Private Equity
Canada's Public Sector Pension Investment Board, or PSP Investments, launched a new global road investment platform called ROADIS. This portfolio of roads on four continents was formerly known as Insolux Infrastructure Netherlands B.V., part of Grupo Isolux Corsan. PSP Investments is now the sole shareholder of ROADIS, and also acquired Grupo Isolux's indirect interest in Wind Energy Transmission Texas, LLC.
2 min read · 03 May 2016
Lariat Partners has invested in Willowood USA, an Oregon-based provider of generic crop protection products seeking to expand its presence in U.S. agriculture. Based in Denver, Lariat is a lower-middle market PE firm that targets consolidations, consumables and recurring revenue businesses.
2 min read · 03 May 2016
AlliedBarton Security Services, a portfolio company of Wendel SE, decided to merge with Universal Services of America, a portfolio company of Warburg Pincus and Partners Group. The combined company will operate under the AlliedUniversal brand. Warbug Pincus and Wendel will be lead investors with equal voting rights; Partners Group will also have ownership interests.
5 min read · 03 May 2016
Kirkland & Ellis LLP announced that private equity lawyers Michael Weisser and Sarah Stasny have joined the firm's New York office as partners in the corporate practice group. Weisser and Stasny, who represent PE firms and their portfolio companies as well as pension plans and hedge funds, were previously partners at Weil, Gotshal & Manges LLP.
2 min read · 03 May 2016
Octopus Ventures announced the appointment of mobile gaming entrepreneur Eyal Rabinovich, who co-founded the Israeli game publisher PlayScape at age 24. The London-based VC firm recently raised an additional £100 million, £75 million of which is earmarked for investment in early-stage European entrepreneurs.
3 min read · 03 May 2016
Lemhi Ventures and Nasdaq led a $40 million Series D financing in Digital Reasoning, a cognitive computing technology company. Existing investors Goldman Sachs and HCA also participated.
3 min read · 03 May 2016
Global law firm Morrison & Foerster's Berlin office announced the addition of Angela Kerek as partner to its finance department. Kerek, formerly of the Linklaters' Frankfurt office, will help the firm build out a dedicated debt finance practice in Germany.
4 min read · 03 May 2016
Multinational wind turbine company Envision Energy acquired BazeField Technology, maker of software for managing wind farms. BazeField will continue to operate independently under the agreement.
3 min read · 03 May 2016
Baird Capital's U.K. private equity group bought a majority stake in bfinance Holdings Limited, a provider of investment consultancy and manager selection advice. Headquartered in London, bfinance advises customers including large corporations, public sector pension funds, sovereign wealth funds and family offices. Baird Capital is the direct private investment arm of Robert W. Baird & Co.
2 min read · 03 May 2016
Xact Data Discovery, a portfolio company of Clearview Capital Fund III, L.P., acquired San-Francisco-based F1 Discovery, LLC, a provider of electronic discovery services to law firms and corporate clients. The deal expands the West Coast presence of XDD, which is headquartered in Mission, Kansas.
2 min read · 03 May 2016
