Luisa Beltran

Nanigans raises $24 mln Series B

Nanigans Inc. said Wednesday that it has closed a $24 million Series B financing led by Cheetah Mobile. Avalon Ventures and Wellington Management Company LLP also invested. Boston-based Nanigans provides social and mobile advertising software.

Bain Capital Ventures leads $20 mln round for InAuth

InAuth said Wednesday it raised $20 million in Series A funding led by Bain Capital Ventures. Los Angeles-based InAuth provides mobile fraud prevention and mobile application security.

Wheelhouse expands into private equity

Wheelhouse LLC said Tuesday that it is expanding into private equity investing. The executive management firm has formed Wheelhouse Capital Partners, which is backed by Global Endowment Management. Wheelhouse Capital will seek to invest in lower middle market business in healthcare and industrial services.

Chalian joins First Avenue Partners

First Avenue Partners said Tuesday that Patricia Chalian has joined the firm’s New York office. Chalian will be a Principal and responsible for project management in North America. Previously, she was a Senior MD at Forbes Private Capital Group.

Lookingglass Cyber raises $20 mln

Lookingglass Cyber Solutions said Tuesday that it raised $20 million in a Series B round led by Neuberger Berman Private Equity Funds. Alsop Louie Partners also participated. Arlington, Virginia-based Lookingglass provides threat intelligence solutions. ARC Securities advised Lookingglass.

Penfund provides $37 mln loan to PSA Healthcare

Penfund said Tuesday that provided a $37 million loan to Pediatric Services Holding Corp., the parent of PSA Healthcare. J.H. Whitney Capital Partners recently acquired PSA. Atlanta-based PSA provides home nursing services to medically fragile children.

Levine Leichtman debut European fund raises $109.5 mln

Levine Leichtman Capital Partners said late Tuesday that closed its by of CJ Fallon Ltd. Dublin-based CJ Fallon provides education content in both print and digital formats to primary and secondary schools. At the same time, Levine Leichtman said the deal represents the firm’s first investment from Levine Leichtman Capital Partners Europe LP. The pool closed at 100 million Euros (US$109.5 mln) and will invest in Europe.

PE sponsors on track to make 2.06x their investment with GoDaddy IPO

After four years, the private equity firms that acquired GoDaddy Inc stand to double their money when the Web hosting company goes public.

KKR and Silver Lake look to double money after GoDaddy IPO

After four years, the private equity firms that acquired GoDaddy Inc stand to double their money when the Web hosting company goes public.

Baird Capital buys Clearwater Group

Baird Capital said Tuesday that its U.K. private equity group has acquired a majority stake in Clearwater Group. Financial terms weren’t announced. Clearwater, of Camberley, Surrey, provides water treatment, hygiene, engineering and pump services to customers across the U.K.