Private Equity
Plano, Texas-based Aligned Energy, a data center provider for cloud, enterprise and managed service providers, has secured a US$495 million credit facility. The investors included Goldman Sachs Bank USA, CPPIB Credit Investments Inc, a subsidiary of the Canada Pension Plan Investment Board, and an unidentified investment management corporation. Dechert LLP served as legal counsel to Goldman Sachs USA; Arnold & Porter represented CPPIB Credit on the financial transaction while Cooley LLP represented Aligned Energy. The capital will be used for growth and expansion.
3 min read · 22 October 2019
Periscope Equity has made an investment in Centennial, Colorado-based Mobile Solutions, a provider of managed mobility services. No financial terms were disclosed. D.A. Davidson was financial adviser to Mobile Solutions on the transaction.
4 min read · 22 October 2019
Platinum Equity has agreed to acquire Cision Ltd for $10 per share or about $2.74 billion in cash. Rothschild & Co is serving as lead financial adviser to Cision with Centerview Partners LLC and Deutsche Bank Securities Inc also providing financial advice. The deal is expected to close in the first quarter of next year. Cision is a provider of software and services to PR and marketing communications professionals.
4 min read · 22 October 2019
Bow River has recapitalized Henderson, Nevada-based CHSI Technologies, a cloud-based insurance platform provider. No financial terms were disclosed.
2 min read · 22 October 2019
Mailgun, which is backed by Thoma Bravo, has acquired Paris-based Mailjet, a provider of email solutions. No financial terms were disclosed.
4 min read · 22 October 2019
Arlington Capital Partners said Oct. 22 that it agreed to buy a majority of AEgis Technologies. Financial terms weren’t announced. AEgis Technologies, of Huntsville, Alabama, provides advanced engineering and technology expertise to customers in the National Security community.
3 min read · 22 October 2019
Microsoft has acquired Mover, an Edmonton, Alberta-based provider of cloud file migration, according to a Microsoft announcement. No financial terms were disclosed. Mover was backed by Yaletown Partners.
1 min read · 21 October 2019
AMP Capital has agreed to acquire Expedient from Landmark Media Enterprises. No financial terms were disclosed. Expedient is a computing and data center infrastructure as a service provider.
3 min read · 21 October 2019
A consortium led by Astorg and Nordic Capital has acquired eResearchTechnology Inc, a data and technology company. Other investors in this group were Novo Holdings A/S and the ERT management team. No financial terms were disclosed. Jefferies was financial adviser to ERT on the deal.
5 min read · 21 October 2019
MediaLab has agreed to acquire Kik Messenger, the app of Waterloo-based Kik Interactive, according to an announcement made by MediaLab. No financial terms were disclosed. Kik's backers include Foundation Capital, Millennium Technology Value Partners, RRE Ventures, Spark Capital, SV Angel, Tencent, Union Square Ventures and Valiant Capital Partners.
1 min read · 21 October 2019
