PE-backed Omnitracs agrees to buy XRS Corp

Omnitracs, a portfolio company of Vista Equity Partners, said Monday that it has agreed to acquire XRS Corp for $178 million in equity or $5.60 per share. The deal is expected to close in the fourth quarter of this year. Jefferies served as financial advisor to Omnitracs while William Blair was financial advisor to XRS Corp. Royal Bank of Canada, Credit Suisse and Guggenheim are providing financing for the deal. Based in Eden Prairie, Minnesota, XRS is a provider of mobile fleet optimization software.

PCDHC buys VitalSmarts

Providence Equity Partners’ affiliate Providence Corporate Development Holding Company has acquired VitalSmarts. No financial terms were disclosed. Deloitte Corporate Finance served as financial advisor to VitalSmarts on the transaction. Based in Provo, Utah, VitalSmarts is a provider of corporate training and leadership development solutions.

PE-owned Tech Air buys US Oxygen and Specialty Air Technologies

Tech Air, which is owned by CI Capital Partners, has acquired US Oxygen and Specialty Air Technologies. No financial terms were disclosed. Based in Arlington, Texas, US Oxygen is a producer of industrial, specialty and medical gases in the Dallas-Fort Worth area. Specialty Air Technologies, which is located in Long Beach, Calif., is a provider of specialty gas products.

Vygon Group buys Medwin

Vygon Group has acquired Medwin, a company based in southern France, specialized in feeding pumps and related accessories. The financial terms of the agreement were not disclosed. Vygon is a medical devices group.

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Ardian-backed NHV to merge with Blueway

Reiten & Co Capital Partners and the Helicopter Transportation Group have agreed to sell Oslo-based helicopter operator Blueway to NHV. No financial terms were disclosed. NHV is backed by Ardian.

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Roper Industries buys PE-backed IPA

Roper Industries has acquired IPA, which is backed by Riverside Partners. No financial terms were disclosed. Harris Williams advised IPA on the transaction. IPA is a linen automation platform provider.

Riverside-backed FirstLight Fiber to buy G4 Communications’ assets

FirstLight Fiber, a portfolio company of Riverside Partners, has agreed to acquire “substantially all” of the assets of G4 Communications. No financial terms were disclosed. Headquartered in Manchester, New Hampshire, G4 is a provider of broadband data and Internet solutions as well as telephony and other telecommunications services.

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PE-backed Orgentec to buy Corgenix for about $16 mln

Orgentec Diagnostika, a portfolio company of Water Street Healthcare Partners, has agreed to acquire Corgenix Medical Corp. for approximately $16 million. According to terms of the agreement, Corgenix shareholders will receive $.27 in cash for each share of common stock they own. The deal is expected to close in the fourth quarter of this year. Inverness Advisors, a division of KEMA Partners, provided financial advice to Corgenix on the transaction. Headquartered in Broomfield, Colorado, Corgenix is a maker of diagnostic test kits.

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Gryphon-backed DLC buys Beacon Resources

DLC, a portfolio company of Gryphon Investors, has acquired Beacon Resources. No financial terms were disclosed. Based in Newport Beach, Calif., Beacon is a finance, accounting staff and executive search firm.

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C&C and Level Equity exit Strategic Healthcare Programs

Cressey & Company and Level Equity said Wednesday that they have sold Strategic Healthcare Programs to Roper Industries. No financial terms were disclosed. Based in Santa Barbara, Calif., SHP is a provider of software and informatics solutions for the post-acute healthcare market.

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PE-backed Verisae closes buy of ViryaNet

Verisae, which is backed by Marlin Equity Partners, has completed its acquisition of ViryaNet. According to terms of the deal, ViryaNet shareholders will receive $3.19 in cash for each ordinary share they hold. Also, the stock will be delisted and stop trading. Headquartered in Westborough, Mass., ViryaNet is a provider of mobile workforce management solutions.

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PE-backed VCS merges with Medkinetics and Payor Enrollment Services

Vendor Credentialing Service, a portfolio company of The CapStreet Group, has merged with Medkinetics and Payor Enrollment Services. No financial terms were disclosed. Healthcare Growth Partners was financial advisor to VCS and CapStreet on the transaction. The combined company will be a provider of compliance and credentialing solutions. It will be headquartered in Houston and maintain operations out of Franklin, Tenn.

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