All States Ag Parts LLC, a portfolio company of Kinderhook Industries LLC, said June 18 that it acquired Kern County Tractor Parts Inc. Financial terms weren’t announced. Kern, of McFarland, California, provides used, new aftermarket and remanufactured parts for the agricultural industry.
3 min read · 18 June 2019
MoneyGram International Inc said June 17 that Ripple has invested $30 million in the company. The deal called for Ripple to buy common stock from MoneyGram at $4.10 per share. Ripple may also buy common stock or warrants up to $20 million at a minimum price of $4.10 per share. MoneyGram is a money transfer company.
6 min read · 18 June 2019
Imcyse said June 18 that it raised 35 million euros ($31.6 million) in a Series B round led by LSP together with Belgian investors including Epimède, the Société Régionale d'Investissement de Wallonie, and the Société Fédérale de Participations et d'Investissement. Existing shareholders (Biogenosis, Noshaq, KU Leuven) also participated in the round. Imcyse, of Liege, Belgium, develops active specific immunotherapies for the treatment and prevention of severe chronic diseases.
6 min read · 18 June 2019
Morgan Stanley Capital Partners has acquired Ovation Fertility in a recap. WindRose Health Investors LLC is the seller. Ovation Fertility provides fertility laboratory services, including in-vitro fertilization laboratory services (“IVF”), genetic testing, egg & embryo storage and other services for the fertility industry.
3 min read · 17 June 2019
Jeff Jacobson has joined Siris as an executive partner. Jacobson most recently served as CEO of Xerox.
3 min read · 17 June 2019
H2 Equity Partners, Sherpa Capital and Auctus Capital Partners have founded Optimum Alliance, a network of middle market investors in Europe. Under the alliance, the firms will share best-practices, investment experiences, cooperate on deal situations, and, when appropriate, allow co-investment.
2 min read · 17 June 2019
Liberty Hall Capital Partners said June 17 that it agreed to sell AIM Aerospace to Sekisui Chemical Group for $510 million cash. AIM Aerospace, of Renton, Washington, designs and produces composite structures, systems, engine components and thermoplastic technology for the global aerospace industry.
4 min read · 17 June 2019
C&J Energy Services is merging with Keane Group Inc in a deal that will create a diversified oilfield services provider valued at about $1.8 billion. Upon closing of the deal, Keane and C&J will each own 50 percent of the combined company. Keane Group is backed by Cerberus Capital Management.
10 min read · 17 June 2019
C&J Energy Services is merging with Keane Group Inc in a deal that will create a diversified oilfield services provider valued at about $1.8 billion. Upon closing of the deal, Keane and C&J will each own 50 percent of the combined company. Keane Group is backed by Cerberus Capital Management.
10 min read · 17 June 2019
Crestbridge said June 17 that it opened a sixth office in New York. Crestbridge provides fiduciary, administration, accounting and professional services to clients including fund managers, investment managers and ultra-high net worth families.
2 min read · 17 June 2019