EQT to buy Clinical Innovations: WSJ

By Luisa Beltran — 12 mins ago

EQT is buying Clinical Innovations for about $250 million, the Wall Street Journal is reporting. The Pritzker Group is the seller, the story said. Clinical Innovations, of Salt Lake City, makes suctions and other devices used during women’s labor and the delivery of babies.

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Lovell Minnick to buy Tortoise Investments

By Luisa Beltran — 31 mins ago

Lovell Minnick Partners said Oct. 18 that it has agreed to buy Tortoise Investments. Financial terms weren’t announced. Management and employees will retain a stake. Sellers include Mariner Holdings and retiring Tortoise co-founders. Tortoise, of Leawood, Kansas, is an energy investment manager. UBS and Credit Suisse are providing debt financing.

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777 Partners recaps ML Healthcare

By Iris Dorbian — 17 hours ago

777 Partners has recapitalized Atlanta-based ML Healthcare, which helps provide medical funding to those who are uninsured or underinsured. No financial terms were disclosed. Croft & Bender served as financial adviser to ML Healthcare on the transaction.

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Aurora acquires VLS Recovery Services

By Iris Dorbian — 19 hours ago

Aurora Capital Partners has acquired Hockley, Texas-based VLS Recovery Services LLC, a provider of specialty cleaning and waste processing services. No financial terms were disclosed. Duff & Phelps served as financial adviser to VLS while Ares Capital Corporation and Varagon Capital Partners provided debt financing for the transaction.

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Apollo to take majority stake in Catalina

By Iris Dorbian — 19 hours ago

Apollo Global Management has agreed to acquire a majority stake in Catalina Holdings (Bermuda) Ltd, a consolidator in the non-life insurance/reinsurance run-off sector. No financial terms were disclosed. The deal is expected to close in the first quarter of this 2018. As a result of the deal, Caisse de dépôt et placement du Québec and Ontario Teachers’ Pension Plan will exit their stakes in Catalina. Barclays, JP Morgan and Allen & Overy advised Catalina on the transaction while Sidley Austin advised Apollo.

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Siris to buy Intralinks for about $1 bln

By Iris Dorbian — 21 hours ago

Siris Capital Group has agreed to acquire Intralinks, a provider of secure data sharing and enterprise collaboration solutions, for about $1 billion in consideration. In addition to the acquisition, Siris has agreed to invest $185 million of equity into Synchronoss, the parent company of Intralinks. Evercore, Macquarie Capital, Moelis & Company LLC and RBC Capital Markets are acting as financial advisers to Siris.

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Pelican invests in Gordon Technologies

By Iris Dorbian — 21 hours ago

Pelican Energy Partners has made a “significant” investment in Scott, Louisiana-based Gordon Technologies, a provider of measurement-while-drilling technology for the oil and gas industry. No financial terms were disclosed.

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Littlejohn to buy Strategic Materials

By Iris Dorbian — 21 hours ago

Littlejohn & Co. LLC has agreed to acquire Houston-based Strategic Materials, an environmental services company and glass recycler. The sellers were Willis Stein & Partners and Vision Capital. No financial terms were disclosed. The deal is expected to close in November 2017. Moelis & Company LLC and Houlihan Lokey Inc are serving as financial advisers to Strategic Materials on the transaction.

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HCAP exits Protect Plus Air

By Luisa Beltran — 1 day ago

HCAP Partners said Oct. 17 that it has exited Protect Plus Air Holdings LLC (PPAH). Financial terms weren’t announced. PPAH makes and distributes residential filters used in air conditioners and heating units. In September, HKW said it had recapitalized PPAH.

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Summit buys majority of Harvey Performance

By Luisa Beltran — 1 day ago

Summit Partners has acquired a majority stake in Harvey Performance Co. Financial terms weren’t announced. Harvey Performance, of Rowley, Massachusetts, provides products and services to increase productivity for customers in the manufacturing and metalworking industries. Piper Jaffray provided financial advice to Harvey, while Kirkland & Ellis and Ernst & Young LLP advised Summit.

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SFW Capital invests in DZone

By Luisa Beltran — 1 day ago

SFW Capital Partners said Oct. 17 that it has invested in DZone Inc. Financial terms weren’t announced. DZone, of Cary, North Carolina, operates DZone Media and AnswerHub. DZone provides a platform for software developer focused technical content, as well as knowledge and community management solutions for technology organizations.

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