Liaw to join Copart Inc.

Copart Inc. said Monday that Jeffrey Liaw has agreed to become Copart’s SVP of Finance and CFO, effective Jan. 4. William Franklin, currently Copart’s EVP and CFO, will continue his role as EVP responsible for U.S. operations and shared services. Liaw was previously CFO of FleetPride Inc. He was also a principal at TPG Capital Management LP from 2005 to 20012.

Monroe boosts loan to Cal Net Technology Group

Monroe Capital said Tuesday it increased a loan to Cal Net Technology Group to support its buy of Alpha Actual LLC. Financial terms weren’t announced. Cal Net is a portfolio company of Boathouse Capital and Olympic Valley Capital. Los Angeles-based Alpha is a small regional Managed Service Provider serving small and medium sized accounting, financial services and legal firms.

H.I.G. Capital invests in Italian real estate

H.I.G. Capital said Tuesday that it invested, through an Italian securitization, in a portfolio of non-performing loans in Italy. The loans were backed by a mixture of residential and commercial real estate mainly in the regions of Emilia-Romagna, Lombardy and Tuscany. Financial terms weren’t disclosed.


Partners Group buys Aiyingshi stake

Partners Group has acquired a minority stake in Aiyingshi. Financial terms weren’t announced. China New Enterprise Investment (CNEI) and two other existing shareholders were the sellers. Shanghai-based Aiyingshi is a Maternity, Baby & Child retailer selling products including baby formula, diapers, toiletries, toys, strollers, and baby clothes.


Mad Mobile buys KidoZen

Mad Mobile Inc. said Monday it acquired KidoZen Inc. Financial terms weren’t announced. Tampa, Florida-based KidoZen, which raised $6 million in VC funding, provides an enterprise mobile app platform for end-to-end mobile application management.


Sheridan Legacy Group invests in Smile Doctors

Sheridan Legacy Group said Monday it invested in Smile Doctors. Financial terms weren’t announced. The Thurston Group also invested. Austin-based Smile Doctors provides management services to orthodontic practices focused on both adults and children in Texas and Georgia. Twin Brook Capital Partners provided financing.

Calverton Holdings buys Kerkhoff Associates

Calverton Holdings has acquired Kerkhoff Associates Inc. Financial terms weren’t announced. Otterbein, Indiana-based Kerkhoff makes purpose-built structural components and related wood and steel products for residential, commercial, and agricultural construction applications.


QualaWash buys Gator Environmental & Rentals Inc.

QualaWash Holdings LLC, a portfolio company of Roark Capital, acquired Gator Environmental & Rentals Inc. Financial terms weren’t announced. Port Allen, Louisiana-based Gator provides waste water collection, transportation and disposal services along with industrial and container cleaning and equipment rental throughout the state.


HealthCrowd raises $2.1 ln

HealthCrowd said Monday that it raised $2.1 million in additional seed funding. Participating investors included Startup Capital Ventures, Herlitz Capital, Healthy Ventures, Band of Angels, Berkeley Angel Network, and 37 Angels. San Mateo, California-based HealthCrowd provides a unified enterprise communications platform for payers.


CVC, CPPIB to buy Petco for $4.6 bln

Petco Animal Supplies Inc. said Monday that CVC Capital Partners and Canada Pension Plan Investment Board have agreed to buy the pet retailer for about $4.6 billion. TPG and Leonard Green & Partners are the sellers. San Diego-based Petco is a specialty retailer of premium pet food, supplies and services. Goldman, Sachs & Co. and J.P. Morgan Securities LLC are acting as financial advisors to Petco. Barclays, Citigroup and Moelis acted as lead financial advisors to CVC and CPPIB.  Barclays, Citigroup, Barclays, Royal Bank of Canada, Credit Suisse, Nomura and Macquarie provided committed debt financing to CVC and CPPIB.

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Crestview wins RS Investments auction: sources

Crestview Partners has won the auction for RS Investments, two sources said. Crestview is expected to merge RS with portfolio company Victory Capital. It’s not clear how much Crestview is paying but press reports pegged the sale of RS at up to $275 million. Guardian Life Insurance Company of America put RS Investments up for […]


SportPursuit.com raises $14.37 mln

SportPursuit.com said Monday that it raised $9.5 million pounds(US$14.37 million) from Scottish Equity Partners, Grafton Capital and Draper Esprit. London-based SportPursuit.com operates flash sales of sports gear, which last up to a week.


Atlas Holdings exits Pangborn Group

United Generations LLC said Friday that it has acquired Pangborn Group from Atlas Holdings LLC. Financial terms weren’t announced. Fairburn, Georgia-based Pangborn designs, makes and supplies surface preparation equipment and related aftermarket parts and services. McNally Capital acted as financial advisor to United Generations.

Happy business man giving okay sign while sitting at desk

Centana Growth closes first deal from debut fund

Centana Growth Partners, the firm founded by ex-FTV Capital executives, has completed its first deal. Blueprint Software Systems Inc on November 17 announced it secured $23 million in a round led by Centana. Toronto, Ontario-based Blueprint provides application lifecycle management software for customers in sectors including financial services and healthcare. The deal is the first investment […]


McCarthy Capital exits Benaissance

McCarthy Capital said Thursday it sold its stake in Benaissance to Wex Inc. Financial terms weren’t announced. Omaha-based Benaissance provides software-as-a-service (SaaS) technologies and services for healthcare premium billing, payment and workflow management. Wex, in a separate statement, said it completed the acquisition of Benaissance.


TCV leads $75 mln Series B for Datto

Datto has raised $75 million in Series B funding led by Technology Crossover Ventures. Norwalk, Connecticut-based Datto provides data backup, recovery and business continuity solutions.


PresenceLearning raises $25 mln

PresenceLearning Inc. has raised $25 million in Series C funding led by Catalyst Investors. Existing investors Birchmere Ventures, Blue Heron Capital, Catamount Ventures and New Markets Venture Partners also participated in the round. Catalyst Partner & Co-Founder Ryan McNally has joined the company’s board of directors. San Francisco-based PresenceLearning provides live online speech therapy.