Luisa Beltran

M/C Partners VIII raises $350 mln

M/C Partners said April 8 that its latest fund closed on its $350 million hard cap. M/C focuses on companies in the growth infrastructure and services segments of the $1 trillion telecommunications and information technology industries. Monument Group Inc served as placement agent for Fund VIII, while Latham & Watkins LLP provided legal counsel.

Nautic buys LindFast Solutions Group

Nautic Partners LLC said April 8 that it closed its buy of LindFast Solutions Group. Financial terms weren’t announced. LindFast, of Blaine, Minnesota, distributes specialty fasteners for the North American market through its metric (Lindstrom) and imperial (Stelfast) product brands.

Rose to retire from StepStone as IPO looms

CD&R to buy majority of Sirius Computer

Clayton, Dubilier & Rice agreed to buy a majority of Sirius Computer Solutions Inc. Financial terms weren’t announced. Sirius, of San Antonio, Texas, is an IT solutions integrator. Kelso & Co is exiting once the deal closes.

H.I.G. bites into Jenny Craig

SoftBank Group wants to add $15 bln more for huge tech fund: Bloomberg

SoftBank Group is in talks with investors to add another $15 billion to its huge $100 billion tech fund, Bloomberg reported. SoftBank’s Vision Fund has invested more than $70 billion in tech companies in the last two years, the story said.

ATL Partners Fund II raises $575 mln

ATL Partners, which invests in the aerospace, transportation, and logistics sectors, said April 4 that their latest fund closed on $575 million in capital commitments. Aerospace, Transportation and Logistics Fund II LP will target platform investments with $300 million to $2.5 billion of enterprise value using equity contributions of up to $150 million from Fund II plus equity co-investment.

Cache Creek, Rockmont Capital to buy Automated Business Power

Cache Creek Industries LLC said April 4 that it is partnering with Rockmont Capital Partners Ltd to buy Automated Business Power Inc. Financial terms weren’t announced. Automated Business, of Gaithersburg, Maryland, designs and makes of advanced integrated communications systems, uninterruptible power systems and related equipment for the military and other applications.

Great Hill-led group recaps Custom Ink

Great Hill Partners is leading a group to invest in Custom Ink through a recap. Financial terms weren’t announced. Custom Ink’s current shareholders, including Revolution Growth and SWaN & Legend Venture Partners, are exiting. Custom Inc, of Fairfax, Virginia, provides custom apparel for groups, companies and communities.

H.I.G. Capital to buy Jenny Craig

H.I.G. Capital said April 4 that it has acquired Craig Holdings Inc. Financial terms weren’t announced. Craig, of Carlsbad, California, provides weight loss services including meal plans, foods, and consultants. North Castle Partners is the seller.