Sterling Partners has acquired Spartan College of Aeronautics and Technology, an aviation-maintenance school for training pilots, aviation technicians and nondestructive testing professionals. Terms of the transaction were not disclosed.
3 min read · 09 January 2013
Nonni’s, a portfolio company of Chicago-based private equity investment firm Wind Point Partners, has acquired La Dolce Vita. Wind Point acquired Nonni’s in February 2011 in partnership with CEO Dave Beré. Based in Glendale, Ariz., La Dolce Vita manufactures artisanal Italian biscotti and specialty cookies.
2 min read · 09 January 2013
MicroEdge has secured a minority investment from Bregal Sagemount. Existing investors Vista Equity Partners and the MicroEdge management team, led by CEO Preston McKenzie, will retain majority ownership. Additional terms were not disclosed. MicroEdge is a provider of software and services to the giving community worldwide.
3 min read · 09 January 2013
Apax Partners France is to sell IEE to a consortium including Chinese strategic investors and an international financial investor. Apax Partners led the acquisition of IEE from ArcelorMittal in July 2004, alongside the management team, Altamir Amboise and two Luxembourg-based investment companies, Luxempart and BGL Investment Partners.
3 min read · 09 January 2013
Prospect Capital Corporation has provided $70 million of debt financing for the acquisition of Thomson Reuters Property Tax Services by Ryan. Ryan is a global tax services firm headquartered in Dallas, Texas.
4 min read · 09 January 2013
Lakeshore Waste Services and Recycling Systems have merged into Lakeshore Recycling Systems. Tensile Capital Management provided the equity financing and Comerica Bank provided the debt financing required for the transaction. Livingstone acted as the exclusive financial advisor to Lakeshore and RSI. Terms of the deal were not disclosed.
2 min read · 09 January 2013
Euronet Worldwide, a global electronic payments provider and distributor, has acquired Pure Commerce, a provider of cloud-based financial and payment solutions to banks, acquirers and global retailers. Pure Commerce is headquartered in Sydney, Australia.
4 min read · 09 January 2013
U.S. Venture Partners has appointed Emily Melton as venture partner. Melton previously was a partner at DFJ, where she was actively involved in a number of companies in the firm`s consumer and enterprise portfolio. After DFJ, Emily was with Mayfield Fund, where she was involved in formulating the firm`s mobile and consumer investment strategy.
3 min read · 09 January 2013
LoopFuse, a cloud-based marketing automation software company, has completed a merger with Nearstream, a provider of social engagement software. The combined company is to be called Nearstream. LoopFuse os backed by True Ventures among others.
2 min read · 09 January 2013
Selah Genomics has completed the management buyout of Lab21 Inc, the US subsidiary of Lab21 Ltd, led by the existing Lab21 Inc management team. Nexus Medical Partners, SCRA Technology Ventures` Stage 2 Affiliate, SC Launch and the Greenville Local Development Corporation supported the buyout.
3 min read · 09 January 2013
