PEG Deals that Close 2016-06-30

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

• Apollo Global Management has agreed to acquire Diamond Resorts International Inc. (NYSE: DRII), a Las Vegas-based operator of timeshare properties. The deal is valued at around $2.2 billion, or $30.25 per share (58% premium to closing price for Diamond Resorts stock on Feb. 24, when the company said publicly that it was exploring strategic options).

• Berkshire Partners has acquired Parts Town, an Addison, Ill.-based parts distributor in the foodservice equipment market, from Summit Partners (which will retain a minority equity stake). No financial terms were disclosed.www.partstown.com

• Blackboard, an education technology company backed by Providence Equity Partners, has agreed to acquire Higher One Holdings Inc. (NYSE: ONE), a -based provider of online payment software for tuition and fees. The all-cash deal is valued at around $260 million, or $5.15 per share. www.blackboard.com

• Bruin Sports Capital has acquired Deltatre, an Italy-based sports media services company. No financial terms were disclosed. www.deltatre.com

• Clayton Dubilier & Rice and WM Holding have made a binding takeover offer for French furniture retailer BUT Group. No financial terms were disclosed. Read more.

• Freeman Spogli & Co. has acquired City Barbeque, a Dublin, Ohio-based fast-casual barbeque restaurant chain with 26 locations. No financial terms were disclosed. www.citybbq.com

• TA Associates has acquired a majority stake in Kiwoko, a Madrid-based pet care retailer, from Prine Capital and Corpfin Capital. No financial terms were disclosed. www.kiwoko.com

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

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