Starwood Energy to acquire Pennsylvania generating assets

By Iris Dorbian — 12 hours ago

Starwood Energy Group Global has agreed to buy NextEnergy Resource‘s ownership stake in its Pennsylvania-based Marcus Hook generating assets. The total consideration of the deal is $760 million. Barclays is providing financial advice to NextEra Energy Resources on the transaction that’s expected to close in the fourth quarter of this year.

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BC Partners and PSP Investments to take majority stake in Keter

By Iris Dorbian — 1 day ago

BC Partners and Public Sector Pension Investment Board have agreed to acquire Israel-based Keter Group, a resin consumer products provider. Keter’s founders, the Sagol family, will retain a minority stake and reinvest alongside BC Partners. No financial terms were disclosed. UBS and J.P. Morgan served as M&A advisers to BC Partners and PSP Investments.

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OMERS and Harvest Partners to take Epiq private in $1 bln buyout

By Iris Dorbian — 3 days ago

OMERS Private Equity and Harvest Partners LP have agreed to acquire Epiq Systems Inc for $16.50 per share in cash or about $1 billion. Epiq will be combined with DTI, a legal processing outsourcing company, which is owned by OMERS. Credit Suisse Securities (USA) LLC is providing financial advice to Epiq Systems on the transaction while Wells Fargo Securities is doing likewise for DTI and OMERS Private Equity. Bank of America Merrill Lynch is acting as financial adviser to Harvest Partners. Epiq will stop trading on the NASDAQ after the deal closes, which is expected in the fourth quarter of this year. Based in Kansas City, Kansas, Epiq is a provider of integrated technology and services for the legal sector.

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O2 invests in CCSI Networks

By Iris Dorbian — 3 days ago

O2 Investment Partners has made a undisclosed “significant” investment in CCSI Networks. Based in Broadview, Illinois, CCSI Networks is a provider of wireless network deployment services for the telecommunications sector.

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Petra invests $10 mln in BP3 Global

By Eamon Murphy — 3 days ago

Nashville-based Petra Capital Partners, LLC invested $10 million in business process software provider BP3 Global. The capital will be used to accelerate the development of BP3’s Brazos decision management platform.

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Marlin provides funding to Tidemark

By Iris Dorbian — 3 days ago

Tidemark has secured an undisclosed amount of growth equity funding from Marlin Equity Partners. Based in Redwood, California, Tidemark is a provider of enterprise performance management software.

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