Deals that close – Private Equity – 9/29/2014

Information provide by Associated Press, CB Insight, Crunchbase, Forbes, Market Watch, Reuters, and other sources.  Please check company website for best information.

  • The Canada Pension Plan Investment Board has invested $325 million to become a “major equity partner” of 21st Century Oncology Holdings Inc., a Fort Myers, Fla.-based provider of radiation therapy and other services to cancer patients in the United States and Latin America. 21st Century Oncology is majority-owned by Vestar Capital Partners. www.rtsx.com
  • The Carlyle Group has agreed to acquire a 75.05% stake and operational control of Southeast PowerGen, a portfolio of six natural gas-fired power plants in Georgia, from ArcLight Capital Partners and GIC. No financial terms were disclosed. www.carlyle.com

Carlyle Group

  • Standard Chartered Private Equity has invested $60 million for a “significant minority stake” in An Giang Plant Protection Joint Stock Co., a Vietnamese distributor of rice seeds and plant protection chemicals. www.agpps.com.vn
  • Treasury Wine Estates Ltd. (ASX: TWE) has rejected a pair of private equity takeover offers that would have valued the Australian wine-maker at around A$3.4 billion, saying the valuation was too low and the transaction would require too much leverage. One bid came from KKR and Rhone Capital, while the other came from TPG Capital. Read more.

tpg capital

• Vista Equity Partners has agreed to acquire TIBCO Software Inc. (Nasdaq: TIBX), a Palo Alto, Calif.-based provider of enterprise infrastructure and business intelligence software. The deal is valued at approximately $4.3 billion (including the assumption of debt), or $24 per share. Goldman Sachs managed the sale process, which had included interest from Thoma Bravo. www.tibco.com

Information provide by Associated Press, CB Insight, Crunchbase, Forbes, Market Watch, Reuters, and other sources.  Please check company website for best information.

Happy Investing & Networking,

JD Morris

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Author: JDM

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