Goldman Sachs, Vestar sell Hearthside to Charlesbank and Partners Group

By Iris Dorbian — 1 day ago

Goldman Sachs and Vestar Capital have closed the sale of Downers Grove, Illinois-based Hearthside Food Solutions, a producer of grain-based food and snack products for top brands. The buyers are Charlesbank Capital Partners and Partners Group. No financial terms were disclosed. Davis Polk & Wardwell LLP provided legal advice to Goldman Sachs and Vestar on the deal.

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SEP invests in GoGuardian

By Iris Dorbian — 1 day ago

Sumeru Equity Partners has made an investment in GoGuardian, a Chromebook management software provider for schools. No financial terms were disclosed. Vista Point Advisors served as financial adviser to GoGuardian. In addition to the funding, GoGuardian has named Tony Miller, former Deputy Secretary to the U.S. Department of Education, to its board.

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Bain Capital buys World Wide Packaging

By Iris Dorbian — 1 day ago

Bain Capital Private Equity has acquired World Wide Packaging, a former portfolio company of ShoreView Industries. No financial terms were disclosed. Based in Florham Park, New Jersey, WWP is a provider of packaging for the health and beauty industry. BlackArch Partners provided financial adviser to ShoreView on the deal.

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Electra Private Equity goes on the block: Dow Jones

By Luisa Beltran — 1 day ago

Electra Private Equity has put itself up for sale, Dow Jones is reporting. Electra, of London, said it has held discussions over certain parts of its investment portfolio, the story said. Electra is listed on the LSE. It expects to communicate the outcome of the process no later than September, the story said.

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Riverside backs Destiny Solutions

By Iris Dorbian — 2 days ago

The Riverside Company has made an investment in Destiny Solutions, a provider of student lifecycle management software for higher education institutions. No financial terms were disclosed. Jones Day, Cassels Brock, Deloitte and West Monroe Partners advised Riverside on the deal while Saratoga Investment Corp provided the funding.

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Aquiline buys RIA in a Box

By Iris Dorbian — 2 days ago

Aquiline Capital Partners LLC has acquired RIA in a Box LLC, a software-as-a-service provider of compliance solutions for the registered investment adviser sector. No financial terms were disclosed. Marlin & Associates advised Aquiline. UPDATE: Brendan Ryan, Garrett DeNinno and Graham Hurtt of Raymond James & Associates advised RIA in a BoX.

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Hg and ICG invest in IRIS

By Iris Dorbian — 2 days ago

Hg Saturn Fund and Intermediate Capital Group have made an investment in IRIS, a provider of software and services for the UK accounting, education and business market. No financial terms were disclosed. DC Advisory, Linklaters and OC&C advised Hg Saturn on the deal while Arma Partners, Skadden, Deloitte and Bain & Co advised IRIS.

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Madison Dearborn to buy Sirva from Aurora Resurgence and EGI

By Iris Dorbian — 2 days ago

Madison Dearborn Partners has agreed to acquire Illinois-based Sirva, a global relocation and moving service provider. The sellers are Aurora Resurgence and Equity Group Investments. No financial terms were disclosed. Goldman Sachs was financial adviser to Sirva with Weil, Gotshal & Manges LLP acting as legal adviser. And, Kirkland & Ellis LLP provided legal advice to MDP.

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