Luisa Beltran

Human Interest raises $15.4 mln

Human Interest said Aug. 5 that it raised $15.4 million in funding led by U.S. Venture Partners. Participating in the round were Wing VC, Uncork Capital and Slow Ventures. Human Interest, of San Francisco, is an automated 401(k) provider.

SoftBank invests $200 mln in Cybereason

Cybereason said Aug. 6 that it raised $200 million in funding from SoftBank Group Corp. Cybereason, of Boston, is a cyber security company that has raised $389 million in capital to date.

Growth Street Partners invests in Suralink

Growth Street Partners said Aug. 6 that it acquired a minority stake in Suralink. Financial terms weren’t announced. Suralink provides workflow software for the accounting industry.

Barneys New York files for Chapter 11 bankruptcy

Barneys New York said Aug. 6 that it filed for Chapter 11 bankruptcy protection and secured $75 million in new capital from Hilco Global and the Gordon Brothers Group. As part of the bankruptcy, Barneys New York is closing its physical store locations in Chicago, Las Vegas and Seattle, in addition to five smaller concept stores and seven Barneys Warehouse locations. Barneys locations in Madison Avenue, Downtown NYC, Beverly Hills, San Francisco and Copley Place in Boston, as well as two Barneys Warehouse locations, including Woodbury Common and Livermore, will remain open. Ron Burkle’s Yucaipa Cos and Perry Capital took ownership of Barneys New York, a luxury retailer, in a 2012 debt restructuring, PitchBook said.

AUA-backed Gourmet Culinary buys Gourmet Foods

Gourmet Culinary Holdings, a portfolio company of AUA Private Equity Partners LLC, has acquired Gourmet Foods Inc. Financial terms weren’t announced. Gourmet Culinary makes and distributes specialty prepared foods including soups, sauces, hors d’ oeuvres, appetizers, side items, and breakfast dishes serving the airline, hospitality, restaurant, catering, retail and corporate campuses industries.

Bill Shen exits Encore Consumer for ART Capital

PE HUB Wire Highlights, 8.5.19

KKR to buy majority of heidelpay; Linden Capital scoops up Collagen Matrix; Sponsors cash in on tech overhaul of legacy industries

Apax Partners buys majority of ADCO Group

Apax Partners said Aug. 5 that it agreed to buy a majority of ADCO Group. Financial terms weren’t announced. ADCO operates the DIXI® and TOI TOI® brands that provide portable toilet and sanitation equipment rental and services worldwide.

Pamplona Capital buys Loparex

Pamplona Capital Management said Aug. 5 that it acquired Loparex from Intermediate Capital Group. Financial terms weren’t announced. Loparex makes silicone release liners for customers in a diverse range of end markets, including medical, industrial, tapes, graphics, hygiene, label and composites.

Shamrock-backed Wpromote buys Growth Pilots

Wpromote, which is backed by Shamrock Capital, said Aug. 5 that it acquired Growth Pilots. Financial terms weren’t announced. Growth Pilots, of San Francisco, is a paid media Marketing agency.