Luisa Beltran

Harrison, Galassini join Merida Capital Partners

Merida Capital Partners said May 8 that Tom Harrison and Pamela Galassini joined as operating partners. Harrison was previously the president, chairman and CEO of Diversified Agency Services, a division of Omnicom Group Inc. Galassini is a former Medco Health Solutions executive.

BackOffice Associates changes name

BackOffice Associates said May 8 that it changed its name to Syniti. BackOffice is backed by Bridge Growth Partners LP.

Omnes closes buy of Camerus Group

Omnes said May 9 that it closed its buy of Camerus Group, which it first invested in in 2013. Financial terms weren’t announced. With the refinance, Camerus, a French furniture rental company for trade fairs, conferences and professional events, has bought Lign’Expo.

Parthenon backs merger of Nxgen and Payscape

Leonard Green gets its money back with Mister Car Wash's second dividend

Cinven Fund VII raises $11 bln

Cinven said May 2 that its seventh fund closed on its 10 billion euros ($11 billion) hard cap. Cinven’s prior fund raised 7 billion euros in 2016.

TA-backed insightsoftware buys Jet Global Data

Insightsoftware, a TA Associates portfolio company, said May 2 that it acquired Jet Global Data Technologies. Financial terms weren’t announced. Jet Global, of Portland provides reporting, analytics, and budgeting solutions for Microsoft Dynamics.

Blackstone closes Cloverleaf sale

Blackstone said May 1 that it closed the sale of Cloverleaf Cold Storage to Americold Realty Trust. Cloverleaf, of Sioux City, Iowa, is a cold storage provider. The $1.24 billion sale was announced in April.

Post Holdings to buy TreeHouse ready-to-eat cereal business

TreeHouse Foods Inc said May 2 that it agreed to sell its ready-to-eat cereal business to Post Holdings. Financial terms weren’t announced. The RTE cereal business, of St. Louis, produced about $260 million in sales in 2018.

3M to buy Acelity, KCI from Apax-led group for $6.7 bln

An Apax Partners-led consortium has agreed to sell Acelity Inc and its KCI subsidiaries worldwide to 3M for approximately $6.725 billion. The other sellers include Canada Pension Plan Investment Board and the Public Sector Pension Investment Board. KCI, of San Antonio, markets products such as negative pressure wound therapy, specialty surgical and advanced wound dressing in approximately 90 countries.