Private Equity
InterVision, which is backed by Huron Capital, has acquired Boston-based Fotis Networks, an IT professional services and consulting firm. No financial terms were disclosed.
3 min read · 03 October 2019
Lynx FBO Network, a portfolio company of The Sterling Group, has acquired the FTC FBO at the Morristown Airport in Morristown, New Jersey. No financial terms were disclosed.
2 min read · 02 October 2019
Permira has made an investment in Axiom, a legal talent provider. No financial terms were disclosed.
2 min read · 01 October 2019
Charlesbank has made an undisclosed investment in Park Place Technologies, according to an announcement by the former. Park Place is a global third-party maintenance provider.
1 min read · 01 October 2019
LRW Group, a portfolio company of Tailwind Capital, has acquired Philadelphia-based Karma Agency, a strategic communications firm that specializes in brand management, marketing and public relations. No financial terms were disclosed.
4 min read · 01 October 2019
First Trust Capital Partners LLC has made an investment in PeopleStrategy Inc, a provider of cloud-based human capital management solutions. No financial terms were disclosed.
2 min read · 01 October 2019
Trinity, which is backed by Parthenon Capital Partners, has acquired Bell Canyon Consulting, which works with life sciences clients. No financial terms were disclosed.
3 min read · 01 October 2019
ADT Inc said Oct 1 that it agreed to sell ADT Security Services Canada Inc to Telus Corp for about C$700 million ($527 million). The deal includes ADT Canada’s operations and assets. ADT said it also approved a one-time special dividend of up to $550 million and plans to set the dividend at 70 cents per share. ADT is the security company backed by Apollo Global Management.
4 min read · 01 October 2019
AEG Facilities LLC said Oct. 1 that it closed its merger with SMG to create ASM Global. The transaction creates the world’s biggest facility management company. SMG is an Onex portfolio company, while AEG is the venue management affiliate of Anschutz Entertainment Group. Each firm will get 50 percent of the standalone company, according to Billboard. The deal was announced in February.
3 min read · 01 October 2019
Leeds Equity Partners LLC said Sept. 30 that it invested in VitalSmarts LC. TwentyEighty Inc is the seller. Financial terms weren’t announced. VitalSmarts provides communication, execution and leadership development training.
3 min read · 01 October 2019
