Private Equity
EQT acquired a majority of Inexio. EQT is buying the shares held by Warburg Pincus, which owns 59.45 percent, and Deutsche Beteiligungs AG. Reuters valued the deal at around 1 billion euros ($1.1 bilion). Inexio is a German telecommunications company.
2 min read · 30 September 2019
Keensight Capital said Sept. 30 that it has acquired a majority of Geodesial. Financial terms weren’t announced. Keensight replaces CAPZA as majority shareholder. Geodesial develops and distributes of software solutions for infrastructure professionals.
4 min read · 30 September 2019
Francisco Partners said Sept. 30 that it is buying Orchard Software Corp. Financial terms weren’t announced. Orchard Software, of Carmel, Indiana, provides laboratory information systems software, PitchBook said.
3 min read · 30 September 2019
Logitech International has agreed to acquire San Francisco-based Streamlabs, a provider of software and tools for live streaming. The price of the transaction is about $89 million. Streamlabs' backers include Sequoia Capital.
2 min read · 27 September 2019
Varagon Capital Partners has provided a credit facility to back Sentinel Capital Partners' recapitalization of West Chester, Pennsylvania-based New Era Technology, which provides IT services like collaboration, data networking and security. No financial terms were disclosed.
2 min read · 27 September 2019
By Light Professional IT Services LLC, which is backed by Sagewind Capital, has agreed to acquire Orlando, Florida-based Cole Engineering Services Inc, a full spectrum training and analysis developer, integrator and services provider. No financial terms were disclosed. The deal is expected to close early in the fourth quarter of this year.
3 min read · 26 September 2019
Genstar Capital has acquired a majority stake in OEConnection LLC, a global automotive technology provider for OEM distribution networks. No financial terms were disclosed. Ford Motor Company and General Motors will each retain their minority investments in OEC.
2 min read · 26 September 2019
Affinity Equity Partners is in talks to sell its stake in TEG in a $1 billion-plus deal, the Financial Review said. Silver Lake is in discussions to buy Affinity’s holding in TEG, an Australian ticketing and live entertainment business, the story said.
1 min read · 26 September 2019
Phoenix Sports Partners has acquired Seattle-based Atavus, a football tackling analytics and certification platform. No financial terms were disclosed.
3 min read · 25 September 2019
Rubicon Technology Partners has agreed to make a majority investment in Cin7, a provider of cloud-based inventory management software and point-of-sale solutions. No financial terms were disclosed.
3 min read · 25 September 2019