Iris Dorbian
EyeSouth Partners, which is backed by Shore Capital Partners, has made an investment in South Georgia Eye, an eye care provider with clinics located in Georgia and Florida. No financial terms were disclosed.
Aterian Investment Partners has acquired Bay Minette, Alabama-based Albany Industries Inc, a maker of home furnishings. No financial terms were disclosed. Kirkland & Ellis LLP advised Aterian on the deal.
The NRP Group has sold Wexford, Pennsylvania-based Ascent Four Thirty, a luxury apartment community, for over $61 million. The buyer is a joint venture between Buligo Capital and Graycliff Capital. Institutional Property Advisors, a division of Marcus & Millichap, advised the seller on the deal.
H.I.G. Capital has made an investment in Grupo Meridional, a Brazilian hospital group. No financial terms were disclosed.
Clovis Point Capital has exited a majority of its stake in MediaPro as a result of the later's recapitalization by Frontier Capital. No financial terms were disclosed. Based in Bothell, Washington, MediaPro is a provider of security, privacy and compliance awareness training solutions.
Mondelēz International Inc has closed its previously announced acquisition of Southampton, New York-based Tate’s Bake Shop, a premium cookie and baked goods provider, from The Riverside Company for about $500 million. TM Capital provided financial advice to Tate's on the deal.
London-based Autolus, a biopharmaceutical company focused on developing and commercializing T-cell therapies, has named Andrew J. Oakley as senior vice president and chief financial officer. Previously, Oakley worked at Sosei Group Corporation where he was executive vice president and chief financial officer. Autolus' backers include Arix Bioscience plc, Cormorant Asset Management, Nextech Invest, Syncona and Woodford Investment Management.
First Read begins the day with news that Facebook mistakenly switches 14 mln users' settings to public, GE wants to be a traffic cop for drones and Ant Financial raises about $14 bln in funding round.
Kensington has recapitalized Grand Rapids, Michigan-based Kenona Industries, a precision machining business serving the automotive industry. The transaction, which was done in partnership with Kenona management and co-investors, was for $85 million.
In Second Opinion, China's ZTE is fined $1 billion, Google promises not to use artificial intelligence for weapons or surveillance and cybersecurity firm Zscaler Inc. is the new top tech IPO of the year.