Private Equity
Quest Global said June 20 that it acquired Dakota Moon Enterprises LLC. Financial terms weren’t announced. Dakota Moon, of Henderson, Nevada, provides engineering and supply chain services to the aerospace industry. Quest Global is backed by investors including Bain Capital, GIC and Advent International.
3 min read · 20 June 2019
Xirgo, which is backed by HKW, has acquired UAB Baltic Car Equipment, a Lithuanian provider of fleet management solutions. No financial terms were disclosed.
2 min read · 19 June 2019
Halifax Group said June 18 that it invested in StrataTech Education Group. Financial terms weren’t announced. StrataTech, of Phoenix, provides facility-based post-secondary education.
3 min read · 18 June 2019
Elevate has secured a $25 million investment from Kayne Partners. Elevate provides consulting, technology and services to law departments and law firms.
3 min read · 17 June 2019
Bobit Business Media, a portfolio company of Gemspring Capital, has acquired Warranty Chain Management Conference, an annual forum for warranty professionals and executives. No financial terms were disclosed.
2 min read · 17 June 2019
Media 10 has sold Asia’s design sector events Design Shanghai and Design China Beijing to Clarion Events, a portfolio company of Blackstone. No financial terms were disclosed. JEGI/CLARITY advised Media 10 on the deal.
4 min read · 14 June 2019
Xpressdocs Partners, which is backed by Falcata Capital, has acquired Arizona-based Amazingmail, a provider of direct mail solutions. No financial terms were disclosed.
3 min read · 12 June 2019
Bain Capital Private Equity has closed its previously announced acquisition of New Jersey-based Imperial Dade, a distributor of disposable food service and janitorial supplies in the U.S., Puerto Rico and the Caribbean. No financial terms were disclosed. Audax Private Equity will retain a stake in Imperial Dade.
3 min read · 12 June 2019
KKR pitched a 40 percent premium to buy out Axel Springer’s minority investors, Reuters reported. The proposal values the company at 6.8 billion euros ($7.7 billion) and would guarantee Axel Springer’s 76-year-old widow Friede a say over strategy even if KKR secures a majority stake, the story said.
1 min read · 12 June 2019
Teneo Holdings LLC has agreed to sell a slight majority stake in the company to CVC Capital Partners, according to the Wall Street Journal. BC Partners is selling some of its stake but will continue to own nearly 50 percent, the story said. Teneo is a communications and advisory firm.
1 min read · 10 June 2019
