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Roper Industries has acquired health care services and technology company Managed Health Care Associates Inc. Terms of the deal were not released. PRESS RELEASE Managed Health Care Associates, Inc. (“MHA”), a leading health care services and technology company focused on alternate site providers, is pleased to announce that it has been acquired by Roper Industries. […]
Summit Partners has backed San Francisco-based specialty coffee retailer Philz Coffee. The firm made a “minority growth equity investment” in Philz Coffee. Specific terms of the deal were not released.
Square 1 Bank announced that Rilus Graham has relocated to Seattle to grow the bank's life sciences practice in the Pacific Northwest. Graham will manage the region's existing life sciences portfolio and establish new connections in the area, the firm said.
Park-Ohio Holdings Corp. has acquired Bates LLC from NYX Inc. Based in Lobelville, Tennessee, Bates is a manufacturer of tight tolerance automotive hoses and industrial gaskets. Terms of the deal were not released.
Pearson Candy Co., a portfolio company of Brynwood Partners VI L.P., has acquired the Bit-O-Honey brand from Nestlé USA Inc. Terms of the deal were not released.
SK Capital Partners has closed its acquisition of the Antioxidant and UV Stabilizer Solutions business of publicly traded Chemtura Corp. The newly independent company will be named Addivant. Terms of the deal were not released.
Buyout shop J.W. Childs Associates has promoted Todd Fitzpatrick from Vice President of Finance to Chief Financial Officer and Hemanshu Patel from Senior Associate to Vice President, the firm announced Wednesday. The firm also recently added Jeffrey Miller as a Vice President. Miller joined from Sawaya Segalas & Co., a New York-based investment bank.
Shutterfly Inc., the publicly traded maker of personalized photography products and services, has snapped up MyPublisher, a maker of photo book software. Terms of the deal were not disclosed.
Shazam, maker of the smartphone music app, has named Rich Riley Chief Executive Officer. Andrew Fisher, who has led Shazam as CEO since 2005, will now take a newly created position of Executive Chairman. John Pearson who has been Chairman of the Board since 2006 will become a Non-Executive Director and remain on the board, the company said. Shazam investors include Kleiner Perkins Caufield Byers, DN Capital, Institutional Venture Partners and Acacia Capital.
Clean Power Finance, an online marketplace for distributed solar financing, has named Michael Pope as chief financial officer. He joins from MarketTools.com, where he was COO and CFO. Prior to MarketTools.com, Michael served as VP for the office of the CEO of BearingPoint and as president and COO of Network General.