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As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens

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Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

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As AI slashes white-collar jobs, Salesforce CEO Marc Benioff says almost no one is being hired—except in sales

1

As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens

2

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

3

As AI slashes white-collar jobs, Salesforce CEO Marc Benioff says almost no one is being hired—except in sales

Private equity deals

By
Dan Primack
Dan Primack
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By
Dan Primack
Dan Primack
Down Arrow Button Icon
March 30, 2012, 1:39 PM ET

Bain Capital and Lion Capital are considered frontrunners to acquire Bridgepoint’s majority stake in French eyewear retailer Alain Afflelou, according to Reuters. www.alainafflelou.com

Cardinal Equity Partners
 has acquired ESSCO Inc., a Twinsburg, Ohio-based distributor of floorcare cleaning equipment and consumable parts, from MCM Capital Partners. No financial terms were disclosed. www.cardvent.com

CCMP Capital has agreed to acquire Milacron LLC from Avenue Capital Group. No financial terms were disclosed. Milacron is a Cincinnati-based plastics processing company that also provides fluids to the metalworking and packaging industries. No financial terms were disclosed. www.ccmpcapital.com

Internetstores AG, a German online bike and outdoor products retailer, has raised €30 million in growth equity funding from EQT Partners. www.eqt.se

AssuredPartners Inc., an insurance platform sponsored by GTCR, has acquired the assets of Arison Insurance Services Inc., a Louisville, Ky.-based employee benefits agency with nearly $5 million in annual revenue. No financial terms were disclosed. www.gtcr.com

Warburg Pincus has acquired a majority interest in The Gordian Group, a Mauldin, S.C.-based provider of proprietary database management and procurement services for the repair and alterations segment of the construction sector, from The Wicks Group of Companies. No financial terms were disclosed. Term Sheet previously reported on this deal, based on an FTC filing. www.warburgpincus.com

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By Dan Primack
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