Private Equity
Incline Equity Partners has re-invested in Caldwell & Gregory. Financial terms weren’t announced. Incline originally invested in Caldwell & Gregory in 2008 and sold in 2013. Caldwell & Gregory, of Manakin-Sabot, Virginia owns and services more than 50,000 laundry machines across 23 states and the District of Columbia.
2 min read · 17 December 2018
3 min read · 17 December 2018
Frazier Healthcare Partners has acquired Atlanta Gastroenterology Associates. Financial terms weren’t announced. Atlanta Gastroenterology Associates provides digestive healthcare services, including advanced endoscopic therapies, liver disease treatments and multidisciplinary inflammatory bowel disease management. Frazier has formed United Digestive, which is the new name of management company going forward.
3 min read · 17 December 2018
Norwest Venture Partners said Dec. 17 that it invested in Jolyn Clothing Co. Financial terms weren’t announced. Jolyn, of Huntington Beach, California, is a designer and e-retailer of women’s performance training swimwear, accessories, and ath-leisure apparel.
2 min read · 17 December 2018
Pestell Group, a portfolio company of Wind Point Partners, said Dec. 17 that it acquired Targeted Pet Treats. Financial terms weren’t announced. Targeted Pet Treats, of Warren, Pennsylvania, makes dental treats and long-lasting chews for pets. Antares Capital, BMO Sponsor Finance and PennantPark led the debt financing for the transaction. Kirkland & Ellis LLP served as legal counsel to Pestell. Sheppard Mullin Richter & Hampton LLP acted as legal counsel to TPT.
4 min read · 17 December 2018
Anthony Grosso has joined Rockefeller Capital Management as a managing director to establish and manage the firm’s San Francisco office. Grosso spent 15 years as a managing director at Merrill Lynch where he was a senior leader of the ventures services group.
3 min read · 17 December 2018
Keystone Capital Inc said Dec. 17 that it acquired MERGE. Financial terms weren’t announced. MERGE, of Chicago, is a marketing and technology services agency.
2 min read · 17 December 2018
7days, a portfolio company of Silverfleet Capital, said Dec. 17 that it agreed to buy Praxis Herning A/S. Financial terms weren’t announced. Praxis, of Herning, Denmark, designs, produces and sells clothing for medical professionals.
3 min read · 17 December 2018
Omnes and BIP Capital Partners said Dec. 13 that they acquired a majority of Captain Tortue. Financial terms weren’t announced. Philippe and Lilian Jacquelinet are reinvesting in the deal. Captain Tortue, of Paris, is a direct seller of women’s ready-to-wear clothing.
2 min read · 14 December 2018
Upland Software Inc said Dec. 13 that it acquired Adestra Ltd for $56 million. Adestra, of Oxford, England, provides email marketing, transaction and automation software. Adestra raised $7.2 million in Series A funding from Business Growth Fund in January 2016, PitchBook said. Shea & Co advised Adestra.
4 min read · 14 December 2018