Iris Dorbian
Capitala Group, a provider of financing to lower and traditional middle-market companies, has opened an office in midtown Manhattan. The firm has also hired Kelly Stotler as director. Previously, Stotler was the managing director - head of loan originations for Czech Asset Management.
Aretex Capital Partners has agreed to acquire Dallas-based Alerian, a provider of energy infrastructure indices and market intelligence. No financial terms were disclosed. The transaction is expected to close in the second quarter of 2018. Barclays is serving as financial adviser to Aretex on the deal with Ropes & Gray LLP and Sheppard Mullin Richter & Hampton LLP providing legal counsel.
PLNTF Holdings, owner of Planet Fitness health clubs in the greater Indianapolis area, has acquired 14 additional health clubs in Alabama and Virginia. No financial terms were disclosed. PLNTF is a portfolio company of Atlantic Street Capital.
SFW Capital Partners has made an investment in Swiftpage Inc, a provider of software and services that help small and mid-sized businesses grow. No financial terms were disclosed.
First Read begins the day with news that civil rights groups are urging Amazon to stop selling its facial recognition technology to the government, McDonald's is hit with new sexual harassment claims and meet private equity's 'special forces' when GPs misbehave.
Chicago-based CA Ventures, a real estate investment firm, has named Peter Isaac as executive vice president of public-private partnerships. Previously, Isaac worked at Brailsford & Dunlavey Inc where he most recently served as vice president of public-private partnerships.
Clubessential, which is backed by Battery Ventures, has acquired Phoenix, Arizona-based Stretch Internet, a streaming provider of college sports. No financial terms were disclosed.
Tailwater Capital LLC has increased its equity commitment to Silver Creek Midstream from $150 million to $300 million. The additional equity will be used to continue the build-out of its crude gathering system in the Powder River Basin. Irving, Texas-based Silver Creek is a midstream company.
In Second Opinion, Yageo is buying Pulse Electronics for $740 million, Facebook's Mark Zuckerberg apologizes to EU lawmakers for Facebook's privacy missteps and J.C Penney's CEO is quitting the struggling retailer to join Lowe's.
Avison Young Inc has acquired a Munich, Germany-based office property on behalf of two unidentified Canadian pension funds. The seller was an unnamed family-owned office property investment firm specializing in refurbishments and developments. No financial terms were disclosed. Avison Young Investments served as the investment manager for the pension funds. Avison, a Toronto-based provider of commercial real estate services, is backed by Parallel49 Equity, a Canadian private equity firm. Between 2011 and 2015, the company was backed by Parallel49’s predecessor, Tricor Pacific Capital.