Private Equity
Xact Data Discovery, a portfolio company of JLL Partners, said July 2 that it acquired QDiscovery. Financial terms weren’t announced. QDiscovery, of New London, Connecticut, provides eDiscovery, forensics, managed review and consulting services to law firms and corporations.
2 min read · 02 July 2019
ALM, which is backed by EagleTree Capital, has acquired Australia's General Counsel Summit from Connect Media. No financial terms were disclosed. Based in Sydney, Australia, the General Counsel Summit is an event for in-house general counsel that provides education and networking to help GCs improve their in-house operations.
3 min read · 01 July 2019
A&R Logistics, a portfolio company of Wind Point Partners, has acquired St. Clair, Michigan-based Blue Water Plastic Transport LLC, a provider of specialty bulk transportation and logistics services to the plastics industry. No financial terms were disclosed. Antares Capital, Bain Capital, First Eagle Investment Management and Varagon Capital led the debt financing for the transaction while Faegre Baker Daniels LLP provided legal counsel to A&R.
3 min read · 01 July 2019
Aurelius Equity Opportunities SE & Co KGaA said June 28 that it agreed to sell Solidus Solutions to Centerbridge Partners LP for an enterprise value of about 330 million euros ($375.6 million). Solidus is a European producer of sustainable fibre-based packaging solutions for food, beverage & horticulture, consumer goods and industrial applications. Aurelius said it made 16x its money with the deal.
6 min read · 28 June 2019
Equistone Partners Europe said June 28 that it entered into exclusive negotiations to buy Sateco from Naxicap Partners. Financial terms weren’t announced. Sateco makes and distributes metal formwork equipment for concrete forming and safety platforms on construction sites.
3 min read · 28 June 2019
Illuminate Education, which is backed by Insight Partners, said June 25 that it acquired FastBridge Learning. Financial terms weren’t announced. FastBridge is a research-driven assessment platform that helps teachers measure and monitor student progress. Morgan Elwyn and Sarah Wong of Willkie Farr & Gallagher LLP represented Illuminate Education.
4 min read · 28 June 2019
Norwest Equity Partners invested in Arteriors. Financial terms weren’t announced. Arteriors designs and supplies decorative lighting fixtures, furniture and accessories.
3 min read · 25 June 2019
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.
2 min read · 24 June 2019
Hudson Hill Capital has acquired majority stakes in Global Transport Logistics Inc and Am Trans Expedite Inc to form Fusion Transport LLC, a logistics holding company. No financial terms were disclosed. Capstone Headwaters served as financial adviser to GTLi and Am Trans on the transaction.
5 min read · 20 June 2019
KKR is near a deal to sell a portion of its 40 percent stake in Weststar Aviation Services Sdn to the company’s controlling shareholder, Bloomberg is reporting. Westar, a provider of helicopters for the offshore energy industry, could be valued at about $2 billion, the story said.
1 min read · 20 June 2019