PE Hub Staff

Kellwood, a fashion brands company belonging to Florida-based private equity firm Sun Capital Partners, will acquire Zobha, a yoga and fitness apparel manufacturer. The acquisition of the Calif.-based company marks the first activewear business to join Kellwood’s portfolio. Specifics of the deal were not disclosed.

AES Solar, the Virginia-based joint venture between AES Corporation and Riverstone Holdings LLC, just completed a €68 Million financing of a solar photovoltaic project in Italy. The solar power company also has more projects in Greece, France and Bulgaria.

Vringo, the software platform developer for mobile and video applications, closed a private placement of convertible notes for $2.5 million mostly with Benchmark Capital and DAG Ventures, the company announced. Vringo also revealed it will acquire and merge operations with Zlango Ltd, a mobile messaging company. Specifics of the deal were not disclosed.

TrustHouse Services Group, a Charlotte, N.C.-based food services company, has merged with A’viands Food and Services Management, a Roseville, Minneapolis-based wholly owned subsidiary Summit Food Services. According to TrustHouse, the combined company, which focuses primarily on the healthcare, education, and correction sectors, will rank among the top 10 food providers in the U.S. Terms of the […]

Al Borg Laboratories, a medical diagnostics business based in Egypt, has acquired a majority stake in the Jordan-based lab group Biolab. It is the fourth acquisition being made by Al Borg since its own acquisition by Abraaj Capital. The firm, headquartered in Dubai, paid $150 million for a 90 percent stake in Al Borg in […]

RotoMetrics, a Eureka, Missouri-based global seller of rotary dies and other equipment, has acquired Gerhardt International of Herlev, Denmark. Gerhardt is a leading European manufacturer of flexible tooling and related accessories for the converting and printing industries. RotoMetrics is a portfolio company of Morgenthaler Private Equity. Terms of the acquisition were not disclosed. PRESS RELEASE: RotoMetrics, […]

DAG Ventures led a $8.5 million round in taulia Inc., the cloud-based discounting solutions provider for the SAP space. DAG was the lead investor, and is a new investor; Matrix Partners and Trinity Ventures, existing investors, also participated. Josh Hannah, general partner with Matrix, Trinity’s Noel Fenton and Greg Williams, Managing Director of DAG Ventures, worked on the transaction.

Jersey Precast, a Trenton, N.J. company that makes concrete producgts, has been recapitalized through a growth investment from Gemini Investors, Pine Street Capital Partners and Starboard Capital Partners. Allegiance Capital Corp., an investment bank serving the middle market, facilitated the introduction of the investors to the company. Terms of the deal weren’t disclosed. PRESS RELEASE: […]

LucidChart, the California-based web diagramming application, raised $1 million in seed financing from 500 Startups, 2M Companies, K9 Ventures and other angels, the company revealed. LucidChart CEO Karl Sun said the round of seed funding will be used to grow the company’s staff.

America’s governmental institutions face many more changes in the years to come. A major part of the motivation for change is economics, with governments at all levels facing pressure to bring spending into line with reasonable levels of taxation. After the ongoing budget crises are addressed and the rhetoric levels recede, the challenge will be […]