Luisa Beltran

Algolia raises $110 mln

Algolia said Oct. 15 that it raised $110 million in funding led by existing investor Accel. Salesforce Ventures and other firms also participated. Algoria is a Search-as-a-Service platform.

Broadridge Financial buys Appatura

Broadridge Financial Solutions Inc said Oct. 15 that it acquired Appatura Inc. Financial terms weren’t announced. Appatura, formerly known as Data Communique, provides regulatory and marketing content management and automation.

KIND buys Creative Snacks Co

KIND Healthy Snacks said Oct. 15 that it acquired Creative Snacks Co. Financial terms weren’t announced. Creative Snacks makes cluster-style snacks and trail mixes. Mars acquired a minority of KIND in 2017.

Lincolnshire invests in Powerhouse

Lincolnshire Management Inc said Oct. 15 that it invested in Powerhouse and two related companies. This included Security Vault Works Inc and add-on One Source Security & Sound. Financial terms weren’t announced. Powerhouse provides recurring facilities maintenance services, while Security Vault installs self-service kiosks and automated teller machines mainly for financial institutions.

Goldcrest Farm Trust Fund II raises $300 mln

Goldcrest Farm Trust said that it second investment vehicle closed on more than $300 million in commitments. Goldcrest Farm’s first REIT raised $300 million. Goldcrest Farm Trust invests in U.S. farmland.

Apollo, Blackstone bid for Hilton Grand Vacations: Bloomberg

Hilton Grand Vacations Inc attracted first round bids from Apollo Global Management Inc and the Blackstone Group, Bloomberg reported. Apollo’s bid is valued the timeshare resort operator at about $40 a share, the story said.

Lee Equity buys majority of The Living Co

Lee Equity Partners LLC said Oct. 15 that it acquired a majority stake in The Living Co. Financial terms weren’t announced. The Living Co, of Dallas, is provides furniture, fixtures, and equipment to off-campus student housing properties.

Blackstone to launch tender offer for Japan's Unizo: Reuters

Blackstone plans to make a tender offer for Japan’s Unizo Holdings at 5,000 yen a share, Reuters reported Oct. 15. Unizo, a hotel chain, rejected a buyout offer from Blackstone last week as well as one from a “locally renowned” fund that it didn’t identify, the story said.

FFL to exit Crisis Prevention Institute

FFL Partners said Oct. 15 that it agreed to sell Crisis Prevention Institute to Wendel. Financial terms weren’t announced. Crisis Prevention, of Milwaukee, Wisconsin, provides crisis prevention and intervention training programs to help professionals respond to anxious, hostile and violent behaviors with safe and effective methods. Wendel, in a separate statement, said it is investing about $590 million for 98 percent of CPI. UPDATE: The enterprise value of the deal is $910 million.

Carlyle plans to sell Addison Lee by early 2020: Financial Times

Carlyle Group plans to sell Addison Lee by early next year to avoid a debt restructuring or extension, the Financial Times reported. Addison Lee, a taxi business, said its bankers were evaluating its future capital structure and are focused on an “ongoing sales process,” the story said. Bank of America Merrill Lynch and Rothschild are advising, the FT said. Addison Lee has 230 million pounds in net debt, with the majority due for repayment in April 2020, the story said.