MariaDB has raised 25 million euros ($27.3 million) in funding from the European Investment Bank. MariaDB is an open source database.
4 min read · 08 May 2017
QuadReal Property Group, CA Student Living and GI Partners have formed a joint venture to acquire, develop and manage student housing at select universities in the U.S. QuadReal has invested $600 million into the joint venture. CA Student Living and GI are co-investors and general partners, with CA Student Living serving as the operating partner. CA Student Living is student housing investment entity of CA Ventures, of Chicago.
4 min read · 08 May 2017
iContracts, a portfolio company of Susquehanna Growth Equity, has acquired PolicyStat LLC. Financial terms weren’t announced. PolicyStat, of Carmel, Indiana, provides cloud-based policy lifecycle management solutions.
3 min read · 08 May 2017
KKR, Dunas Capital and Alua Hotels & Resorts have agreed to acquire and manage the Intertur Hotels group. Financial terms weren’t announced. Freshfields, Deloitte, Bird & Bird and Deerns advised KKR and Dunas. Bufete Buades advised Intertur.
3 min read · 08 May 2017
New Mountain Capital LLC has invested in Legends Hospitality LLC. Financial terms weren’t announced. New Mountain will own a minority of Legends, while the deal values the company at $700 million, according to press reports. With offices in New York and Los Angeles, Legends is a stadium management company that provides services to facilities including Yankee Stadium, AT&T Stadium, nearly 40 Live Nation venues and One World Observatory. The New York Yankees and Dallas Cowboys reportedly own a majority of Legends.
4 min read · 04 May 2017
Fortress Investment Group LLC said May 3 that its secured lending fund closed with $590 million in total accepted capital. The target for Fortress Secured Lending Fund was $500 million. Fortress Secured Lending will be the primary funding source for the firm’s specialty financing lending business.
2 min read · 04 May 2017
Brentwood Associates said March 3 that Keith Gordon was named an operating partner in its affiliated operations group. Gordon most recently served as executive vice president and chief operating officer of NuCO.
3 min read · 04 May 2017
H.I.G. Capital said May 4 that it has closed its buy of Lionbridge Technologies Inc. The deal was announced in December. Lionbridge, of Waltham, Massachusetts, provides translation, marketing and multilingual communications solutions to more than 800 enterprises worldwide.
3 min read · 04 May 2017
Xee said May 3 that it raised over 12 million euros ($13.1 million) in funding from Bridgestone EMEA, Total and Cofip, who join Via ID, an existing investor. Xee, of Lille, France, is a European smart car app.
5 min read · 04 May 2017
Hawthorne Global Aviation Services said May 3 that it acquired JetSun Aviation Centre. Financial terms weren’t announced. JetSun Aviation, of Sioux City, Iowa, is a full-service fixed-base operator at Sioux Gateway Airport. NexPhase Capital and Hawthorne Corp formed Hawthorne Global in 2010.
3 min read · 04 May 2017