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Private equity deals

By
Dan Primack
Dan Primack
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By
Dan Primack
Dan Primack
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September 23, 2013, 2:03 PM ET

Healthcare Solutions Inc., a Duluth, Ga.-based portfolio company of Brazos Private Equity Partners, has acquired Modern Medical, a Lewis Center, Ohio-based pharmacy management and specialty health services company serving the workers’ compensation market. No financial terms were disclosed. Www.healthcaresolutions.com

J.C. Flowers & Co.
Is considering a bid for TSB, a UK retail banking business that Lloyds has been expected to float, according to The Telegraph. AnaCap  also is said to be interested.

JP Liquids
, a portfolio company of ArcLight Capital Partners, has agreed to acquire substantially all of the assets of Highway Pipeline Inc., a provider of transportation of natural gas liquids by tank truck in the Eagle Ford and Permian Basin. No financial terms were disclosed.Www.arclightcapital.com

The Royal Bank of Scotland is nearing a deal to sell more than 300 branches to Corsair Capital and Centerbridge Partners, according to The Scotsman. No final decision has been made, though, with both The Blackstone Group and AnaCap still involved in the auction process. Www.rbs.com

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By Dan Primack
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