XPND sells Lumenpulse stake

XPND Capital said Friday it had sold its stake in Lumenpulse. Financial terms were not announced. Montreal-based Lumenpulse makes architectural LED-based lighting.


Paine & Partners to exit Icicle Holdings

Paine & Partners LLC said Friday that it has agreed to sell Icicle Holdings to Convergence Holdings Inc. and to Dominion Catchers LLC. Financial terms weren’t announced. Convergence is buying Icicle’s land-based wild seafood processing and farmed salmon activities, while Dominion will acquire the company’s harvesting and processing vessels as well as the associated fishing rights. Seattle-based Icicle processes seafood including wild salmon, pollock, halibut, cod, sablefish and herring in fisheries throughout Alaska, with both on-shore and floating processing facilities.


Carlyle invests $120 mln in Shanghai ANE Logistics

The Carlyle Group said Sunday it had agreed to invest about $120 million in into Shanghai ANE Logistics Ltd. Shanghai-based ANE provides road transportation and delivery services for cargos between 15 kilograms and three tons. Equity for the transaction will come from Carlyle Asia Partners IV.


Insight Venture Partners to buy Fourth

ECI Partners has agreed to sell a majority stake of Fourth to Insight Venture Partners. Financial terms weren’t announced. London-based Fourth provides cloud-based (SaaS) cost control solutions to the hospitality industry. Jefferies advised Fourth/ECI Partners.


Olympus exits Pepper Dining

Olympus Partners has sold Pepper Dining to Brinker International. Financial terms weren’t announced. Pepper Dining is a Chili’s franchisee that operates 103 restaurants on the East Coast.


Neuberger Berman to buy Merrill Lynch Alternative’s fund of funds business

Neuberger Berman said Thursday that it has agreed to buy the private equity fund of funds business of Merrill Lynch Alternative Investments LLC. Key private equity professionals from Merrill Lynch will also be joining Neuberger Berman. The transaction is expected to close in August. Merrill Lynch Alternative Investments LLC is the alternative investment business of Bank of America Corp.


ABRY invests in Hilb Group

ABRY Partners has invested in The Hilb Group LLC. Financial terms weren’t announced. BHMS Investments LP is the seller. The current Hilb management team and its employee shareholders will remain significant shareholders alongside ABRY. Richmond, Virginia-based Hilb Group is a middle market insurance agency.


Matrix leads $12mln round for PayRange

Matrix Partners has led a $12 million Series A round for PayRange. San Jose, California-based PayRange enables vending machines to accept any form of payment, from credit card to Apple Pay.


Cathay Capital invests in SeaOwl

Cathay Capital Private Equity said Friday it had invested in SeaOwl Group. Financial terms weren’t announced. Financial terms weren’t announced. SeaOwl provides technical assistance, facility and ship management services to major oil and gas companies as well as to the French government.


Century Park Capital invests in Covercraft

Century Park Capital Partners has invested in Covercraft Industries via recapitalization. Financial terms weren’t announced. Pauls Valley, Oklahoma-based Covercraft provides automotive exterior and interior protection products. Texas Capital Bank and PNC Erieview provided the debt financing.


Alarm.com IPO raises $98 mln

Alarm.com Holdings Inc. raised $98 million when it priced 7 million shares at $14 each. Alarm.com is offering all of the shares. Shares are expected to trade Friday on the Nasdaq under the ticker “ALRM.” Vienna, Virginia-based Alarm.com provides a connected home platform solution. Backers include ABS Capital and Technology Crossover Ventures.

Deliv buys WeDeliver

Deliv said Wednesday it has acquired WeDeliver. Financial terms weren’t announced. Chicago-based WeDeliver provides same-day delivery for local merchants. Deliv, of Menlo Park, California, is also a same-day delivery company backed by investors including General Catalyst Partners, Institutional Investors and Operators Fund.


Zimmer closes $14 bln Biomet buy

Zimmer Holdings said Wednesday it has closed its $14 billion buy of Biomet. Zimmer has changed its corporate name to Zimmer Biomet Holdings Inc. The sale to Zimmer, announced in April 2014, provided an exit for PE firms Blackstone, Goldman Sachs PE group, KKR and TPG Capital, which invested in Biomet in 2007.


Arcadia Healthcare buys Sage Technologies

Arcadia Healthcare Solutions said Wednesday it has acquired Sage Technologies. Financial terms weren’t announced. Existing Arcadia investors are helping fund the deal along with new investors led by Peloton Equity. Morgan Stanley Alternative Investment Partners, Zaffre Investments and Escalate Capital Partners also participated. Rockford, Illinois-based Sage is an Electronic Health Record (EHR) data aggregation and analytics technology company.

Monroe Capital provides financing to Pure Barre

Monroe Capital said Thursday it has provided a loan to support the investment in Pure Barre by an unnamed private equity firm. Financial terms weren’t announced. In May, Catterton Partners made a “significant’ growth investment in Pure Barre, which provides fitness classes that are mix of ballet, pilates and resistance training.


Apollo closes $200 mln investment in CH2M

Apollo Global Management LLC has closed its $200 million investment in CH2M. The deal was announced in May. The agreement calls for Apollo to invest another $100 million in a year. Based in Englewood, Colorado, CH2M is a provider of critical infrastructure and natural resource solutions.

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