Iris Dorbian
TruAmerica Multifamily has acquired Huntington Beach, California-based Pacific Shores, a 264-unit apartment community from UDR Inc. The price of the transaction was $90.5 million.
NMI, which is backed by Francisco Partners and Great Hill Partners, has acquired New York and Bristol, England-based Creditcall, an omnichannel payment gateway and EMV solutions provider. No financial terms were disclosed.
Merida Capital Partners has raised $7.41 million for its second fund, according to an SEC filing. The target is $75 million. New York City-based private equity firm Merida Capital is focused on the cannabis industry.
Sun Hydraulics Corp has agreed to acquire the shares of Faster Group, a Milan, Italy-based maker of quick-release hydraulic coupling solutions, for about $531 million in cash. The seller was Capvis Equity Partners. The deal is expected to close in the second quarter of 2018. Baird was financial adviser to SNHY on the transaction.
Reed Smith LLP has named private equity lawyer Michael N. Peterson as a partner in the firm's global corporate group in Philadelphia. Peterson is the former head of Morgan Lewis' Philadelphia corporate business and transactions practice.
Brentwood Capital Advisors, a healthcare and tech-focused investment bank, has named John Kibler as managing director. Kibler is a former partner and managing director at William Blair.
San Ramon, California-based xMatters, a collaboration platform that accelerates incident response and resolution, has secured $40 million in Series D funding. The investor was Goldman Sachs' private capital investing group.
Behrman Capital has acquired Salem, New Hampshire-based Corfin Industries LLC, a provider of microelectronics component preparation services. No financial terms were disclosed. Goodwin Procter was legal counsel for Behrman Capital on the deal.
McCourt Global has named Rod O'Connor as global head of communications and external affairs. Previously, O'Connor was principal at The Messina Group.
Northview Hotel Group, a hotel and resort community owner and operator, has closed its third investment fund at an undisclosed sum. NV Acquisitions III will focus on acquiring underperforming hotels and resorts in the U.S. and select international markets.