The US buyout firm has paid €100 million and assumed pensions liabilities worth €70 million to acquire the branded clothing arm of US conglomerate Sara Lee.
Chicago’s Code Hennessy & Simmons has agreed to a deal with UK soda-can giant Rexam to sell Precise Technology in a $257 million transaction, more than doubling its equity investment.
Citigroup Venture Capital agreed to buy Alcoa’s Southern Graphic Systems unit in a $410m deal.
Bain Capital reaffirmed its interest in Australia with an A$3.6 billion ($2.6bn) offer to acquire Goodman Fielder. The Boston firm is reportedly engaged in a joint bid with Pacific Equity Partners and Goldman Sachs Capital Partners.
Global mid-market private equity firm Vestar Capital Partners has sold Italy’s FL Selenia just two years after acquiring the auto parts firm from Doughty Hanson.
Silver Lake Partners agreed to take Serena Software private for roughly $1.2 billion, in what has been a busy week for public-to-private transactions.
The pan-European buyout firm will put cash into consolidating Kwintet’s position in the fragmented professional wear market.
Cerberus Capital Management and Nikko Principal Investments have agreed to a deal to invest around ¥141bn into troubled Japanese conglomerate Seibu. The deal overcame a counterbid from the brothers of ousted Seibu head, Yoshiaki Tsutsumi.
The Blackstone Group has tracked down another hotel deal, this time acquiring the Dallas-based La Quinta chain in a $3.4bn transaction.
Nordic Capital has agreed to sell the Nordic distributor of installation-related products to Cinven and Goldman Sachs Capital Partners in a secondary buyout.