Private Equity
Kronos Incorporated, a portfolio company of Hellman & Friedman and The Blackstone Group, has acquired Nashville-based Optimum Solutions Inc, a provider of human capital management services and solutions. No financial terms were disclosed.
2 min read · 04 October 2019
Santa Monica, California-based Bird, a micromobility company, has secured US$50 million in funding. The investor was Caisse de dépôt et placement du Québec. One of Canada's top institutional fund managers, CDPQ has held C$326.7 billion in net assets, as of June 30, 2019.
2 min read · 04 October 2019
Atlanta-based Capstone Logistics LLC has agreed to acquire Seattle-based MileZero, a software company providing logistics tools to the last-mile delivery industry. No financial terms were disclosed. Capstone is backed by The Jordan Company LP.
2 min read · 04 October 2019
Cinven has agreed to acquire Tennessee-based National Seating & Mobility from Court Square Capital Partners. No financial terms were disclosed. NSM is a provider of complex rehabilitation, mobility and accessibility solutions in the U.S. and Canada. Founded in 1992, NSM has been owned by Court Square since 2016.
2 min read · 04 October 2019
4 min read · 04 October 2019
Silver Lake has agreed to acquire TEG, an Australian live entertainment and ticketing company. The sellers included Affinity Equity Partners. No financial terms were disclosed. Goldman Sachs and King & Wood Mallesons advised TEG on the deal while Latham & Watkins and Corrs Chambers Westgarth advised Silver Lake.
3 min read · 03 October 2019
CVC Capital Partners has agreed to acquire a minority stake in IronSource for over $400 million. Jefferies served as primary financial adviser to CVC on the deal. With offices in Tel Aviv, San Francisco, Beijing, London, New York, Bangalore, Seoul and Tokyo, IronSource is a mobile marketing company.
4 min read · 03 October 2019
Ntiva, which is backed by Southfield Capital, has acquired Chicago-based 3Points, a managed IT services provider. No financial terms were disclosed. Crestline Investors provided debt financing on the transaction while Finn, Dixon & Herling provided legal counsel to Ntiva and Southfield Capital.
3 min read · 03 October 2019
Quad Partners has agreed to make an investment in Nashville-based The Gardner School, a network of academically-focused preschools. No financial terms were disclosed.
3 min read · 03 October 2019
Toronto-based AudienceView, a provider of e-commerce software for events and entertainment organizations, has acquired New York-based UniversityTickets, a ticketing and event management solution for higher education campuses and college athletics. No financial terms were disclosed. AudienceView is backed by Rubicon Technology Partners, a U.S. enterprise private equity firm.
3 min read · 02 October 2019
