Iris Dorbian
The RMR Group is committing $100 million to launch the RMR Office Property Fund LP. The fund will focus on acquiring, owning and leasing a portfolio of U.S. office properties. The Portnoy Family Office is contributing $206 million of owned office properties to the fund.
Valtris Specialty Chemicals, a portfolio company of H.I.G. Capital, has acquired ICT and Baleycourt from INEOS Enterprises. No financial terms were disclosed. Based in Belgium and the Netherlands, ICT is a producer of chlorinated toluenes and related derivatives while France-based Baleycourt makes products that serve the polymer additives, lubricant, renewable energy and food markets.
Blue Sage Capital and Hanover Partners have made an investment in Wisconsin-based Ligchine International Corporation, a maker of laser-guided boom operated concrete screeds. No financial terms were disclosed.
DocuSign Inc has agreed to acquire Chicago-based SpringCM, a cloud-based document generation and contract lifecycle management software company. The price of the transaction is about $220 million. SpringCM's backers include Crestline Investors Inc and Foundation Capital.
Access, which is backed by Berkshire Partners and GI Partners, has acquired Atlanta-based Arkive, a provider of records management solutions. No financial terms were disclosed.
The Riverside Company has agreed to sell its stake in Blue Microphones to Logitech. No financial terms were disclosed. Intrepid Investment Bankers, Jones Day and Deloitte advised Riverside on the transaction. Based in Westlake Village, California, Blue Microphones is a maker of microphones.
In Second Opinion, Bayer sells prescription dermatology brands to Denmark's Leo Pharma, Facebook pulls fake accounts ahead of November's midterm election and Alan Alda reveals he has Parkinson's disease.
Compass Group Equity Partners has acquired St. Louis, Missouri-based EPIC Systems Inc, an engineering company, industrial automation engineering and fabrication firm. No financial terms were disclosed.
Magnitude Software, a portfolio company of Audax Private Equity, has acquired Gouda, Netherlands-based Every Angle, a provider of self-service reporting and analytics solutions for any SAP system. No financial terms were disclosed.
Griffin-American Healthcare REIT IV, which is backed by American Healthcare Investors and Griffin Capital Company LLC, has acquired an approximately 55,000-square-foot medical office building in Edmonds, Washington. The price of the transaction was $23.5 million.