Kayne NewRoad Ventures Fund II LP has invested $5 million in Anthem-Epoch Inc, parent company of Epoch Health. Epoch Health has seven clinics spread across Arkansas, Missouri, Arizona and Alaska that target the male patient population, who typically avoids proper medical and/or preventative care. Kayne NewRoad Ventures Fund II LP is co-managed by Kayne Anderson Capital Advisors LP and NewRoad Capital Partners LLC.
American Midstream Partners LP and JP Energy Partners LP are merging in a deal that will create a combined midstream platform valued at $2 billion. ArcLight Capital Partners LLC, the sponsor of both American Midstream and JP Energy, will combine the GPs of the two companies. Bank of America Merrill Lynch acted as financial advisor to American Midstream and Simmons & Company International, Energy Specialists of Piper Jaffray acted as financial advisor to the Conflicts Committee of American Midstream. Locke Lord LLP was legal counsel to American Midstream and Thompson & Knight LLP was legal counsel to the Conflicts Committee of American Midstream. BMO Capital Markets provided financial advice to JP Energy and Latham & Watkins acted as legal counsel to JP Energy. Andrews Kurth LLP acted as legal advisor to ArcLight.
Platinum Equity said Oct. 24 that it agreed to sell Mactac Americas LLC to LINTEC Corp. The deal was valued at $375 million. Mactac, of Stow, Ohio, makes and distributes pressure sensitive labels. Moelis & Company LLC and Goldman, Sachs & Co served as financial advisors to Platinum Equity and Latham and Watkins was Platinum Equity’s legal counsel.
Palamon Capital Partners said Oct. 24 that it agreed to sell SARquavitae to HomeVi S.A.S., a portfolio company of PAI Partners. SARquavitae, of Barcelona, Spain, is an elderly care provider. Palamon said the deal will result in an investment return of 3.0x.
Tricia Patrick has joined Advent International’s retail, consumer and leisure investment team as a Managing Director. Patrick was previously with Bain Capital Private Equity where she most recently was a principal in the consumer, retail and dining sector team.
Atipica said Oct. 20 that it raised $2 million in a seed round led by True Ventures. Kapor Capital and Charles Hudson‘s new firm, Precursor Ventures, participated in the round along with a number of angel investors, including industry veteran and former Yahoo! CHRO David Windley, early Twitter engineer Matt Sanford, and former Reddit CEO Ellen Pao. Atipica is a talent discovery engine startup.
Lemonade Restaurant Group said Oct. 19 that Larry Kurzweil has joined as President and CEO effective Dec. 1. The Co-Founders of Lemonade, Alan Jackson and Ian Olsen, will assume the role of Chairman and Chief Culinary Officer and Chief Development Officer, respectively. Kurzweil previously served as President and Chief Operating Officer of Universal Studios Hollywood. Lemonade is backed by Butterfly Equity and KKR.
Cinven said Oct. 20 that it agreed to sell Avio Space Propulsion to Space2 and Leonardo-Finmeccanica. Financial terms weren’t announced. Avio Space, of Colleferro, Italy, operates space launchers and space propulsion. Cinven, along with Finmeccanica as a minority shareholder, acquired Avio Space in December 2006 from the Carlyle Group for 2.57 billion euros.
The Carlyle Group said Oct. 19 that it firm’s first long-dated private equity fund has raised $3.6 billion. Carlyle Global Partners will invest with a longer time horizon than traditional private equity funds and can provide more than $500 million of equity per deal.
Zafin said Oct. 18 that Nancy Langer has joined as President and Chief Operating Officer. Langer was previously Executive Vice President and Chief Product Officer for Fidelity National Information Services. Zafin is backed by Kayne Partners.
Mems Drive Inc said Oct. 18 that it closed an $11 million funding round led by Walden International. Mems Drive is a semiconductor company.
Polaris has sold Car-O-Liner to Snap-On Inc for $155 million. Gothenburg, Sweden-based Car-O-Liner provides collision repair equipment and information and truck alignment systems. Jefferies advised Polaris and Car-O-Liner.
Science 37 said Oct. 18 that it raised $31 million in series B funding led by Redmile Group. Lux Capital and dRx Capital also participated, as well as Sanofi Genzyme BioVentures. Los Angeles-based Science 37 is a clinical research company.
Ysios Capital said Oct. 18 that its second fund closed at 126.4 million euros ($139.1 million), surpassing its 100 million euro target. Ysios BioFund II Innvierte FCR will invest in biotech, medtech and diagnostic companies across Europe with a special interest in Spain.
Cyprium Partners said Oct. 18 that it invested subordinated debt and equity Irvin Automotive Products Inc. Financial terms weren’t announced, Cyprium’s investment is part of Piston Group’s buy of Irvin Auto from Takata Corp that was previously announced. Pontiac, Michigan-based Irvin makes automotive seat covers, headrests, sun visors, armrests and cargo shades.
Ship Supply International, a portfolio company of H.I.G. Capital, has acquired Kamil Ship Supply. Financial terms weren’t announced. Mobile, Alabama-based Kamil provides delivery of critical perishable goods and deck & engine maintenance products to commercial vessels.
MCI Brazil said Oct. 18 that it acquired P2Com Group. Financial terms weren’t announced. P2Com provides corporate events and incentive travel management. MCI Brazil is a joint venture between AlaturJTB and MCI Group.
David Rubenstein, co-Founder and co-CEO of Carlyle Group, will appear on Bloomberg TV in his own prime-time television and digital series. In “The David Rubenstein Show: Peer-to-Peer Conversations,” the Carlyle executive will interview power players about their “personal and professional journeys.” He will question guests as a peer and not as a journalist, a statement said. His first interview is with Bill Gates; other guests will include Lloyd Blankfein, Indra Nooyi and Warren Buffett.