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Blue Wolf wins auction for Palladium-backed Jordan Health: sources

Blue Wolf Capital Partners won an auction for Jordan Health Services after recently submitting a final bid, two sources said. “Blue Wolf was the last man standing,” one of the sources said. Acon Investments LLC also submitted a final bid, the sources said. Palladium Equity Partners put Jordan Health Services up for sale in the fall, according to […]

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AUA Private Equity buys Raymundos Food Group

AUA Private Equity Partners LLC has acquired Raymundos Food Group LLC. Financial terms weren’t announced. Bedford Park, Illinois-based Raymundos makes and markets refrigerated snacks and desserts. McDermott Will & Emery LLP provided legal advice to AUA Equity, and Wintrust Financial Corp provided financing.

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OwnBackup raises $3.5 mln

OwnBackup said Thursday it closed a 3.5 million Series A financing round led by Eric Schmidt’s Innovation Endeavors with participation from Oryzn Capital. OwnBackup, of Fort Lee, New Jersey and Herzliya Pituach, Israel, is a cloud-to-cloud backup and recovery vendor.

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Marín joins Cerberus

Cerberus Capital Management LP said Thursday that Jose Luis Marín has joined the firm as Chairman of the firm’s renewable energy investments business. He was previously CEO of Endesa Diversificación and President and CEO of Endesa Red. Cerberus also said it completed its buy of Renovalia Energy SA from the Ortega Family and IDM Ortemar. Renovalia operates in six countries and has more than 650 megawatts of power generation under management along with a global development pipeline of wind farms and solar PV plants. Watson Farley & Williams LLP and Ashurst LLP provides legal advice to Cerberus. KPMG provided financial advice to Cerberus. Bird & Bird LLP provided legal advice to Renovalia.

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Vertical / Trigen completes merger with Osmotica

Vertical / Trigen Holdings LLC, a portfolio company of Avista Capital Partners, has closed its merger with Osmotica Holdings Corp Ltd. Financial terms weren’t announced. Vertical / Trigen and Osmotica are both pharmaceutical companies. The deal was announced in December.

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Neuberger Berman sells CapitalAnalytics

MUFG Investor Services, the global asset servicing group of Mitsubishi UFJ Financial Group, has agreed to buy CapitalAnalytics from Neuberger Berman. Financial terms weren’t announced. Dallas-based CapitalAnalytics provides private equity fund administration services for GPs and portfolio administration services for LPs.

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Jump joins Breakaway

Breakaway said Wednesday that Tom Jump has joined as President. Jump was previously EVP and Global Director at Leo Burnett Worldwide.

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EQT to sell Energy from Waste

EQT has agreed to sell Energy from Waste to Beijing Enterprises Holding. Financial terms weren’t announced. Energy from Waste, of Germany, produces electricity, district heating and process steam for industrial use. Morgan Stanley advised EQT.

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HIG closes sale of Media Properties stake

H.I.G. Growth Partners said Thursday it completed the sale of its stake in Media Properties Holdings to Cannella Response Television. Financial terms weren’t announced. The deal was announced Jan. 28. Media Properties owns media companies – AdMore and REVShare– that provide media buying, creative, lead generation and CPA TV advertising. ZMC, Palladium Equity Partners and Veronis Suhler Stevenson will continue as investors. Petsky Prunier Securities advised Media Properties.

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Geofeedia raises $17 mln

Geofeedia said Wednesday it raised $17 million, including a $15 million investment from Silversmith Capital Partners. Existing investors participated in the round. Chicago-based Geofeedia is a location-based intelligence platform. GCA Savvian provided financial advice to the company.

Grapeshot raises $8.5 mln

Grapeshot said Wednesday it raised $8.5 million in funding co-led by IQ Capital and Draper Espirit. Existing investor Albion Ventures are participated. Grapeshot, of New York, London and Singapore, is a keyword technology provider.

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Audax Private Equity buys Preferred Compounding

Audax Private Equity has acquired Preferred Compounding from Wingate Partners. Financial terms weren’t announced. Barberton, Ohio-based Preferred develops and makes elastomeric compounds in North America.

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Ship Supply buys Alliance Supply Management

Ship Supply International, a portfolio company of H.I.G. Capital, has acquired Alliance Supply Management. Financial terms weren’t announced. Houston-based Alliance is a port logistics business that provides last-mile delivery of required deck & engine maintenance products and critical perishable goods to commercial vessels throughout the U.S. Gulf Coast.

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Esentire raises $19.5 mln

Esentire Inc said Wednesday that it raised $19.5 million co-led by Edison Partners and Georgian Partners. Cisco Investments, Northleaf Ventures Catalyst Fund and Information Venture Partners II LP also invested. Esentire, of Cambridge, Ontario, provides managed cybersecurity services.

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Carfoldio raises $1.5 mln

Carfoldio has raised $1.5 million in funding led by Sweet Capital. Other investors in the round include Joe Stelzer, Founder of Silver Cloud Ventures Ltd; Riccardo Zacconi, CEO of King Digital Entertainment and Howard Socol, former CEO of Barneys, New York and JCREW, along with many of the original seed investors. Carfoldio is known for the mifold, a compact and portable child car safety seat.

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Panorama Point seeks $200 mln for Fund II

Panorama Point Partners, the growth private equity firm founded by Stephen George, is seeking $200 million for its second fund, a source said. Marketing for Panorama Growth Partners LP began in mid-January, the source said. The pool will have an investment window of four years and an overall term of 10 years, that’s extendable to […]