Iris Dorbian
New York and Ohio-based online lending platform LendKey has raised up to $1 billion in funding from MidCap Financial, which is backed by Apollo Global Management LLC. According to LendKey, this capital infusion will be used to expand its student loan refinancing programs.
EnergySolutions LLC, which is backed by Energy Capital Partners, has acquired MHF Services from Relativity Capital. No financial terms were disclosed. Based in Pittsburgh, MHF is a provider of specialized logistical solutions related to the movement of environmentally sensitive materials. Houlihan Lokey served as financial advisor to Relativity Capital and MHF on the transaction.
Gridiron Capital has acquired Dent Wizard International from H.I.G. Capital. No financial terms were disclosed. Based in St. Louis, Missouri, Dent Wizard is a provider of automotive reconditioning services.
Kohlberg Kravis Roberts & Co. has named Luis Téllez as a senior advisor. The appointment is effective immediately. Téllez is a former board chairman and CEO of The Mexican Stock Exchange.
Monroe Capital LLC has provided a $36.8 million senior credit facility to back Little River Healthcare's recapitalization. Central Texas-based Little River Healthcare is a rural healthcare provider.
Localytics has acquired Splitforce, an automated optimization tool for mobile apps. No financial terms were disclosed. Localytics' backers include Sapphire Ventures, Foundation Capital and Polaris Partners.
Praesidian Capital has made a $11.4 million investment in Aquasana. Based in Texas, Aquasana, which is backed by Catterton, is a provider of residential water filtration systems and replacement cartridges.
Former Natural Gas Partners executives William Quinn, Tomas Ackerman and Daniel Goodman have launched Citrine Energy Capital Management, a small-cap energy private equity firm.
First Read ushers in your morning with news Nokia is in talks to acquire rival Alcatel-Lucent, top 1% pay nearly half of federal income taxes and visa applications from highly skilled tech and science workers in U.S. hit record high.
AE Industrial Partners LLC has acquired Kellstrom Commercial Aerospace Inc, a provider of aftermarket parts, repairs, logistics and supply chain management solutions for the commercial aerospace sector. The seller was Inverness Management LLC. No financial terms were disclosed. Moelis & Company was financial advisor to Kellstrom Materials on the transaction.