Platinum Equity has agreed to acquire Husky Injection Molding Systems from Berkshire Partners and OMERS Private Equity for $3.85 billion. The deal is expected to close in the second quarter of 2018. Bank of America Merrill Lynch and Deutsche Bank are leading the financing for the deal. Based in Bolton, Ontario, Husky is a provider of injection molding equipment and services for the plastics industry.
Clayton, Dubilier & Rice has promoted Eric Rouzier as a partner. Rouzier first joined CD&R in 2005. Prior to joining the firm, he worked at JP Morgan.
New Mountain Capital has made a majority investment to support the merger of IMA Consulting, a healthcare solutions and consulting firm and Revint Solutions, a provider of revenue integrity and recovery services for healthcare providers. No financial terms were disclosed. Cain Brothers served financial adviser to IMA on the transaction.
TA Associates has made an investment in Sugar Land, Texas-based Healix, a provider of infusion therapy management services and compounded intravenous pharmaceuticals for physician practices and hospitals. No financial terms were disclosed. Deloitte & Touche served as financial adviser to TA Associates while Guggenheim Securities and Ernst and Young did likewise for Healix.
Portland, Oregon-based Aunt Fannie’s, a provider of microbiomic cleaning and pest solutions for households, food service establishments and food manufacturers, has raised $2.375 million in funding. The lead investors were Monica Nassif, founder of Mrs. Meyer’s and Caldrea, David Charne, CEO of Fyrn, and Stuart Erickson, senior managing partner at Guggenheim Securities.
Quinyx, a Scandinavian provider of cloud-based software that helps businesses manage employee scheduling, communication, task-management and payroll integration, has raised $12 million in funding. The investor was Battery Ventures. In conjunction with the funding, Battery General Partner Michael Brown will join Quinyx’s board.
The Carlyle Group has agreed to buy a majority stake in King of Prussia, Pennsylvania-based MedRisk, a provider of physical medicine solutions for the workers’ compensation sector. No financial terms were disclosed. As a result of the transaction, TA Associates is exiting MedRisk. The deal is expected to close before the end of 2017. Jefferies LLC was financial adviser to Carlyle on deal while Centerview Partners LLC did likewise for MedRisk.
First Reserve has promoted four of its investment professionals. Brooks Shughart and Edward T. Bialas will become managing directors while Jesse Krynak and David M. McFarland will become directors. The appointments are effective January 1, 2018.
Graphite Capital has sold its stake in London-based Corbin & King, a restaurant group, to Minor Hotels. No financial terms were disclosed.
Australian fintech startup Airwallex has secured $6 million in funding. The investor was Square Peg Capital.
Quebec-based AEPONYX, a provider of micro optical switches, has secured C$4.3 million in seed funding. Fonds Innovexport and Ecofuel Fund led the round. AEPONYX was incubated at Silicon Catalyst.
Aptinyx Inc, a developer of treatments for neurologic disorders, has closed $70 million in Series B financing. Bain Capital Life Sciences led the round with participation from other investors that included Adage Capital, Agent Capital, HBM Healthcare Investments, Nan Fung Life Sciences, Partner Fund Management, Rock Springs Capital, New Leaf Venture Partners, Frazier Healthcare Partners, Longitude Capital, Osage University Partners, Adams Street Partners and Beecken Petty O’Keefe & Company.
National Health Investors Inc has agreed to acquire Durham, North Carolina-based Spring Arbor, an assisted living and memory care community. The purchase price is $7.55 million.
Dallas-based Preston Hollow Capital, a specialty finance company, has expanded its team with three new additions. Glenwood Hill is joining its legal group while Joe James and Elizabeth Leak have been added to the firm’s credit and tax groups, respectively. Preston Hollow Capital’s backers include Stone Point Capital and HarbourVest Partners.
Insperity Inc, a provider of human resources and business performance solutions, has named Randall Mehl to its board of directors. Mehl is a former managing director and partner at Baird Capital.
Varsity Healthcare Partners, a healthcare services-focused private equity firm, has appointed Dr. Ronald D. Geraty as an operating partner. He is a former CEO for a number of private equity-owned healthcare services companies that include Alere.
Jernigan Capital Inc has invested $10.6 million in a Dover, New Jersey-based multi-story climate-controlled 836-unit facility. The construction is expected to begin in the first quarter of 2018 and be completed in early 2019. Orlando, Florida-based Structure Development is the proposed project’s developer.
Alphabroder, a portfolio company of Littlejohn & Co., has acquired Bridgeport, Connecticut-based Prime Line, a maker of promotional products. No financial terms were disclosed.