• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

The 'golden passport': Argentina to offer citizenship for foreigners that make a $350,000 contribution to its treasury—or invest $800,000 in its bonds

2

Billionaire George Soros has donated $102 million ahead of the midterms—and now the Democrats are coming out ahead

3

Trump just soft-launched higher inflation as the new solution for rebalancing the $40 trillion U.S. national debt

1

The 'golden passport': Argentina to offer citizenship for foreigners that make a $350,000 contribution to its treasury—or invest $800,000 in its bonds

2

Billionaire George Soros has donated $102 million ahead of the midterms—and now the Democrats are coming out ahead

3

Trump just soft-launched higher inflation as the new solution for rebalancing the $40 trillion U.S. national debt

Private equity deals

By
Dan Primack
Dan Primack
Down Arrow Button Icon
By
Dan Primack
Dan Primack
Down Arrow Button Icon
August 27, 2013, 3:12 PM ET
Google source logo
Add Fortune on Google for similar content.

KKR and TPG Capital are out of the auction for Hong Kong supermarket chain ParknShop, after their bids came up short, according to Reuters. Seller Hutchison Whampoa is hoping to secure between $3 billion and $4 billion, with mostly strategic bidders remaining in the process. www.hutchison-whampoa.com

Brazos Private Equity Partners has acquired Eberle Design Inc., a Phoenix-based maker of electronic control products for the traffic, access and rail industries. The seller was Graham Partners. No financial terms were disclosed.  www.editraffic.com

OmniForce LLC, a Los Angeles-based athletic event production company, has raised an undisclosed amount of equity funding from Bregal Partners. www.bregalpartners.com

Resilience Capital Partners has acquired CableNet Services Unlimited, a Boothwyn, Penn.–based provider of cable fulfillment services in Pennsylvania and New Jersey. No financial terms were disclosed. www.cablenetservices.com

VeriClaim Inc., a Naperville, Ill.-based subsidiary of T&H Global Holdings has acquired Property Claims Services Inc., a provider of loss adjusting and claims handling services to the property and casualty insurance market. No financial terms were disclosed. T&H is a portfolio company of Flexpoint Ford. www.vericlaiminc.com

Vestar Capital Partners has agreed to acquire a majority stake in American Roland Food Corp., a New York-based maker of specialty foods. No financial terms were disclosed for the deal, which is expected to close next month. www.rolandfood.com

Wasserstein & Co. has agreed to acquire Globecomm Systems Inc. (Nasdaq: GCOM), a Hauppauge, N.Y.–based provider of managed network solutions. The deal is valued at approximately $340 million, or $14.15 per share – a 21.9% premium over 1/4/13 price, which is when Globecomm said it was retaining Needham & Co. to explore strategic alternatives. www.wasserco.com

Kedu Healthcare, a Chinese provider of medical equipment services, has raised an undisclosed amount of private equity funding from Baird Capital. www.BairdCapital.com

MBK Partners has agreed to acquire ING Life Korea, the South Korean life insurance unit of ING Groep, for approximately $1.65 billion. The deal is expected to close by year-end, with ING retaining a 10% ownership stake. MBK also will be allowed to use the ING brand for up to five years.www.mbkpartnerslp.com

Tourmalet Advisors LP, a Fairfield, Conn.-based alternative investment manager focused on distressed residential mortgage assets, has secured an undisclosed amount of equity funding fromAquiline Capital Partners. www.TourmaletAdvisors.com

Sign up for Dan’s daily email newsletter on deals and deal-makers: GetTermSheet.com

About the Author
By Dan Primack
See full bioRight Arrow Button Icon

Latest in


Most Popular

Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

    Latest in


    Most Popular

    © 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
    FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.