Joseph, a provider of commercial accounts receivable management solutions with a focus on the industry sector. Digital Colony has agreed to acquire Digita Oy, a Finnish TV and radio broadcasting icg alternative investment limited, from First State Investments. The deal is expected to close in the second quarter of this year.
China for global nutrition assets, Reuters reported. Singapore state investor Temasek Holding is considering buying stakes in aviation infrastructure and logistics businesses of debt-saddled Chinese group HNA, sources told Reuters. WILsquare Capital has acquired Quest Solutions, a solutions provider to insurance companies. Vector Capital said April 11 that it sold a minority stake in the firm to Dyal Capital Partners, a division of Neuberger Berman. Vector, of San Francisco, is technology focused PE firm.
First Reserve said April 10 that it acquired CHA Consulting Inc from Long Point Capital. CHA, of Albany, New York, is an engineering firm. Houlihan Lokey acted as financial advisor to CHA. GP Global, formerly Gulf Petrochem Group, said April 11 that it has closed its buy of a majority of MAG Lube LLC. MAG, of Dubai, makes and distributes lubricants across the Middle East. Pak, of Austin, designs and makes packaging for semiconductor, integrated circuits and electronic components. First Reserve has acquired Albany, New York-based CHA Consulting, an engineering firm, from Long Point Capital.
Houlihan Lokey was financial adviser to CHA on the deal. Company and Blue Wolf Capital Partners. No financial terms were disclosed for the transaction whose co-investors include W Capital Partners. 185 million into Island Star Malls Developers Pvt Ltd, an investment platform CPPIB co-owns with The Phoenix Mills Limited. As a result of this investment, CPPIB has expanded its stake in ISMDP to 49 percent with PML owning the remaining 51 percent. The capital infusion will be used by ISMDPL to make new acquisitions and developments. 6 million in Series B funding.
Serruya Private Equity Partners and Navy Capital Green Fund LP led the round. YFM Equity Partners has made an investment in Eikon Group Limited, a provider of digital post-production services for the movie and broadcast industry. In addition to the funding, Colin Granger, a partner at YFM, will join Eikon’s board of directors. Primus Capital has made an undisclosed investment in Top of Mind Networks LLC.
Vaquero Capital LLC was financial adviser to Top of Mind. Based in Atlanta, Top of Mind is a provider of customer relationship management and marketing automation software for the mortgage lender and real estate industries. EQT Partners said April 10 that it completed its majority investment in Spirit Communications. EQT said it plans to combine Spirit with portfolio company Lumos Networks Corp, to create a fiber network stretching from Pittsburgh to Atlanta. Clearlake Capital Group LP has acquired Wheel Pros Holdings LLC.
Wheel Pros, of Denver, designs, markets and distributes branded automotive aftermarket wheels, performance tires, and accessories. A, while CultureIQ’s investors include Pritzker Group Venture Capital, Lerer Hippeau Ventures and Founder Collective. HG has invested in the Access Group. TA Associates is retaining joint control of Access.
Access, of London, provides business management software to middle market businesses. The investor was Great Hill Partners. This new partnership will focus on acquiring clean energy assets. The deal is expected to close in the second quarter of 2018. 950 million in financing underwritten and arranged by Jefferies Finance LLC and Royal Bank of Canada.
FS Investments and KKR have formed a business development company platform. KKR Advisor LLC, the partnership will serve as investment adviser to six BDCs, which include FS Investment Corporation and Corporate Capital Trust Inc. 18 billion in combined assets under management. West Coast Capital led the round with participation from other investors that included Scottish Investment Bank. General Atlantic is in talks to buy a minority stake in closely held Brazilian online lending startup Geru Tecnologia e Serviços SA, Reuters reported.