Iris Dorbian
Strathspey Crown, a lifestyle healthcare-focused growth equity firm, has named Dr. Richard Afable as a senior adviser. He is the ex-CEO of St. Joseph Hoag Health and the former executive vice president of Providence St. Joseph Health Southern California Region.
Blackstone and Fireside Investments have acquired Las Vegas-based International Market Centers Inc, an owner and operator of showroom space for the furnishings, home decor and gift industries. The sellers were Bain Capital Private Equity and Oaktree Capital Management. No financial terms were disclosed. Allen & Company LLC and Kirkland & Ellis LLP advised International Market Centers, Bain Capital and Oaktree on the deal while Simpson Thacher & Bartlett LLP advised Blackstone and Fireside.
In Second Opinion, Equifax CEO Richard Smith is leaving following the company's massive data breach, Uber is pulling out of Quebec due to regulatory issues and vacuum cleaner company Dyson is planning on building an electric car.
Personify, which is backed by Rubicon Technology Partners, has acquired Toronto-based Wild Apricot, a membership management software provider. No financial terms were disclosed.
Bluerock Residential Growth REIT Inc has acquired a majority stake in Houston-based Cypress Creek Apartments, an apartment property. BRG made an equity investment of $14.5 million while funding the remainder with a $26.2 million loan.
Houston-based Tally Energy Services, a newly launched firm focused on North America shale, has raised over $130 million in funding. Tally's backers are RedBird Capital Partners and Sallyport Investments.
Wellfleet Credit Partners, Littlejohn & Co's performing credit business, has closed its second collateralized loan obligation for 2017 at $557 million. Citigroup Global Markets arranged the CLO while Dechert LLP provided legal advice to Wellfleet.
Francisco Partners has sold Lumata, a provider of real-time loyalty and customer life cycle management software and services, to Evolving Systems Inc. No financial terms were disclosed. Lincoln International advised Francisco on the transaction.
Salt Creek Capital has acquired Miami-based Corporate Caterers, a national franchisor catering company. No financial terms were disclosed.
Exponent has made an undisclosed investment in UK-based tech company Bullitt Group. Also, Bullitt has named Pieter Knook as chairman.