Ken MacFadyen

Apax Partners has inked a $1bn-plus deal to acquire a majority stake in Contech Construction Products, an engineering firm currently owned by Butler Capital.

Hicks Muse Tate & Furst co-founder Thomas Hicks is staying active in retirement, having just completed the first corporate acquisition for his family office, Hicks Holdings.

Montreal-based Northbridge Equity Partners has launched a new golf-apparel platform, Summit Golf Brands, which controls the Fairway & Greene and EP Pro lines of golf clothing.

Performance Equity Management, a former division of General Motors Investment Management Corp, has held a first close of $242 million for its venture capital fund of funds.

Fenway Partners finalised its purchase of Targus Group International, paying $382.5 million for the laptop carrying case maker, which was previously owned by Apax Partners.

Kohlberg Kravis Roberts and Bain Capital have completed a $1.27 billion acquisition of medical device maker Accellent. When the deal was first announced, Bain was not mentioned as part of the buying group.

Palo Alto-based Technology Crossover Ventures corralled $1.4 billion (€1.19 million) for its latest fund. The fundraise represents a 55 percent jump over its predecessor fund, but still does not match the $1.7 billion raised in 1999.

Brazos Private Equity Partners has carved the ORS Nasco unit out of Ireland’s Unidare plc, acquiring the US wholesale distributor in an $81m deal.

Vector Capital and BroadVision have walked away from a proposed $29m transaction that would have taken BroadVision off the public market.

New York-based Diamond Castle Holdings has agreed to acquire the 49 percent stake of wind energy generator Catamount Resources that it doesn’t already own. The firm had bought a 51 percent stake in Catamount last month.