Ascension Insurance buys Belvedere Pacific Insurance

Ascension Insurance Inc. has acquired Belvedere Pacific Insurance Services Inc. Financial terms weren’t announced. Corte Madera, California-based Belvedere is an employee benefits and insurance brokerage firm. Ascension is a portfolio company of Parthenon Capital and Century Capital Management.

WME|IMG to buy Professional Bull Riders

WME|IMG said Wednesday that it has agreed to buy the Professional Bull Riders Inc. Financial terms weren’t announced. Pueblo, Colorado-based Professional Bull Riders is a bull riding circuit that features more than 300 bull riding events globally. WME|IMG is backed by Silver Lake.

AIG takes minority stake in K2 Intelligence

American International Group Inc. said Wednesday that it has acquired a minority stake in K2 Intelligence. Financial terms weren’t announced. New York-based K2 is an investigative consultancy that provides expertise on cyber investigations and defense, anti-money laundering and regulatory compliance, complex investigations and disputes, data analytics and visualization, and integrity monitoring and compliance.


PE-backed Matomy acquires Avenlo

Israeli digital advertising company Matomy Media Group has acquired a controlling stake in Avenlo, a Toronto-based email optimization platform provider. No financial terms were disclosed. Matomy’s shareholders include Viola Private Equity.

Riverside-backed Spectrio acquires MOHPlus

Spectrio, a portfolio company of The Riverside Company, has closed its buy of Message On Hold Plus. No financial terms were disclosed. Based in Greensboro, North Carolina, MOHPlus is a provider of on-hold marketing messaging.


Windjammer exits Caplugs

Windjammer Capital Investors has sold its stake in Protective Industries Inc (“Caplugs”) to Berwind Consolidated Holdings Inc. No financial terms were disclosed. Houlihan Lokey provided financial advice to Caplugs on the transaction. Based in Buffalo, New York, Caplugs is a maker of plastic protection products.


VC-backed Engine Yard acquires OpDemand

Engine Yard has bought OpDemand, a maker of Deis, an open source application platform for Docker. No financial terms were disclosed. Engine Yard is backed by Benchmark, New Enterprise Associates, Oracle and Amazon.

Relativity Capital sells MHF to PE-backed EnergySolutions

EnergySolutions LLC, which is backed by Energy Capital Partners, has acquired MHF Services from Relativity Capital. No financial terms were disclosed. Based in Pittsburgh, MHF is a provider of specialized logistical solutions related to the movement of environmentally sensitive materials. Houlihan Lokey served as financial advisor to Relativity Capital and MHF on the transaction.

VC-backed Localytics buys Splitforce

Localytics has acquired Splitforce, an automated optimization tool for mobile apps. No financial terms were disclosed. Localytics’ backers include Sapphire Ventures, Foundation Capital and Polaris Partners.

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