By Eamon Murphy — 2 days ago

Thompson Street Capital Partners completed a recapitalization of Global Software, Inc., a provider of Microsoft Excel-based software headquartered in Raleigh, North Carolina. The transaction closed on May 2, 2016. Deloitte Corporate Finance LLC served as exclusive financial advisor to Global Software.

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MagnaChip Semiconductor Corp. and Engaged Capital reach settlement

By Eamon Murphy — 2 days ago

MagnaChip Semiconductor Corporation entered into a settlement agreement with Engaged Capital, LLC. Under the terms of the agreement, Camillo Martino and Melvin L. Keating will join the company as observers of the board of directors. Based in Korea, MagnaChip makes semiconductor products for high-volume consumer applications.

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PE-owned eVerifile sells customer care division to CEO

By Eamon Murphy — 3 days ago

Railroad workforce safety company eVerifile sold its customer care division, Everifile CS, to CEO Mark Wilson. Bob Ingalls will take over as CEO, and Wilson will merge Everifile CS with Chime Solutions, a contact center outsourcing company based in Morrow, Georgia. Private equity companies Frontier Capital, Magic Johnson Enterprises and Yucaipa Company own eVerifile.

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Azalea invests in dog treat maker Jones Natural Chews

By Eamon Murphy — 4 days ago

Greenville, South Carolina-based Azalea Capital announced an investment in Jones Natural Chews (JNC), in partnership with consumer products executive Michelle Higdon, by The Azalea Fund IV, L.P. JNC makes premium dog treats and chews at its facilities in Rockford, Illinois.

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Amulet buys biopharma clinical trial company SynteractHCR

By Eamon Murphy — 4 days ago

Healthcare private equity firm Amulet Capital Partners acquired SynteractHCR Holdings Corporation. Based outside San Diego, SynteractHCR is an international contract research organization that carries out Phase I-IV clinical trials for biopharmaceutical companies. Terms of the transaction were not disclosed.

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Cathay Capital, founding family recapitalize K’NEX Brands

By Eamon Murphy — 4 days ago

Cathay Capital North America completed a recapitalization of construction toy maker K’NEX Brands. Cathay partnered with K’NEX CEO Michael Araten. Families of the company’s founders, the Aratens and the Talleys, will retain significant ownership in K’NEX’s new holding company, Smart Brands International Co., along with senior management.

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Bregal Sagemount buys Discovery Data

By Luisa Beltran — 4 days ago

Bregal Sagemount said May 25 that it acquired Discovery Data Inc. Financial terms weren’t announced. As part of the deal, Discovery Data also acquired Meridian-IQ. Eatontown, New Jersey-based Discovery Data provides data on retail financial services industry firms and professionals. Meridian-IQ supplies online databases and advisor market information. GrowthCap LLC served as financial advisor to AIQ. Hunton & Williams LLP provided legal counsel to Bregal Sagemount.

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Long Ridge leads $35 mln investment in Carson Group Holdings

By Eamon Murphy — 5 days ago

Long Ridge Equity Partners led a $35 million minority investment in Carson Group Holdings, a provider of wealth management services. Jim Brown and Kevin Bhatt of Long Ridge will join Carson’s board of directors. In addition, Carson Wealth Management Group and Peak Advisor Alliance are reorganizing under a new parent company, Carson Group Holdings.

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