Cinven said Aug. 29 that it has agreed to sell CPA Global to Leonard Green & Partners LP. Financial terms weren’t announced. CPA Global provides IP software, services and data & analytics for corporates and law firms. The deal is valued at 2.4 billion pounds ($3.1 billion), according to press reports.
2 min read · 29 August 2017
3 min read · 28 August 2017
Blackstone said Aug. 27 that Katsuyuki Kuki is joining the firm as chairman and representative director for Japan. Kuki will advise and support Blackstone’s investing and capital raising efforts in that country. Kuki was previously the chairman of banking at J.P. Morgan in Japan.
2 min read · 28 August 2017
Calera Capital said Aug. 28 that it has closed its sale of United Site Services to Platinum Equity. Financial terms weren’t announced. United Site, of Westborough, Massachusetts, provides portable restrooms, temporary fence and related site services.
2 min read · 28 August 2017
Clarion Capital Partners said Aug. 21 that it has closed an investment in AML RightSource. Financial terms weren’t announced. Current shareholders, Frank Ewing and Paul Linehan, will retain a stake in AML. AML, of Cleveland, provides anti-money laundering services.
3 min read · 21 August 2017
H.I.G. Growth Partners has invested in Fidelity Payment Services. Financial terms weren’t announced. Fidelity, of Brooklyn, New York, provides payment processing to small- and medium-sized businesses across the U.S. and Canada.
3 min read · 18 August 2017
2 min read · 17 August 2017
DRW Holdings LLC has agreed to buy RGM Advisors. Financial terms weren’t announced. TA Associates is the seller. RGM, of Austin, is a quantitative trading firm.
2 min read · 17 August 2017
Centerbridge Partners said Aug. 17 that it completed its $1.26 billion buy of Syncsort Inc and Vision Solutions Inc. Clearlake Capital Group LP, the seller, has retained a minority stake in the combined company.
5 min read · 17 August 2017
Mountaingate Capital said Aug. 16 that it closed its first fund at its $395 million hard cap. The target of Fund 1 was $300 million. Mountaingate, of Denver, invests in lower middle market companies in four sectors: marketing services, business/industrial services, specialty distribution and specialty manufacturing, including medical devices.
4 min read · 17 August 2017