Iris Dorbian

Indianapolis-based MOBI, a software provider that helps companies manage mobility, has raised $35 million in funding. The investor was Bregal Sagemount. In addition to the funding, Daniel Kim, founding partner of Bregal Sagemount, has been added to MOBI's board.

Evercore has hired Edmund D. Baxter as a senior managing director in its healthcare group. Prior to joining Evercore, Baxter worked at Bank of America Merrill Lynch where he served as a senior managing director.

Castanea Partners has acquired a minority stake in First Aid Beauty. No financial terms were disclosed. In addition to the investment, Steve Berg and Janet Gurwitch of Castanea have been added to First Aid Beauty’s board of directors. FAB is a skincare products provider.

IBM has acquired San Mateo, California-based Compose, a provider of database management solutions for developers. No financial terms were disclosed. According to Crunchbase, Compose's backers included Trinity Ventures, Data Collective, Lerer Hippeau Ventures, SV Angel and Webb Investment Network.

TUNE has acquired Seattle-based mobile marketing automation company Artisan Mobile. No financial terms were disclosed. TUNE's backers include Icon Ventures, Performance Equity Management and Accel Partners while Artisan Mobile's investors include FirstMark Capital.

AssuredPartners has acquired Denver-based Peliton Insurance and Peliton Benefits, a risk management and insurance solutions provider to small and mid-sized businesses in the Colorado Rocky Mountain region. No financial terms were disclosed. Recently, GTCR agreed to sell portfolio company AssuredPartners to Apax Partners, as previously reported by PE HUB.

Washington, D.C.-based Liquidity Services, which helps businesses transform surplus assets and inventory "from a burden into a liquid opportunity," has named Jorge Celaya as executive vice president and chief financial officer. The appointment becomes effective August 10, 2015. Celaya was co-founder of Avanz Capital.