Iris Dorbian
Rowmark LLC, which is backed by Bertram Capital, has acquired Oklahoma City-based Bur-Lane Inc, a distributor of engraving plastic and identification accessories and supplies. No financial terms were disclosed.
Arlington Capital has agreed to acquire iRobot Corp's defense and security business, which provides ground-based robots to the U.S. Department of Defense. No financial terms were disclosed.
Harbert Management Corp has promoted John W. McCullough from senior vice president to executive vice president. Prior to joining HMC, McCullough was a partner at law firm Balch & Bingham LLP.
First Read ushers in the morning with news that Cisco will acquire internet of things company Jasper for $1.4 billion, Mark Zuckerberg predicts Facebook will have 5 billion users by 2030 and United and Delta Airlines offer to reassign crew from Zika-hit routes.
In Second Opinion, Google search king Amit Singhal is retiring, Donald Trump is nominated for a Nobel Peace Prize (yes, you read that correctly) and Intel says that in 2015 it increased minority hiring by 31 percent and had 100 percent equal pay for both men and women.
IPC Systems has acquired Etrali Trading Solutions, a provider of compliance and unified communications solutions. No financial terms were disclosed. Etrali was owned by The Gores Group.
Arma Partners has hired Ron Pillar as a partner. In his new role, Pillar will run the firm's New York's operations. Previously, Pillar was the founder and head of Pillar Capital Advisors, a M&A advisory firm.
Angeles Equity Partners has acquired Chicago Heights, Illinois-based U.G.N.'s automotive acoustic solutions business. No financial terms were disclosed. As a result of the transaction, the business will operate under the name of Applied Acoustics International.
Hub International Limited has acquired San Francisco-based Equity Risk Partners, an insurance company focused on private equity. No financial terms were disclosed. Waller Helms Advisors LLC advised Equity Risk on the transaction.
TZP Growth Partners has made an undisclosed investment in LAC Group. Based in Los Angeles, LAC is a provider of library, information, and knowledge management services.