Eamon Murphy

Riordan, Lewis & Haden's portfolio company Bluewolf bought by IBM

IBM acquired Bluewolf Group LLC, a portfolio company of Riordan, Lewis & Haden Equity Partners. Bluewolf provides cloud computing services, primarily in its capacity as a consulting partner of Salesforce.com.

U.S. subsidiary of Eastern Capital-backed Highland Therapeutics taps new president

Ironshore Pharmaceuticals (America) Inc., the U.S. subsidiary of pharmaceutical company Highland Therapeutics Inc., appointed Craig S. Lewis as president. Lewis, formerly SVP at Assurex Health, has been a member of IPA's board of directors since August 2015, and will retain that role. Highland is backed by Eastern Capital Limited, which led a $50 million financing in June 2015.

Clearview's Advanced Medical Personnel Services buys Rise Medical Staffing

Advanced Medical Personnel Services, Inc., a portfolio company of Clearview Capital Fund III, L.P., completed its acquisition of San Francisco-based Rise Medical Staffing, LLC. Rise provides travel nurse staffing to healthcare facilities in the U.S.

Evolve IP secures majority investment from Great Hill Partners

Cloud service company Evolve IP announced a majority investment from Boston-based Great Hill Partners. Terms of the transaction were not disclosed. Founded in 2007, the company is active in 15 countries, and will use the new capital to expand its national distribution channels.

ZMC buys majority stake in Education Networks of America

Media and communications private equity firm ZMC completed a majority stake investment in Education Networks of America, Inc., a provider of data and communication services to school and libraries, out of ZMC II, L.P. ZMC partner Andrew Vogel will become the company's chairman. Terms of the transaction were not disclosed.

Littlejohn & Co. sells DCLI to EQT Infrastructure II

Littlejohn & Co., LLC agreed to sell DCLI, a provider of chassis equipment and asset management services to the U.S. intermodal industry. The buyer is EQT Infrastructure II. Littlejohn formed DCLI in 2012 following the acquisition of assets from Maersk Inc.

Brentwood founder Kip Hagopian retires as chairman of Maxim Integrated Products

Maxim Integrated Products, Inc. announced the retirement of Kip Hagopian as chairman of the board, to be succeeded by current board member William P. Sullivan. Hagopian, a general partner and founder of private equity and venture capital firm Brentwood Associates, was a founding investor in Maxim, which provides analog integration services to industrial and data-driven businesses.

PE HUB Second Opinion

To wrap up your Wednesday, Google plays the do-gooder by banning ads from predatory lenders, but the FTC is once again asking questions about possible antitrust violations. Meanwhile regulators on both sides of the Atlantic are cracking down on mergers between competitors.

Chicago Pacific-backed Marquee Dental expands in the Mid-South

Marquee Dental Partners, which is backed by Chicago Pacific Founders, entered into an affiliation agreement with Signature Smile, a multi-specialty dental practice with locations in Florence and Huntsville, Alabama. Marquee Dental, which affiliates with dental offices in growth markets, now operates 11 practices in Tennessee, Alabama and Kentucky.

Madison Dearborn's NFP promotes Kim Davis to executive VP for HR

Insurance broker and consultant NFP, which is owned by Madison Dearborn Partners, promoted Kim Davis to executive vice president, chief human resources officer. In addition to heading NFP's internal human resources programs, Davis led the company's expansion in HR consulting. She previously co-founded a benefits procurement consortium specializing in private equity that was acquired by NFP in 2012.