Luisa Beltran

GTCR closes Capella Healthcare sale

GTCR said Tuesday it closed its previously announced sale of Capella Healthcare Inc. to Medical Properties Trust Inc. for $900 million cash. Franklin, Tennessee-based Capella owns and/or operates acute care and specialty hospital facilities in six states. Citi served as financial advisor to Capella/GTCR.

MidOcean invests in Image Skincare

MidOcean Partners said Tuesday that it has invested in Image Skincare. Financial terms weren’t announced. Palm Beach, Florida-based Image Skincare develops, markets and distributes skincare products. Goldman, Sachs & Co. advised Image Skincare.

One Equity to acquire August Columbia Capital

One Equity Partners is buying Augusta Columbia Capital. Financial terms weren’t announced. Chip Schorr, Augusta’s founder, is joining One Equity’s operating and investment committees once the deal closes. New York-based Augusta focuses on middle market technology investing. Schorr is a former Senior MD of the Blackstone Group where he focused on technology investing, Reuters News reported. Schorr and Dick Cashin, One Equity’s President, were also both partners at CVC Capital Partners.

Resilience Capital buys Porter's Group

Resilience Capital Partners said Tuesday that it has acquired Porter's Group Holdings LLC. Financial terms weren’t announced. Bessemer City, North Carolina-based Porter's Group provides metal fabrication solutions serving the security, military, mining, heavy equipment and trucking industries.

CeQur SA raises $100 mln

CeQur SA said Tuesday it raised a $100 million Series C financing round led by Woodford Investment Management LLP and Arthurian Life Sciences. Existing investors including Endeavour Vision, Schroder & Co. Banque SA, and VI Partners also participated in the round. Lucerne, Switzerland-based CeQur develops and commercializes simple-to-use insulin delivery devices. Peel Hunt LLP acted as financial adviser and placement agent to CeQur SA.

Macnica launches Macnica Ventures

Macnica Inc. said late Monday that it has launched a venture capital initiative Macnica Ventures. San Jose, California-based Macnica Ventures will make strategic, early to late stage investments in areas ranging from ICT markets to emerging technologies. Investments will be managed through its captive fund called Macnica Investment Partners.

Intellia Therapeutics raises $70 mln

Intellia Therapeutics said Tuesday it closed a $70 million Series B investment round led by OrbiMed HealthCare Fund Management. Additional investors included Fidelity Management and Research Company, Janus Capital Management, Foresite Capital, Sectoral Asset Management, EcoR1 Capital and other mutual fund and healthcare investors. Cambridge, Massachusetts-based Intellia is a gene-editing company.

Cairngorm Capital Fund I raises $76.7 mln

Cairngorm Capital has closed its maiden fund at 50 million pounds (US$76.7 million). Acanthus was the placement agent. London-based Cairngorm is the firm founded by former H.I.G. Capital executive Andrew Steel. The private equity firm will target companies in industrial and business-to-business markets in the UK lower mid-market.

Scott joins FiscalNote

FiscalNote said Tuesday that Justin Scott has joined its executive team as a senior vice president of revenue. Scott was previously VP of brand strategy at Tumblr. Before that, he was vice president and co-head of sales at Zillow. FiscalNote, which provides a legal analytics platform, is backed by Mark Cuban, Renren, NEA, Jerry Yang’s AME Cloud Ventures, First Round Capital’s Dorm Room Fund and Visionnaire Ventures.

Riverside Company invests in Arrowhead Electrical Products

The Riverside Company has invested in Arrowhead Electrical Products. Financial terms weren’t announced. Blaine, Minnesota-based Arrowhead supplies aftermarket replacement parts for a wide variety of motorized vehicles. Ares Capital Corporation and Varagon Capital Partners LP provided financing.