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Oak HC/FT-backed WithMe Health expands leadership team

WithMe Health, a portfolio company of Oak HC/FT, said Nov. 20 that four new executives have joined the company. They include: Helen Sherman as chief pharmacy officer; Smita Nair as chief product officer; Tom Smith as general counsel and head of compliance; and, Dickon Waterfield as chief commercial officer.

Broadridge Financial buys ClearStructure Financial Technology

Broadridge Financial Solutions Inc said Nov. 20 that it acquired ClearStructure Financial Technology. Financial terms weren’t announced. ClearStructure Financial Technology provides portfolio management solutions for the private debt markets.

Marlin Equity buys Wax Digital

Marlin Equity Partners has completed its buy of Wax Digital. Financial terms weren’t announced. Wax Digital, of London, provides sourcing and procurement solutions. August Equity acquired Wax Digital in 2015, according to PitchBook.

NovaQuest's first dedicated PE fund raises $275 mln

NovaQuest Capital Management LLC said Nov. 20 that its first dedicated private equity fund has closed on its $275 million hard cap. NovaQuest Private Equity invests in opportunities that aim to reduce the total cost of care, meet unmet medical needs, reduce unnecessary procedures, improve efficacy (therapeutics or prevention) and / or improve the quality of life. Eaton Partners was placement agent.

Reverence-backed Advisor Group to buy Ladenburg Thalmann

Advisor Group, a portfolio company of Reverence Capital, agreed to buy Ladenburg Thalmann in a deal valued at about $1.3 billion. Ladenburg Thalmann is a network of five independent broker-dealers. Alex Yavorsky, Ray Bader and Yash Mathur of Jefferies advised Ladenburg on the process, while Alison Ressler, Jared Fishman and Jordan Bunn of Sullivan & Cromwell LLP served as their legal counsel. Eversheds Sutherland, Kirkland & Ellis LLP, and Greenberg Traurig LLP were the attorneys for Advisor Group/Reverence Capital. Bank of America, UBS Securities, Barclays, Deutsche Bank Securities and Goldman, Sachs & Co have committed to provide financing for the deal.

Winklevoss backed Gemini Trust buys Nifty Gateway

Gemini Trust Co LLC said Nov. 19 that it has acquired Nifty Gateway. Financial terms weren’t announced. Nifty Gateway is a platform for non-fungible tokens. Gemini Trust is the cryptocurrency exchange founded by the brothers Cameron and Tyler Winklevoss.

BlueVine raises $102.5 mln

BlueVine said Nov. 19 that it raised $102.5 million in a Series F round of funding led by ION Crossover Partners. New investors included MUFG Innovation Partners Co Ltd, O.G. Tech - Eyal Ofer’s VC, Vintage Investment Partners, ION Group, Maor Investments and additional private investors. Also participating were all major existing investors, including Lightspeed Venture Partners, Menlo Ventures, 83North, SVB Capital, Nationwide, Citi Ventures, Microsoft’s venture fund, M12, and private investors. BlueVine provides small business banking.

PE HUB Wire Highlights, 11.19.19

Vista buys Sonatype; Kohlberg puts SpecialtyCare up for sale; Why TA won't ever sell a stake in itself

Baring Private Equity Asia to buy Lumenis

Baring Private Equity Asia said Nov. 19 that it agreed to buy Lumenis in a deal valued at over $1 billion. Lumenis is an Israeli medical device and equipment company. XIO Group is the seller.

New York Attorney General investigating WeWork: Reuters

The New York Attorney General is investigating WeWork, Reuters reported. The NYAG is examining is whether WeWork’s founder and former chief executive, Adam Neumann, indulged in self-dealing to enrich himself, the story said.