AppDynamics secures $120 mln growth funds

AppDynamics has secured $120 million in growth financing led by new investors Battery Ventures, ClearBridge Investments and Sands Capital. Existing investors Greylock Partners, Lightspeed Venture Partners, Kleiner Perkins Caufield & Byers and Institutional Venture Partners also participated in the round. The $120 million includes $50 million in debt financing provided by Silicon Valley Bank. AppDynamics is an application intelligence provider.

Behrman Capital seals $410 mln ILC refinancing deal

Behrman Capital has completed a $410 million refinancing for its portfolio company ILC Industries. The new credit facility is comprised of a $300 million first lien term loan, a $30 million revolving credit facility, and an $80 million second lien term loan.


Pamlico backs DayNine Consulting

Pamlico has backed DayNine Consulting. DayNine is a global Workday services partner. The business deploys and optimizes Workday Human Capital Management, Workday Payroll, Workday Financial Management, and Workday Recruiting for businesses of all sizes.

Baring Asia acquires Cath Kidston stake from TA

Baring Private Equity Asia has acquired a stake in UK-based global lifestyle brand company, Cath Kidston, from its existing majority shareholder TA Associates and members of the company’s management team. Baring Asia will have equal ownership with TA.

Nordic Capital agrees to buy majority stake in Lindorff

Nordic Capital has agreed to acquire a majority stake in Lindorff from Investor and Altor for 2.3 billion in euros. As a result of the transaction. Altor and Investor will retain a minority holding in Lindorff. Based in Oslo, Norway, Lindorff is a credit management service provider.


Riverside Partners backs Loftware

Labeling solutions provider Loftware said Monday that it has received an undisclosed investment from Riverside Partners. Signal Hill was the financial advisor on the transaction.


Formation Capital and Safanad seal nursing portfolio deal

Formation Capital and Safanad Limited have acquired fourteen nursing facilities in the mid-Atlantic region for approximately $150 million. The portfolio is comprised of 1,658 beds with eleven facilities in Virginia, two in Maryland and one in Pennsylvania, and is operated by Consulate Health Care, a provider of skilled nursing care.


Silverfleet Capital acquires AGR

Silverfleet Capital is to acquire AGR Holdings, the petroleum services division of Oslo-listed AGR Group ASA. Completion will be around end of August.

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