Iris Dorbian

ACON Investments has agreed to invest in Chicago-based hardware retailer True Value. No financial terms were disclosed.

Equistone will acquire a majority stake in BOAL Group, a Dutch maker of high-performance aluminium greenhouse roof and side-wall systems for glass and poly greenhouses. The sellers are BOAL's current CEO Ronald Boers and Marinus Boers, the founder of the BOAL Group. No financial terms were disclosed. The deal is expected to close in April 2018.

Shorehill Capital has added Charlie Denison as a principal to its investment team. Previously, Denison worked at Boston Consulting Group where he was a project leader within the firm's corporate development practice.

Macquarie Capital has sold a minority stake in Norte III, a power generation facility in Ciudad Juárez, Mexico, to InfraRed and Invex. No financial terms were disclosed. As a result of the transaction, InfraRed and Invex now hold a 35.5 percent and 10 percent stake, respectively, in Norte III. Milbank, Tweed, Hadley & McCloy LLP advised Macquarie on the sale.

The Bascom Group has acquired Oxnard, California-based Tempo at Riverpark Apartments, an apartment community. The price of the acquisition was $75.25 million. Brian Eisendrath, Annie Rice and Brandon Smith of CBRE arranged the debt financing for the transaction.

Paso Robles, California-based Michael Dusi Logistics, a third-party logistics firm that caters to the wine and craft beer industry, has secured an undisclosed amount of funding. The investors were Tattooed Dog Holdings and Headhaul Capital Partners LLC. Bluejay Advisors, LLC advised the investors on the transaction.

The Russell Center for Innovation & Entrepreneurship, an Atlanta-based community with lab-to-market resources for emerging industries, has named James Bailey as president and CEO. Previously, Bailey was a founder of Greenwood Archer, a private equity firm focused on investing in emerging domestic markets, urbanization and affordable housing.

STX Entertainment, a next-generation media company, has promoted Patricia Röckenwagner to chief brand officer. Prior to joining STX, Röckenwagner was senior adviser at Advance Vixeid Partners, the investment arm of Advance Publications and Condé Nast. STX’s backers include TPG, Hony Capital, Tencent Holdings and DNS Capital.

MFG Chemical, which is owned by Platte River Equity, has acquired Houston-based Gulf Bayport Chemicals, a maker of maleic anhydride derivatives.