Luisa Beltran

Lovell Minnick sells part of Matthews Asia stake

Lovell Minnick Partners said Wednesday it has agreed to sell a portion of its stake in Matthews International Capital Management LLC (“Matthews Asia”) to Mizuho Financial Group. Financial terms weren’t announced. Matthews International Capital, of San Francisco, is an Asia investment specialist. Lovell acquired a minority stake in Matthews Asia in early 2011. RBC Capital Markets advised Lovell.

WPC Healthcare closes MBO

WPC Healthcare has completed its management buyout from Washington Publishing Co. West End Holdings LLC provided equity funding while CapStar Bank provided senior financing. Nashville-based WPC Healthcare provides predictive analytics services for the healthcare industry.

Vizo raises $750,000

Vizo Inc. has raised about $750,000 in funding. Vizo develops and operates a mobile news app that delivers summaries of trending news stories to users. Greenberg Traurig LLP represented Vizo in the startup financing.

Domaine Select Wine buys Vinecraft

Domaine Select Wine & Spirits, a portfolio company of Walden Capital Management, has acquired Vinecraft LLC. Financial terms weren’t announced. Miami-based Vinecraft is a fine wine and spirit distributor.

AMO Pharma raises $25 mln

AMO Pharma Ltd. said Wednesday it raised $25 million in private equity financing from Woodford Investment Management. The investment came from the Woodford Patient Capital Trust, which Woodford Investment launched this year. AMO Pharma is a biopharmaceutical company focusing on debilitating diseases with limited or no treatment options.

Norse raises $11.4 mln

Norse has raised $11.4 million in a Series A1 round led by KPMG Capital. Foster City, California-based Norse provides security solutions that aim to help companies block the threats.

Neuromod Devices raises $6.2 mln

Neuromod Devices Ltd. said Tuesday that it raised 5.5 million euros (US$6.2 million) in Series A funding from Fountain Healthcare Partners. Dublin-based Neuromod specializes in treatment of chronic tinnitus.

Infogain to buy Blue Star Infotech's IT group

Infogain Corp. said Tuesday that it is buying the IT operations of Blue Star Infotech Ltd. Financial terms weren’t announced. The combined entity will have revenue of over $150 million, close to 4,000 employees and eight delivery locations globally. Infogain is a portfolio company of ChrysCapital.

Hall joins One Inc.

One Inc., a portfolio company of H&Q Asia Pacific, said Tuesday that Steve Hall was named Executive Vice President - Chief Financial and Administrative Officer. Most recently Hall was President and CEO of Duck Creek Technologies.

Apitope raises $13.5 mln

Apitope said Tuesday it raised 12 million euros (US$13.5 million) in Series B financing led by new investor Wales Life Sciences Fund. Current investors Vesalius Biocapital, LRM, PMV and Wyvern also participated in the round. Cardiff, England-based Apitope is a drug discovery and development company.