Private Equity
Engage2Excel Group of Companies, a portfolio company of Comvest Partners, has acquired Montreal-based Rideau Inc, a provider of employee recognition solutions. No financial terms were disclosed. Headquartered in Statesville, North Carolina, E2E Group is a provider of employee recognition and engagement, sales incentives, talent acquisition and consumer loyalty solutions and services.
3 min read · 30 April 2019
Openforce, a portfolio company of Riverside Partners, has acquired Flexible Workforce LLC, a vendor management platform for the courier, last mile and logistics segments. No financial terms were disclosed.
2 min read · 30 April 2019
West Monroe Partners has acquired Waterstone Management Group, an adviser for private equity firms and Fortune 500 companies. No financial terms were disclosed.
3 min read · 29 April 2019
Eberhart Capital has acquired Sioux Falls, South Dakota-based TBI, a provider of truckload refrigerated and dry van shipment services. No financial terms were disclosed. Generational Equity advised TBI on the deal.
2 min read · 29 April 2019
The auction of WPP Plc’s data and market research unit Kantar has drawn bidders including Bain Capital and Apollo Global Management, Bloomberg is reporting. CVC Capital Partners and Apax Partners have dropped out of the auction for Kantar, which could sell for as much as 3.5 billion pounds ($4.5 billion), the story said.
1 min read · 29 April 2019
Centerbridge Partners is weighing strategic options, including a sale, for Great Wolf Resorts Inc, Bloomberg reported. Great Wolf, a water park operator, could fetch more than $3 billion in a sale, the story said.
1 min read · 25 April 2019
Sherpa Capital said April 24 that acquired a majority stake in Luxiona. Financial terms weren’t announced. Aurica and Caixabank are the sellers as well as Luxiona’s founding family, which will retain a stake. Luxiona, of Madrid, is a Spanish lighting solutions company with factories in Spain, Poland, Mexico, China and Peru.
3 min read · 24 April 2019
Jensen Hughes, which is backed by Gryphon Investors, has acquired Chicago-based Hillard Heintze, a security risk management firm. No financial terms were disclosed. Livingstone provided financial advice to Hillard Heintze on the deal while XMS Capital Partners advised Gryphon Investors and Jensen Hughes
4 min read · 22 April 2019
Trendline Interactive, an email consulting and professional services firm, has acquired Inbox Marketer, a Canadian email agency. No financial terms were disclosed. Trendline Interactive is backed by Growth Catalyst Partners.
4 min read · 22 April 2019
Cinven has agreed to sell its remaining stake in Visma to Hg and Canada Pension Plan Investment Board. No financial terms were disclosed. Visma is a provider of business software to small and medium-sized companies, retailers and local authorities across the Nordic, Benelux and Baltic regions.
3 min read · 18 April 2019