Private Equity
General Electric Co said July 17 that agreed to sell 80 percent of its solar energy business to BlackRock Real Assets. GE will own 20 percent of Distributed Solar Development, which focuses on solar and storage solutions for the commercial industrial and public sectors. Financial terms weren’t announced.
4 min read · 18 July 2019
Fenix Parts, which is backed by Stellex Capital, has agreed to acquire the assets of Georgia-based Cox Truck and Van Inc, an operator of a full-service auto recycling facility. No financial terms were disclosed.
2 min read · 16 July 2019
Equistone has agreed to acquire Moody's Analytics' knowledge services business. No financial terms were disclosed. Centerview Partners and Slaughter and May advised Moody's on the deal.
2 min read · 16 July 2019
Keystone Partners, a portfolio company of Silver Oak Services Partners LLC, has acquired Kensington International's career transition and leadership development business operations. No financial terms were disclosed.
2 min read · 15 July 2019
WPP Plc agreed to sell 60 percent of Kantar to Bain Capital for $3.1 billion. Kantar is WPP’s global data, research, consulting and analytics business.
8 min read · 15 July 2019
Carousel Capital has recapitalized Armstrong Transport Group LLC, a provider of freight brokerage solutions. No financial terms were disclosed for the transaction that was done in partnership with Armstrong management. K&L Gates was legal adviser to Carousel Capital on the transaction.
3 min read · 12 July 2019
Gemspring Capital has acquired a majority stake in Chicago-based Rapid Displays, a provider of point-of-purchase displays and related services. No financial terms were disclosed.
3 min read · 12 July 2019
Veracity Research Company, a professional investigative service firm, has acquired Probe Information Services, a provider of surveillance, background, field investigations and SIU fraud abatement and compliance services. No financial terms were disclosed. VRC is portfolio company of Trinity Hunt Partners.
3 min read · 11 July 2019
Mountaingate Capital has made an investment in Bentonville, Arkansas-based RevUnit LLC, a digital strategy and product studio. No financial terms were disclosed.
3 min read · 11 July 2019
Industrial and Institutional Sales Group, a portfolio company of Osceola Capital, has acquired Atlanta-based Professional Foodservice Marketing Inc, a provider of outsourced sales and marketing services for foodservice disposables and janitorial manufacturers in the Southeast. No financial terms were disclosed.
2 min read · 10 July 2019
