Luisa Beltran

Rackspace sells Cloud Sites unit to PE-backed Liquid Web

Liquid Web, a Madison Dearborn Partners portfolio company, has agreed to buy Rackspace’s Cloud Sites business unit. Financial terms weren’t announced. San Antonio-based Cloud Sites provides a technology platform designed for high-traffic websites.

Becher to join DW Healthcare Partners

DW Healthcare Partners said Aug 8 that Gabriel Becher is joining the firm as a Principal. Becher is a former Portfolio Manager with Alberta Investment Management Corp.

Svoboda Capital Partners invests in One North

Svoboda Capital Partners has invested in One North. Financial terms weren’t announced. Chicago-based One North is a digital agency. AdMedia Partners provided financial advice to One North.

Hau, Jacobson join Charlesbank

Charlesbank Capital Partners said Aug 8 that Sandor Hau and Matthew Jacobson have joined the firm. Hau joined Charlesbank as a Managing Director while Jacobson is a Principal. Hau most recently was a Managing Director and Head of Corporate Credit and Special Situations at Nomura. Jacobson recently served as Executive Director at an undisclosed credit-focused asset management firm.

CVRx Inc raises $113 mln

CVRx Inc said Aug 9 it raised $113 million, which included $93 million in equity financing and a $20 million debt facility. JJDC Inc was the lead investor, with participation from existing investors New Enterprise Associates Inc and Ysios BioFund I F.C.R. New investors in the Series G financing included Gilde Healthcare Partners, Action Potential Venture Capital Ltd and Windham Venture Partners. The $20 million loan agreed was with Oxford Finance LLC. Minneapolis-based CVRx is a private medical device company. Leerink Partners LLC provided financial advice for the equity fund raising.

Back to School: Election pauses PE deals in upper-mid market

FIS sale of SunGard PS&E is busted: sources

Vestar Capital to buy Mobile Technologies

Vestar Capital Partners said Aug 8 that it acquired Mobile Technologies Inc from Hammond, Kennedy, Whitney & Company Inc. Financial terms weren’t announced. Portland-based Mobile Technologies provides mobile device security and display technologies.

Investcorp to exit Tyrrells in $392 mln sale

Investcorp has agreed to sell Crisps Topco Ltd (“Tyrrells”) to Amplify Snack Brands Inc. The deal is valued at 300 million pounds ($392 million). Tyrrells Court Farm, Herefordshire-based Tyrrells makes hand-cooked potato and vegetable crisps, popcorn and other savoury snacks.

ABRY to control NSM Insurance via joint venture

AIG is contributing its controlling stake of NSM Insurance Group into a joint venture that will be majority owned by ABRY Partners. Financial terms weren’t announced. Conshohocken, Pennsylvania-based NSM develops, implement and underwrites industry specific insurance programs.