Luisa Beltran

AZZ Buys Aquilex SRO for $250 Mln

AZZ Inc. has acquired Aquilex Specialty Repair & Overhaul, a unit of Aquilex Holding, for $250 million. The transaction closed April 1. Aquilex SRO is majority owned by Centerbridge Partners. Norcross, Ga.-based Aquilex SRO provides maintenance, repair, and overhaul services to the nuclear, fossil power, refining, chemical processing, pulp and paper, and waste-to-energy industries. Houlihan Lokey advised Aquilex SRO.

SD Retail Makes Lynch SVP of Merchanding and Strategy

SD Retail Consulting, a unit of Hilco Trading, said Thursday that Dick Lynch was named Senior Vice President of Merchandising and Strategy. Lynch previously served as The Sports Authority's president and COO, interim CEO of Sur La Table and CEO (post-bankruptcy) of Hechinger.

Guggenheim Advises on Hulu Sale, May Also Bid - Sources

Hulu has hired Guggenheim Partners to advise on a sale of the company, even as the financial services firm is considering making its own bid for the video streaming service, three sources with knowledge of the matter told Reuters.

Akram Joins DN Capital

Imran Akram has joined DN Capital as a principal. Previously, Imran was part of the founding team that started Fidelity Growth Partners Europe.

Bitbar Closes $3 Mln Funding Round

Bitbar said Wednesday that it closed a $3 million financing round led by Creathor Venture, DFJ Esprit, Finnvera Venture Capital and Qualcomm. Based in Helsinki, Finland and Silicon Valley, Bitbar is the creator behind a cloud-based Android testing platform.

Wow! Oaktree Earns Back 58% of Osmose Investment in Less than a Year

In just 11 months of ownership, Oaktree Capital Management has gotten two dividends from Osmose Holdings that have returned more than half of Oaktree's equity investment in the company, peHUB has learned.

Pritzer Group Names Five Senior Advisors

The Pritzker Group said Wednesday that five industry executives will serve as senior advisors to its companies. They include: Christopher Doerr, the co-CEO of Sterling Aviation Holdings; Stephen Fraser; John Pedersen, a former senior vice president of Boston Scientific; John Prann, a director of Corrections Corporation of America; and, Paul Reilly, a serial entrepreneur who founded and sold several businesses.

Verdesian Life Buys Plant Syence

Verdesian Life Sciences, which is backed by Paine & Partners, has acquired all of the assets of Plant Syence Ltd and its affiliates. Financial terms weren't announced. Plant Syence, of the U.K., supplies plant nutritional solutions to the agriculture and horticulture markets.

PE-Backed PLH Group Buys Pipeworx

PLH Group Inc., which is backed by U.S. private equity firm Energy Capital Partners, has acquired Pipeworx Ltd. and its subsidiaries. Financial terms of the transaction were not announced. The Acheson, Alberta-based Pipeworx, founded in 2004, delivers infrastructure services to the oil and gas industry across the Western Canadian Sedimentary Basin.

Monroe Provides $23.5 Mln Loan for Footprint Retail

Monroe Credit Advisors has closed a $23.5 million senior secured credit facility for Footprint Retail Services, which is backed by Chicago Growth Partners. Footprint used the loan to refinance existing debt and for general working capital.