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Iris Dorbian

Kayak companies KL Outdoor and GSC Technologies, both of which are backed by New Water Capital LP, will merge. No financial terms were disclosed.
Hedge fund manager Elliott Management Corp's private equity affiliate Evergreen Coast Capital has made an undisclosed investment in ASG Technologies. Credit Suisse and SunTrust Robinson Humphrey served as lead financial advisers to Evergreen Coast Capital on the transaction. Based in Naples, Florida, ASG is a provider of enterprise IT software.
Reston, Virginia-based NII Holdings Inc, a provider of mobile communication services for businesses and consumers in Brazil, has named Roberto Rittes as new CEO of Nextel Brazil. Previously, Rittes was a principal at H.I.G. Capital.
Riverbend Foods LLC, a portfolio company of Insight Equity, has agreed to acquire TreeHouse Foods' soup and infant feeding business. No financial terms were disclosed. The deal is expected to close in the third quarter of this year. Harris Williams & Co. served as financial adviser to TreeHouse Foods on the deal with Winston & Strawn providing legal counsel. And, Hunton & Williams LLP provided legal counsel to Insight Equity.
HarbourVest Partners has hired Paula Drake as managing director and general counsel. Previously, Drake worked at Och-Ziff Capital Management Group, where she most recently served as managing director, global chief compliance officer and chief regulatory officer.
Calidant Capital has made an undisclosed investment in Aracadia Roofing Company, a commercial and industrial roofing contractor serving the Texas market. No financial terms were disclosed. Texas Capital Bank provided the credit facilities for the transaction while Cordatus Capital led several family offices and individuals in providing the equity. Roetzel & Andress served as legal counsel for Calidant.
Magnate Worldwide, a joint venture between CIVC Partners LP and Magnate Capital Partners, has acquired New York-based Masterpiece International, a fine art and exhibit shipping firm. No financial terms were disclosed.
CITIC Capital has agreed to sell its shares in Polymatech Group, a Japanese maker of polymer parts to Sekisui and Inabata. No financial terms were disclosed.
Tyson Foods has agreed to acquire Cincinnati-based AdvancePierre Foods, a producer of prepared sandwiches, other entrees and snacks to various food outlets, for $40.25 per share in cash. Morgan Stanley & Co LLC is providing financial advice to Tyson on the deal while Credit Suisse Securities (USA) LLC and Moelis & Company LLC are serving as financial advisers to AdvancePierre, which is backed by Oaktree Capital Management LP.
Littlejohn Capital has acquired Maysteel Industries LLC, a maker of OEM sheet metal enclosures, electrical cabinets and metal fabricated assemblies. No financial terms were disclosed. The seller was Revolution Capital Group LLC. Morrison Cohen LLP provided legal counsel to Littlejohn Capital on the transaction.
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