Private Equity
Roper Technologies is buying Foundry, an HG portfolio company, for 410 million pounds ($544.5 million). Foundry provides high‑end visual effects and 3D design software for media & entertainment, visualisation and design-oriented industries. Arma Partners advised Foundry.
2 min read · 19 March 2019
Continental Services, a portfolio company of New Heritage Capital, said March 18 that it acquired Sterling Services. Financial terms weren’t announced. Sterling Services, of Canton, Michigan, provides corporate food services including dining, micro markets, vending and office coffee.
2 min read · 18 March 2019
Gryphon Technologies Inc, a portfolio companies of AE Industrial Partners, is buying Schafer Intermediate Holding LLC. Financial terms weren’t announced. Belcan LLC, also a portfolio company of AE Industrial, is the seller. Schafer provides scientific, advanced engineering, and technical advisory services specializing in protecting against national security threats.
3 min read · 18 March 2019
Norwest Equity Partners said March 18 that it completed the sale of Actagro to Nutrien. The deal was announced in February. Actagro develops, makes and markets environmentally sustainable soil and plant health products and technologies.
3 min read · 18 March 2019
The Stagwell Group has agreed to invest $100 million in MDC Partners, a marketing and communications network. As a result of this transaction, Mark Penn, founder of Stagwell, will become CEO of MDC and a member of its board of directors. Penn's background includes senior executive positions at Microsoft as well as serving as a a senior adviser to global corporate and political leaders including Bill Gates, former U.K. Prime Minister Tony Blair, former U.S. President Bill Clinton and and former Secretary of State Hillary Rodham Clinton.
4 min read · 15 March 2019
Harkness Capital Partners has made an investment in Kane Is Able Inc, a third-party logistics provider. No financial terms were disclosed.
3 min read · 14 March 2019
Kayne Partners, the growth equity group of Kayne Anderson Capital Advisors LP, has committed $15 million to Ideas United. With offices in California and Atlanta, Ideas United is a creative agency.
4 min read · 14 March 2019
Livingbridge has made an investment in London-based Brainlabs, a marketing agency. No financial terms were disclosed. JEGI | CLARITY represented and advised the shareholders of Brainlabs on the transaction.
1 min read · 13 March 2019
Columbus, Ohio-based Velosio, a provider of business management solutions for companies, has secured an undisclosed amount of funding. The investor was Harren Equity Partners.
3 min read · 12 March 2019
SE Capital Partners and Berggruen Holdings have acquired Brooklyn Center, Minnesota-based TLC Companies, a transportation specific professional employer organization. No financial terms were disclosed.
3 min read · 11 March 2019
