Luisa Beltran

Novaria buys Sky Manufacturing

Novaria Group said Tuesday that it bought nearly all the assets of Sky Manufacturing. The seller was MacLean-Fogg Component Solutions. Commerce California-based Sky Manufacturing makes aircraft structural fasteners. Novaria is backed by Rosewood Private Investments and Tailwind Advisors.

Permira inks buy of Medora, Ideal Snacks

Permira said Wednesday that it agreed to buy Medora Snacks LLC and Ideal Snacks Holding Corp. Financial terms weren’t announced. Permira is combining the two companies under a single holding company, BFY Holdings I LLC. Middletown, New York-based Medora makes snacks like PopCorners, PopCorners Whole Grain and Pop Crinkles. Ideal, of Liberty, New York, is a contract manufacturer of popped snacks. Akin Bay Company LLC advsied Permira, while Houlihan Lokey was the advisor to Medora and Ideal.

The Riverside Company invests in Area Wide Protective

The Riverside Company said Wednesday it invested in Area Wide Protective. Financial terms weren’t announced. Kent, Ohio-Area Wide provides temporary management solutions to customers including utilities, utility contractors, and telecommunications companies. GE Antares Capital, Madison Capital, NewStar Financial, and MidCap Financial provided senior debt financing and Audax Mezzanine provided mezzanine debt.

THL to make 2.2x its investment with Fogo de Chao IPO

Thomas H. Lee Partners LP stands to more than double its money once Fogo de Chao Inc goes public.

Actis opens office in Mexico City

Actis said Tuesday it has opened an office in Mexico City. Actis focuses on emerging markets with investments in Asia, Africa and Latin America. Other Actis offices are located in Sao Paulo, Cairo, Beijing, Mumbai, Johannesburg, London, Nairobi, Delhi, New York, Lagos and Singapore

NeoChord raises $20 mln

NeoChord said Tuesday that it has closed an oversubscribed $20 million Series C financing round led by Deerfield Management. Baird Capital’s Venture Capital group participated as well as existing investors Hopen Life Science Ventures, CHV Capital, TGAP Ventures, and Heron Capital. Minnesota-based NeoChord is a medical technology company.

Carlyle, CVC invest in Neptune Oil & Gas

The Carlyle Group and CVC Capital Partners said Tuesday they have agreed to fund Neptune Oil & Gas Ltd. Financial terms weren't announced. London-based Neptune will be investing in large oil & gas portfolios. Sam Laidlaw, an industry veteran, will lead Neptune and is its Executive Chairman.

PropertyGuru raises $129.5 mln from investors including TPG

PropertyGuru Group said late Monday that it received a S$175 million (US$129.5 mln) investment from a consortium of three investors. These include TPG, Emtek Group and Square Peg Capital. Singapore-based PropertyGuru is an online property portal group.

Adents raises another $9.6 mln

Adents said Monday it secured 8.5 million euros (US$9.6 million) in additional funding led by existing shareholders NAXICAP Partners and CapHorn Invest. Adents’ historical shareholders, Omnes Capital and members of the management team also took part. Adents, of Paris, provides product unit identification and traceability software.

GE to sell private equity lending unit to CPPIB in $12 bln deal

GE said Tuesday that it has agreed to sell its U.S. Sponsor Finance business plus a $3 billion loan portfolio to Canada Pension Plan Investment Board (CPPIB). The transaction is valued at $12 billion. The deal includes Antares Capital, GE Capital’s lending business to private equity-backed middle market companies. Antares will operate as a stand-alone business led by managing partners David Brackett and John Martin. J.P. Morgan Securities LLC and Citigroup Global Markets Inc. provided financial advice.