Lawrence Aragon

Business development company Main Street Capital Corp (NYSE: MAIN) announced it will exit SambaSafety (aka Safety Holdings Inc) following a “majority recapitalization” of the Albuquerque-based company by ABRY Partners. Terms of the deal were not disclosed. “This transaction will result in the repayment of Main Street’s debt investment and the exit of Main Street’s equity investment in SambaSafety,” Main Street said in a statement. ABRY previously announced that it had acquired a majority of SambaSafety for an undisclosed amount on April 6.

Nylon Media, which is backed by Diversis Capital LLC and investor Marc Luzzato, has named Jamie Elden its president and chief revenue officer (CRO). Elden was previously CRO and head of entertainment at Federated Media, a subsidiary of Media General Company.

Shape Technologies Group Inc, a portfolio company of American Industrial Partners, announced it has acquired Tops Co Ltd of South Korea. Terms of the deal were not disclosed. Both companies are suppliers of waterjet technology. AIP, which focuses on middle-market buyouts, acquired Shape in 2013, investing an undisclosed amount from its fifth fund, according to its website. Shape, based in Kent, Washington, has about 1,100 empoloyees in 18 sites around the world and produces annual revenue of $390 million, AIP’s website said. AIP closed on $1.8 billion for its sixth buyout fund last year, Buyouts reported.

Audiovisual equipment seller Milestone AV Technologies announced it has acquired AV company Vaddio for an undisclosed amount. Milestone, based in Eden Praire, Minnesota, is majority owned by the Pritzker Group, Duchossois Capital Management and company management.

Weinberg Capital Group announced that it led a group of private investors to recapitalize HoodMart Inc, which makes ventilation systems for commercial kitchens. WCG did not disclose the size of the deal, but said First National Bank provided senior financing and FNB Capital Partners provided $10 million of mezzanine financing and equity co-investment. Based in Cleveland, WCG is actively seeking add-on acquisitions for HoodMart, which is based in Elyria, Ohio.

RentPath LLC, which is backed by TPG and Providence Equity Partners, has named former Vonage Holdings chief Marc Lefar as president and CEO. RentPath had been looking to fill the position since November 2015, when former President and CEO Chip Perry resigned after just four months in the post to take the top job at TrueCar. RentPath’s Kim Payne resumes her job as CFO after serving as interim president and CEO.

Sterigenics International LLC, a portfolio company of Warburg Pincus and GTCR, announced it has acquired Nelson Laboratories Inc. Terms of the transaction were not disclosed.