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Iris Dorbian

KPS Capital Partners has acquired Blue Bell, Pennsylvania-based C&D Technologies, a maker of reserve power systems for regulating and monitoring power flow and providing backup power. No financial terms were disclosed. Paul, Weiss, Rifkind, Wharton and Garrison LLP served as legal counsel to KPS.
Praxis Capital has acquired Clarkston, Georgia-based Birch Run Apartments, an 198-unit property for an undisclosed sum. However, Praxis is planning on investing $3 million to renovate and upgrade the property.
Chevron CEO John Watson
In Second Opinion, Chevron's CEO is quitting, Snap rallies 6 percent after a report says fewer teens will be using Facebook and it's the end of an era--the Village Voice will no longer have a print edition.
The Rohatyn Group has added Beidi Gu, former portfolio manager for the Caravel Flagship Fund. In her new role, Gu will lead lead TRG’s public equity investment strategies in beyond-BRIC emerging and frontier markets.
New Mountain Capital has made an undisclosed growth investment in Hamilton, New Jersey-based Sparta Systems Inc, a provider of cloud and on-premise quality management software. As a result of this transaction, Thoma Bravo, Sparta's previous main investor, will retain a minority stake in the company.
WaterBridge Resources LLC, which is backed by Five Point Capital Partners, has acquired Texas-based EnWater Solutions LLC, a produced water gathering and disposal company. No financial terms were disclosed.
Houston-based Sierra, an exploration and production company focusing on oil and gas assets in South Texas, has secured $100 million in funding. The investor was Post Oak Energy Capital.
Rock Hill Capital Group has sold Pasadena, Texas-based Alpha Technical Services Corp, an operator of an industrial cleaning facility. The buyer was Quala. No financial terms were disclosed. SunTrust Robinson Humphrey provided financial advice to ATS on the transaction.
Capital Dynamics has acquired the California Flats solar project in Monterey County, California. The seller was First Solar Inc. No financial terms were disclosed.
Houston-based Shot Hollow Partners, an oil and gas company, has secured an undisclosed amount of funding. The investor was Carnelian Energy Capital Management LP.
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