Private Equity
Investcorp Technology Partners said Jan. 9 that it acquired Ubisense’s SmartSpace business unit for 35 million pounds ($44.5 million). SmartSpace is an enterprise software and sensor platform that generates and interprets location data to create visibility of real-world objects and their interactions in real-time. Investcorp Technology Partners was advised by Arma Partners, Beecham, Code & Co, Deloitte, Proskauer and Roland Berger.
3 min read · 09 January 2019
CalPERS senior exec seen as “instrumental” to PE strategy resigns; PE dominates Cashnet sale; TriArtisan said in talks to buy P.F. Chang’s
2 min read · 08 January 2019
TriArtisan Capital Partners is in talks to buy P.F. Chang’s, a Chinese food restaurant, for as much as $700 million, Bloomberg is reporting. Centerbridge is the seller. TriArtisan is in discussions with lenders about financing a potential deal, the story said.
1 min read · 08 January 2019
Healthgrades, a Vestar Capital Partners portfolio company, said Jan. 8 that it acquired Influence Health. Financial terms weren’t announced. Influence Health, of Birmingham, Alabama, provides patient engagement software and health marketing analytics, according to PitchBook. Influence Health investors include Silver Lake Sumeru and Essex Woodlands.
2 min read · 08 January 2019
Cressey & Co LP has invested in HHAeXchange. Financial terms weren’t announced. HHAeXchange provides home care management software.
3 min read · 08 January 2019
Carlyle Group said Jan. 8 that its Metropolitan Real Estate’s Secondaries Program II closed on $1.2 billion, exceeding its $750 million target. The program invests in the real estate secondaries market globally and aims to provide liquidity to investors in private equity funds and other partnership structures.
2 min read · 08 January 2019
Sign-Zone LLC, a Pfingsten portfolio company, has acquired Xarisma Inc. Financial terms weren’t announced. Xarisma, of Huntsville, Alabama, makes custom-printed, large format graphic signage and display accessories.
2 min read · 08 January 2019
J.P. Morgan Asset Management has invested in Acuity Eyecare Group, a Riata Capital Group portfolio company. Financial terms weren’t announced. The investment comes as Acuity has acquired two new regional eyecare groups. They include ABBA Eye Care, of Colorado Springs, Colorado, which operates 13 optometry locations, and EyeCare Specialties, of Lincoln, Nebraska, which operates 5 optometry locations.
4 min read · 08 January 2019
Pantheon said Jan. 8 that it opened an office in Dublin, Ireland. Stephen Branagan is CEO of Pantheon Ireland and Pantheon’s head of Ireland.
2 min read · 08 January 2019
IZI Medical Products LLC, a portfolio company of Shore Capital Partners LLC, has acquired select soft tissue biopsy and breast localization needle assets from Cook Medical. The deal includes Quick-Core® Biopsy Needle, MReye® Breast Localization Coil, as well as the Kopans and X-Reidy Lesion Localization Needles. Financial terms weren’t announced.
3 min read · 08 January 2019
