Red Hawk Fire & Security, a portfolio company of Comvest Partners, has acquired Integrated Systems of Florida. Financial terms weren’t announced. Integrated Systems of Florida, of Oldsmar, is a security systems integration company. Generational Equity advised Integrated Systems.
Cerberus Capital Management LP said Feb. 28 that it completed its buy of a controlling stake in Staples’ European operations. Staples will retain a 15 percent stake in the business. Reuters reported in December that Cerberus would pay $53.65 million for the business. Staples’ European business consists of retail, contract, and online businesses in 17 countries generating aggregate annual sales of approximately €1.7 billion.
Flo Live Ltd said Feb. 28 that it raised $4.2 million in a Series A round led by ARIE Capital and Golden Sunflower Capital. Fio Live provides IoT solutions.
Ares EIF Group has invested in the construction of Birdsboro Power, a brownfield 488-MW natural gas-fired combined-cycle generation facility located in Berks County, Pennsylvania. Financial terms weren’t announced. CIT Bank, GE Energy Financial Services and Investec arranged non-recourse debt financing for the project. Ares Management LP acquired Ares EIF Group in 2015.
Sycamore Partners said Feb. 24 that it acquired The Limited‘s brand and other related intellectual property assets. Sycamore said it bought the Limited’s intellectual property through a competitive auction fun by The Limited as part of its bankruptcy process. Financial terms weren’t announced but Reuters reported that Sycamore bid $26.8 million.
Starwood Capital Group and Vencom have sold Bromma Blocks to CBRE Global Investment Partners. Financial terms weren’t announced. Bromma Blocks is a a retail park and shopping galleria in Stockholm, Sweden. Cushman & Wakefield, Mannheimer Swartling and PwC served as advisors on the transaction.
Congenica said Feb. 27 that it raised 8 million pounds ($10 million) in a Series B round. Existing investors, Cambridge Innovation Capital plc and Amadeus Capital Partners, participated alongside new investor, Parkwalk Advisors. Congenica, of the U.K., provides clinical genome analysis technology.
KKR has in invested in Gambol Pet Group. Financial terms weren’t announced. Gambol, of Shandong Province, China, is a pet food provider.
Carlyle Group said Feb. 23 that it raised about $2.5 billion for its fourth distressed and special situations fund, Carlyle Strategic Partners IV (CSP IV). The fund invests in the debt and equity of companies in the U.S., Europe and Asia experiencing financial, operational or cyclical distress. Carlyle said CSP IV closed at its hard cap and is more than triple the size of the prior fund.
SlamData Inc said Feb. 22 that it raised $6.7 million in a Series A round led by Shasta Ventures. SlamData, of Boulder, Colorado, is an open source analytics company for modern unstructured data.
C3Nano Inc said Feb. 22 that it raised $15 million in equity financing led by existing investor GSR Ventures. New investors included Nissha Printing Co Ltd, Xinjiang Guoli Minsheng Equity Investment Co Ltd, as well as other investors including Phoenix Venture Partners, and several undisclosed investors. C3Nano develops transparent conductive inks and films for the touch sensor and display industry.
Fireman Capital Partners said Feb. 23 that it has sold its portfolio company Skip Hop Inc to Carter’s Inc for $140 million in cash, plus future performance incentives. Skip Hop makes products, like diaper bags, that aim to make parenting easier. McDermott Will & Emery LLP acted as legal advisor to Fireman Capital Partners. Harris Williams & Co served as financial advisor to Skip Hop.
North Castle Partners said Feb. 23 that Jay Galluzzo was named a managing director of the firm. Galluzo, the co-founder and former CEO of Flywheel Sports, was an NCP Operating Advisor.
Greenbriar Equity Group LLC said Feb. 22 that Niall McComiskey was named a managing director.
Carlyle Group said Feb. 22 that it retained Roger Fradin as an operating executive consultant for its industrial & transportation team. Fradin is the former vice chairman of Honeywell International. Fradin will also continue to devote time to various roles outside of the firm, Carlyle said.
Larnabel Ventures and VP Capital have invested $5 million in Banuba. Based in Hong Kong, Banuba develops technologies for augmented reality-enabled mobile applications.
Mike Barry has joined Optanix as CEO. Prior to joining Optanix, Barry was an operating partner at Francisco Partners.
Yukon Partners said Feb. 21 that it promoted Aaron Arnett to principal and David Sampair to director.