Luisa Beltran

Norwest Equity invests in Arteriors

Norwest Equity Partners invested in Arteriors. Financial terms weren’t announced. Arteriors designs and supplies decorative lighting fixtures, furniture and accessories.

VC-backed Kantox hires FT Partners for capital raise

Eldordo Resorts, Caesars Entertainment to merge: Reuters

Eldorado Resorts Inc has agreed to merge with Caesars Entertainment Corp in a deal valued at $18 billion including debt, Reuters reported. The deal values Caesars at $13 billion, the story said.

Equistone Partners to buy Vulcain Ingénierie

Equistone Partners Europe said June 24 that it is buying Vulcain Ingénierie. NiXEN Partners, Initiative & Finance are the sellers. Financial terms weren’t announced. Vulcain Ingénierie is a French engineering consultancy group serving the energy and pharmaceuticals sectors.

Congruex buys Terra Technologies

Congruex said June 24 that it acquired Terra Technologies LLC. Financial terms weren’t announced. Terra, of McHenry, Illinois, is a specialized civil engineering and construction firm. Congruex is backed by Crestview Partners.

Main Capital invests in Onventis

Main Capital said June 24 that it acquired a stake in Onventis. Financial terms weren’t announced. Onventis provides a cloud platform for e-procurement.

Hamilton Lane Co-Investment Fund IV raises $1.7 bln

Hamilton Lane said June 24 that its latest co-investment fund closed on about $1.7 billion. Hamilton Lane Co-Investment Fund IV will provide direct equity capital into buyout and growth transactions alongside GPs.

Align Capital buys majority of E Source

Align Capital Partners said June 24 that it acquired a majority of E Source. Financial terms weren’t announced. E Source, of Boulder, Colorado, provides market intelligence services for utility employees and senior leaders across North America.

Vanguard is considering offering PE products: Wall Street Journal

Vanguard is considering private equity offerings and has held meetings with several PE shops, the Wall Street Journal reported. Vanguard hasn’t decided whether to offer access to PE products, which could carry higher fees, the story said.

PayU buys iyzico for $165 mln

PayU has acquired iyzico for $165 million in consideration. iyzico, of Istanbul, Turkey, provides payments to more than 300 marketplace merchants. PayU is the fintech and electronics payment arm of Naspers. FT Partners advised iyzico.