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Hearthside Food Solutions, a company backed by Wind Point Partners, is selling its Golden Temple business, which makes cereals and granola. The buyer is publicly traded Post Holdings Inc. Terms were not released. Hearthside is based in Downers Grove, Illinois.
Lux Capital has named Bilal Zuberi as a partner in its Palo Alto, Calif., offices. Bilal joins from General Catalyst Partners, where he was a Principal in the firm’s Boston office.
Darby Private Equity, the private equity arm of Franklin Templeton Investments, has put $15 million into Alta Rail Technology, a supplier of technology products and services to railroads. The firm invested out of Darby Latin American Mezzanine Fund II, L.P. Other terms of the deal were not disclosed.
Zalicus Inc., a publicly traded biopharmaceutical company, announced that it has entered into a stock purchase agreement with Lincoln Park Capital Fund. Under the terms of the deal, Zalicus has the right to sell up to $25 million in shares of its common stock to Lincoln Park.
Fifth Street Finance Corp. is acquiring Healthcare Finance Group, the firm announced Wednesday. HFG is a specialty lender providing asset-based lending and term loan products to the healthcare industry.
Silver Oak Services Partners closed its latest fund, Silver Oak Services Partners II, L.P., with $206 million. Forum Capital Partners served as placement agent and fundraising advisor to the firm. Silver Oak focuses on control investments in target sectors of the business services, consumer services, and healthcare services industries in the United States.
e.Bricks Digital, a Brazilian digital media and technology investment firm, has launched a $100 million fund for strategic investments in mobile, e-commerce and digital media early-growth stage companies. The fund will invest in Brazilian companies and U.S. companies aiming to reach Latin American markets, the firm said.
Darby Private Equity, the private equity arm of Franklin Templeton Investments, announced that its Darby Converging Europe Mezzanine Fund will exit its holdings in Sirma, a Turkish bottled water and beverage manufacturer. The firm is selling a majority interest in Sirma to Danone. Darby made a mezzanine investment in Sirma in 2010, and a follow-on equity and mezzanine investment in 2011. Terms of the deal were not released.
Darby Private Equity, the private equity arm of Franklin Templeton Investments, announced that its Darby Converging Europe Mezzanine Fund will exit its holdings in Sirma, a Turkish bottled water and beverage manufacturer. The firm is selling a majority interest in Sirma to Danone. Darby made a mezzanine investment in Sirma in 2010, and a follow-on equity and mezzanine investment in 2011. Terms of the deal were not released.
Green Courte Partners, a private equity real estate investment firm, has promoted Braden Rudolph to vice president, asset management. Rudolph joined Green Courte as a Senior Associate in June 2011.