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Iris Dorbian

The Dusseldorf, Germany-based ENTRADE Group said on Wednesday that it is buying Agnion Energy. The current owners of Agnion Energy are Kleiner Perkins Caufield & Byers, Wellington Partners, Munich Venture Partners and Waste Management. No financial terms were disclosed. Headquartered in Pfaffenhofen, Bavaria, with a branch in Bolzano, Agnion is a heating and electricity supplier.
Dominion Gas, an oil field services company, was sold by Graphite Capital to Praxair, a U.S. based industrial gases group. No financial terms were disclosed. The Dominion management team, led by Russel Davies, chief executive, and Neil Potter, finance director, will remain with the company. Based in Aberdeen, Scotland, Dominion has facilities in the UK, Norway, Singapore and West Africa.
Hollander Home Fashions, a portfolio company of HGGC, has acquired Louisville Bedding's basic bedding retail business. No financial terms were disclosed. Louisville Bedding's basic bedding retail business has been renamed Hollander Sleep Products. Based in Boca Raton, Florida, Hollander Sleep Products is a provider of bed pillows, mattress pads, down comforters and related products.
Fidelity National Financial (FNF), a provider of title insurance and mortgage services, said on Tuesday that it has agreed to buy Lender Processing Services (LPS) for $33.25 per common share. The total equity value of the transaction is approximately $2.9 billion. FNF said it would pay half in cash and half in stock, subject to adjustment. Also, FNF will combine its ServiceLink business with LPS into a new holding company and is selling 19% to Thomas H. Lee Partners for about $381 million in cash.  Jacksonville, Fla.-based LPS is a provider of technology, data and analytics to the mortgage and real estate industries.
Transplace said on Tuesday that it has been acquired by Greenbriar Equity Group LLC, a New York-based private investment firm. No financial terms were disclosed. The company was previously owned by an affiliate of CI Capital Partners and Transplace's management. Headquartered in Frisco, TX, Transplace is a provider of transportation services.
Source Photonics, a portfolio company of Francisco Partners, said Tuesday that it has named Doug Wright as president and CEO, effective immediately. Wright succeeds current CEO, Dr. Near Margalit, who will assume the role of the company's chief product officer. Headquartered in Chatsworth, Calif., and with offices in both China and Taiwan, Source Photonics is a provider of optical communication products.
The Museum of American Finance said on Tuesday that Southport Lane, a New York-based private equity and asset management firm, will be sponsoring free Saturday admissions for the remainder of 2013. An affiliate of the Smithsonian Institution, the Museum of American Finance, which is based in New York City, is focused on finance, entrepreneurship and the open market system.
Propel Equity Partners said on Tuesday that it has acquired ALEX. No financial terms were disclosed. ALEX founders Nurit and Rick Amdur will remain with the company, while Fred Keller, president of POOF-Slinky, a portfolio company of Propel Equity Partners, will become president of ALEX. Based in Northvale, New Jersey, ALEX is a producer of children's toys.
The Park Hill Group, a division of Blackstone, said on Tuesday that Pablo Calo has joined its secondary advisory business as a managing principal. In his new position, which is based in London, Calo will provide secondary advisory services to clients in Europe. Prior to joining Park Hill, Calo worked at PineBridge Investments where he was the head of European private equity secondaries.
Littlejohn & Co., LLC, a private investment firm based in Greenwich, CT, said on Tuesday that it has made an equity investment in Gulf Coast Shipyard Group. No financial terms were disclosed. Also, John Dane III , president and CEO of Gulf Coast Shipyard Group, will continue to lead the company; however, Felix S. Sabates Jr. will step down as the company chair to become an advisor and consultant to the company. Based in Gulfport, Mississippi, Gulf Coast Shipyard Group, which is the parent company of TY Offshore and Trinity Yachts, is a provider of commercial vessels.
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