Iris Dorbian
Pamlico Capital has acquired Personify Inc from Rubicon Technology Partners. No financial terms were disclosed. Robert W. Baird & Co. Incorporated provided financial advice to Personify on the deal. Austin, Texas-based Personify is a provider of constituent management and engagement software solutions to nonprofit organizations.
GEF Capital Partners has made an undisclosed investment in Bluesource, a provider of climate change and environmental products and services. No financial terms were disclosed. Goodwin Procter provided legal advice to GEF Capital on the deal while Parr Brown did likewise for Bluesource.
Bridge Bank and Tree Line have provided debt financing to support Baum Capital Partners' recapitalization of Goettl Air Conditioning. No financial terms were disclosed; Tree Line has also provided an equity co-investment in Goettl. Goettl Air Conditioning is a provider of HVAC and plumbing maintenance, repair and replacement services.
Capital Square 1031, a real estate investment and management firm, has acquired a newly-constructed, 10,000-square-foot memory care facility located in Spring, Texas. No financial terms were disclosed. The property is leased to Village Green Alzheimer's Care Home.
Monroe Capital LLC has provided a $185 million senior credit facility as well as a $50 million mezzanine facility to support a full-service logistics company's acquisition of an international third-party logistics company. Neither company has been identified.
Genstar Capital has closed its previously announced sale of Accruent, a provider of physical resource management solutions, to Fortive Corporation. The price of the acquisition was $2 billion. UPDATE: Accruent was a portfolio company of HCAP Partners, which has exited its stake in Accruent as a result of the transaction.
This week’s jobs include a senior director at S&P Global, a private equity attorney at New York Life’s GoldPoint Partners and associate spots at Morgan Stanley Energy Partners and Lincoln Road Global Management.
First Read begins the day with news that British healthcare firm BTG acquires Irish vascular device maker, Apple says Trump's China tariffs are going to hurt the company, and Alibaba co-founder Jack Ma is planning his exit.
In Second Opinion, the Pentagon is investing $2 billion into artificial intelligence, HNA plans to sell its 7.6 percent stake in Deutsche Bank and Tesla shares sink after more executives leave and CEO Musk appeared to be smoking pot on camera.
Freshwater Investments, a private equity real estate firm, has acquired Lynnwood, Washington-based Bradford Park Apartment Homes, a 100-unit property. No financial terms were disclosed.