Luisa Beltran

Veritas-based StandardAero Aviation is on the block: Wall Street Journal

StandardAero Aviation Holdings Inc, a portfolio company of Veritas Capital, is exploring a sale which could fetch over $5 billion, the Wall Street Journal reported. StandardAero is working with advisors and bids are due in November, the story.

EQT to sell Direct ChassisLink

EQT Partners is weighing the sale of Direct ChassisLink Inc, which provides chassis leasing and other services to shipping companies, railroads, terminal operators, Bloomberg said. EQT is working with an adviser; a sale of DirectChassis could fetch more than $2.5 billion, the story said.

Providence Equity to sell Benefit Street to Franklin Templeton

Stone-Goff invests in John Staurulakis

Stone-Goff Partners said Oct. 23 that it invested in John Staurulakis Inc. Financial terms weren’t announced. John Staurulaki, of Greenbelt, Maryland, provides regulatory and compliance consulting services to more than 400 telecommunications providers in rural communities across the U.S. FOCUS Investment Banking advised JSI. Texas Capital Bank provided senior debt financing, while Five Points Capital and RGA Private Debt & Equity provided mezzanine financing and equity co-investment.

Gemspring invests in Fiesta Insurance

Gemspring Capital has completed an investment in Fiesta Insurance Franchise Corp. Financial terms weren’t announced. Fiesta, of Las Vegas, provides non-standard auto insurance and tax preparation services to Hispanic communities.

Coople raises $21 mln

Coople said Oct. 25 that it raised $21 million in funding from from One Peak Partners, Goldman Sachs Private Capital and Harbert European Growth Capital. Coople, with offices in Zurich and London, operates an on-demand staffing platform in Europe.

Tado raises $50 mln

Tado said Oct. 25 that it raised $50 million in funding from investors including Amazon, E.ON, Total Energy Ventures, Energy Innovation Capital, Inven Capital and the European Investment Bank. Tado, of Munich, provides Smart Thermostats connect heating and air conditioning systems to the internet.

Wireless Innovation buys Rock Seven Mobile, YB Tracking

Wireless Innovation, a portfolio company of Horizon Capital, has acquired Rock Seven Mobile Services Ltd and YB Tracking Ltd. Financial terms weren’t announced. Rock Seven and YB Tracking provides connectivity and hardware using the Iridium satellite network. Deloitte, Dow Schofield Watts, Latitude Consulting, Harrison Clark Rickerbys and Forward Corporate Finance advised Wireless Innovation.

Comvest to exit Red Hawk with $317.5 mln sale to ADT

ADT Inc said Oct. 25 that it agreed to buy Red Hawk Fire & Security for $317.5 million cash. Comvest Partners is the seller. Red Hawk designs, installs and monitors commercial fire, life safety and security services. Raymond James is serving as financial adviser to ADT, while Jefferies and Lincoln International advised Red Hawk.

Berkshire Partners considers sale of footwear maker Implus: Wall Street Journal

Berkshire Partners is exploring a sale of Implus LLC, a maker of footwear and footwear accessories, the Wall Street Journal reported. Berkshire has hired Robert J. Baird and Jefferies LLC to run an auction that could value Implus at about $1 billion, the story said.