Representing Jarden Corp.'s (JAH) second mega-deal of the the year, the consumer products giant has struck a $1.5 billion deal to acquire the parent company of yearbooks maker Jostens Inc. Boca Raton, Fla.-based Jarden has agreed to buy Visant Holding Corp. from its private equity backers, Kohlberg Kravis Roberts Co. (KKR) and aPriori Capital Partners. The enterprise value of the deal for Minneapolis-based Visant is about 7.5 times adjusted Ebitda, the consumer products giant said. The deal for Jostens comes about three months after Jarden purchased Waddington Group Inc. for $1.35 billion from Stamford, Conn., private equity firm Olympus Partners LP in early June. The maker of plastic tableware will add $800 million in revenue in fiscal 2016. Jarden said in a statement announcing the Jostens acquisition that it has already received a commitment for financing, but may also choose to pay for a portion of the transaction with cash or common equity in addition to bank debt or bonds. It expects to close the deal in the fourth quarter.