Kinderhook Industries LLC said April 16 that it acquired SCA Performance. Financial terms weren’t announced. SCA, of Trussville, Alabama, is an OEM authorized specialty vehicle manufacturer for light-duty trucks. Kirkland & Ellis LLP served as legal counsel to Kinderhook.
3 min read · 17 April 2018
Monogram Capital Partners has invested in Ellenos, acquiring a substantial minority stake. Ellenos, of Seattle, is a Greek yogurt brand. Meridian Capital advised Ellenos.
4 min read · 17 April 2018
LNC Therapeutics said April 17 that it appointed Dr. Georges Rawadi as its new CEO. Rawadi was previously vice president of business development & intellectual property and a member of the management team at Celyad.
3 min read · 17 April 2018
To start your morning, Lerer Hippeau takes over another fund from Binary Capital, Kraken is ending trading services for Japanese residents and Desiree Linden wins the Boston Marathon.
1 min read · 17 April 2018
H.I.G. Capital said April 16 that Jeff Wiseman has joined the firm’s real estate investment affiliate, H.I.G. Realty Partners, as managing director and head of U.S. real estate debt.
3 min read · 16 April 2018
Carpe said April 16 that it raised $2.3 million in seed funding co-ed by Carolina Angel Network and Duke Angel Network. Other investors include LaunchCapital, Rubicon Venture Capital, and Triangle Angel Partners. Seth Radwell, ex-CEO of Proactiv, also invested. Carpe, of Durham, North Carolina, is an antiperspirant lotion that aims to reduce embarrassing hand and foot sweat, especially in patients with hyperhidrosis.
3 min read · 16 April 2018
PeopleFacts, a portfolio company of SNH Capital Partners, has acquired TRAK-1. Financial terms weren’t announced. TRAK-1, of Tulsa, Oklahoma, provides a background screening platform.
2 min read · 16 April 2018
LenderLive Services LLC said April 16 that it acquired reQuire Holdings LLC from L2 Capital Partners. Financial terms weren’t announced. ReQuire, of Virginia Beach, Virginia, provide compliance, quality assurance and valuation solutions for the residential and commercial real estate market. Evercore acted as LenderLive's financial advisor and Ballard Spahr LLP acted as legal counsel to LenderLive.
3 min read · 16 April 2018
2 min read · 16 April 2018
Capital Southwest Corp said April 16 that it expanded its Senior Secured Credit Facility to $200 million from $180 million. Capital Southwest, an internally managed BDC, said it added a new lender.
3 min read · 16 April 2018