Iris Dorbian

Highbridge Principal Strategies and Related Companies said on Wednesday that they have teamed up to launch a joint venture. Both companies will invest $800 million in real estate projects in transition across the United States. Highbridge is a global credit and private investment firm; Related is a real estate development and investment firm.

Tatilsepeti.com said on Wednesday that it has received an investment from London-based Bancroft Private Equity. No financial terms were disclosed. Ventura Partners served as financial advisor for the transaction. Also, the founding partners at Tatilsepeti.com will continue in their roles. Tatilsepeti.com is a tourism site focused on travel in Turkey.

Soligenix has closed its IPO at $7.1 million at 6,773,995 shares. Investors include Third Security as well as members of Soligenix's management and board. Maxim Group LLC was the lead placement agent for the offering while Griffin Securities served as a sub-agent. Headquartered in Princeton, NJ, Soligenix is a clinical stage biopharmaceutical company.

Wilson Electronics said on Wednesday that it has been acquired by Sorenson Capital. Solamere Capital was a minor co-investor. No financial terms were disclosed. Also, Sorenson Capital Managing Directors Fraser Bullock and Tim Layton join Wilson Electronics’ board of directors. Based in St. George, Utah, Wilson Electronics is a provider of wireless communication services.

Okta said on Tuesday that it has named Bill Losch as CFO, effective immediately. Prior to joining Okta, Losch was CFO at MobiTV, Inc. Backed by Andreessen Horowitz, Greylock Partners, Khosla Ventures and Sequoia Capital, the San Francisco-based Okta is a provider of cloud solutions.

Smashburger said on Tuesday that it has received $35 million from Golub Capital. According to Smashburger, the financing will be used for growth and expansion. Headquartered in Denver, Colorado, Smashburger, which was seeded by Consumer Capital Partners, is a restaurant chain.

James Briggs said on Tuesday that it has been acquired by its management team in a transaction backed by Endless LLP. No financial terms were disclosed. Also, Jim Sumner joins James Briggs as executive chairman. Based in the UK, James Briggs is a provider of aerosols and specialty chemicals.

Arbor Investments, a Chicago-based private equity firm that focuses on the food and beverage industry, said on Tuesday that it has acquired The New French Bakery. No financial terms were disclosed. Headquartered in Minneapolis, The New French Bakery is a producer and distributor of fresh artisan breads.

Partners Group said on Tuesday that it acquired a majority stake in CSS Corp in a $270 million transaction. CSS Corp is a provider of global information and technology services.

Caspian Private Equity said on Tuesday that it has made a few personnel changes. Sheryl Schwartz joined the company as managing director of investments. Also, David Marcus, who has served as vice president, has been promoted to director. Based in New York City, Caspian is an affiliate of Natixis Global Asset Management L.P.