Plants | Terra Tech Corp

Terra Tech Corp planned to acquire NB Plants, a New Brunswick-based owner and operator of flower and herb farm.

Surrey Plaza | Wheeler REIT Inc

Wheeler Real Estate Investment Trust Inc acquired the Surrey Plaza, a Hawkinsville-based owner and operator of a shopping center, from Wheeler Interests LLC, for $2.3 million.

HighBeam Research Inc | Yippy Inc

Yippy Inc, a subsidiary of Belmont Partners LLC, agreed to acquire HighBeam Research Inc, a Chicago-based provider of online search engine, from The Gale Group Inc. Terms were not disclosed.

 

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