HKW buys Xirgo

By Iris Dorbian — 3 hours ago

Hammond, Kennedy, Whitney & Company Inc has acquired Camarillo, California-based Xirgo Technologies Inc, a provider of wireless telematics modules for tracking, monitoring, protecting and controlling remote assets and workers supporting the internet of things sector. No financial terms were disclosed.

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Oaktree invests in Sterling Lumber

By Iris Dorbian — 3 hours ago

Oaktree Capital Management LP has made an undisclosed investment in Sterling Lumber Company. Based in Phoenix, Illinois, Sterling is a provider of timber mats and ground protection solutions for energy, power and infrastructure sectors.

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HTT racks up $31.8 mln

By Iris Dorbian — 3 hours ago

Hyperloop Transportation Technologies Inc, which is focused on removing barriers of speed and congestion in transportation, has raised $31.8 million in funding. The backers included EdgeWater Investments.

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Hastings acquires IMPACT!

By Iris Dorbian — 4 hours ago

Hastings Equity Partners has acquired Midland, Texas-based IMPACT! Chemical Technologies, a provider of specialty chemicals for oil and gas production and midstream companies. No financial terms were disclosed. Riveron Consulting LLC advised Hastings on the transaction.

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Riata recaps specialty retailer WSS

By Iris Dorbian — 5 hours ago

Riata Capital Group has recapitalized Los Angeles-based WSS, an Hispanic-focused specialty retailer of athletic, fashion and work-related footwear and accessories. No financial terms were disclosed.

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Audax acquires Silver Oak’s stake in Accent Food Services

By Iris Dorbian — 24 hours ago

Silver Oak Services Partners LLC has sold its stake in Accent Food Services to Audax Private Equity. No financial terms were disclosed. Lincoln International and Locke Lord LLP served as financial advisers to Silver Oak on the transaction. Austin-based Accent Food Services is a provider of fresh food snacks and break room refreshment services.

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Rockbridge Growth Equity exits Purchasing Power

By Iris Dorbian — 1 day ago

Flexpoint Ford LLC has acquired Atlanta-based Purchasing Power, a voluntary benefit company. The sellers was Rockbridge Growth Equity. No financial terms were disclosed. Lazard Middle Market LLC served as lead financial adviser to Purchasing Power with Jefferies LLC also providing financial advice.

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Clarion acquires Madison Logic

By Iris Dorbian — 1 day ago

Clarion Capital Partners has acquired New York City and London-based Madison Logic Inc, a provider of a B2B marketing technology platform. No financial terms were disclosed. Madison Logic CEO Tom O’Regan and co-founders Vin Turk and Chairman Erik Matlick will retain an ownership stake in the firm. Petsky Prunier served as financial adviser to Madison Logic on the deal.

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Vista completes take-private buyout of Cvent for $1.65 bln

By Iris Dorbian — 2 days ago

Vista Equity Partners has closed its take-private acquisition of Cvent Inc, an enterprise event management company, for $1.65 billion. Reggie Aggarwall will continue on as CEO and president of Cvent. As a result of the transaction, Cvent’s stock stopped trading on the New York Stock Exchange on November 29, 2016.

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