Iris Dorbian

3i Group plc said on Monday that it has agreed to sell its 64% stake in Trescal to AXA Private Equity. TCR Capital has also agreed to sell its minority stake in Trescal to AXA. The transaction is valued at approximately €250 million. Trescal is a global provider of services for the test and measuring equipment market.

The Carlyle Group said on Monday that it has closed €350 million for its new European CLO fund. The fund will invest in new issue and secondary market European senior bank loans. Barclays arranged the transaction.

EMag Solutions, LLC, a portfolio company of Patriarch Partners, said on Monday that it has promoted Randy Williams to an ESI consultant. Prior to his current position, Williams oversaw all phases of eMag's production department. Headquartered in Atlanta, EMag is a provider of data processing, restoration and management solutions.

Van Gansewinkel Groep has sold AVR– Energy from Waste to a consortium led by Cheung Kong Infrastructure. No financial terms were disclosed. The transaction is expected to close in the third quarter of 2013. In this transaction, Credit Suisse acted as financial advisor to Van Gansewinkel Groep. AVR is a Dutch waste management company.

Piper Jaffray Companies, an investment bank and asset management firm, said on Monday that it has agreed to acquire Edgeview Partners, L.P. No financial terms were disclosed. Based in Charlotte, N.C., Edgeview Partners providers merger and acquisition advisory services to middle market clients and private equity firms.

Chicago Ventures, a fund focused on early-stage technology companies based in Chicago and the Greater Midwest, said on Monday that it has raised $40 million. Lead investors include JB Pritzker, Pat Ryan, Jr. and The Duchossois Group as well the fund's partners Stuart Larkins and Kevin Willer.

Babson Capital Management LLC said on Monday that it has provided subordinated debt and made an equity co-investment in Main Street Capital Holdings’ acquisition of the Hi-Rel Group LLC. No financial terms were disclosed. Based in Essex, Conn., the Hi-Rel Group is a provider of components for the microelectronic packaging sector.

CI Capital Partners said on Monday that it has sold Transplace to Greenbriar Equity Group. No financial terms were disclosed. Based in Frisco, TX, Transplace is a provider of third party logistics.

CareCloud said on Monday that it has named Tom Cady as its new vice president of professional services. In this position, Cady will manage the company's client implementation and training teams. CareCloud, which was backed by Intel Capital and Norwest Venture Partners, is a Boston-based provider of cloud-based solutions.

Nyloncraft, a technical plastics company that is owned by Techniplas Group, has acquired NYX Fort Wayne from NYX Inc. No financial terms were disclosed. Angle Advisors acted as the investment banking advisor to NYX for this transaction. Based in Fort Wayne, Indiana, NYX Fort Wayne is a producer of plastic fluid reservoirs and related components for under-the-hood vehicular applications.