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Weekly Deals and Funds Roundup: 2 November 200502/11/2005. Source: AltAssets. 
 A selection of the latest deals and funds news from across the globe - essential reading for those who need to keep up-to-date with the industry's key developments.
This weekly roundup provides an update on deals and fund activity that did not feature as separate stories in AltAssets' daily news service.
DEALS
An affiliate of Minneapolis-based private equity investment firm Goldner Hawn Johnson & Morrison Incorporated has agreed to acquire Transport Corporation of America. Transport Corporation of America provides truckload freight carriage and logistics services to customers in the US, Canada and Mexico. Under the terms of the merger agreement, each outstanding share of Transport America's common stock will be converted into the right to receive $10 in cash. Transport America currently has approximately 6.6 million shares of common stock outstanding, excluding options.
London-based BancBoston Capital, now part of the European private equity network of Bank of America, has sold its stake in Unity Brands, a specialist lingerie manufacturer, to the incumbent management for a total return of six times its original investment, according to a statement. Unity Brands had global turnover in 2004 in excess of £40m. Further financial details were not disclosed.
Technology and media-focused private equity fund Main Capital has acquired a stake in Dutch technical documentation company Tedopres. Tedopres employs over 130 professionals in The Netherlands, Germany and the USA. Main Capital focuses on growth capital investments, MBOs and special situations.
3i has supported the management of Panreac Quimica, a Spanish manufacturer and supplier of chemicals for laboratory research and production, in a €48.5m buy-out. Panreac Quimica plans to use part of the invested capital to continue to grow organically through product diversification and to expand into new regions. 3i has introduced Ramon Lafuente, with whom it has worked with before, as chairman.
Cape Natexis Private Equity Fund, a €120m fund which invests in buy-out and expansion deals mainly in Northern Italy, has completed a €45m owner buy-out of manufacturer Phoenix International. CNPEF together with Fondamenta invested €10.2m. The current shareholders retain an interest in the business. In 2004 Phoenix generated turnover of €48m, with EBITDA of €9.6m.
Mid-market private equity investor Inflexion Private Equity has led the acquisition of Tandata Systems on behalf of its portfolio company ACIS. Tandata is a UK software house and systems integrator specialising in the provision of information systems for passenger transport facilities, including bus and coach stations, rail stations and international airports. Inflexion Private Equity specialises in UK buy-out transactions of businesses with typical enterprise values of between £5m and £30m.
Wind Point Partners, a private equity investment firm with offices in Chicago, Illinois and Southfield, Michigan, has acquired air medical services provider Omniflight from an investor group led by Texas Growth Fund. Wind Point acquires Omniflight in partnership with Greg Guckes, who will assume the role of chairman upon closing.
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