VC-backed StellaService buys ICC

By Iris Dorbian — 1 day ago

StellaService Inc has acquired ICC/Decision Services, a provider of customer experience management services. No financial terms were disclosed. Sperry, Mitchell & Company provided financial advice to ICC on the transaction. StellarService’s backers include Comcast Ventures, Toba Capital, Battery Ventures, Gotham Ventures, RRE Ventures and Norwest Venture Partners.

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Genstar-backed Accruent buys Verisae

By Iris Dorbian — 2 days ago

Genstar Capital portfolio company Accruent has acquired Minneapolis-based Verisae Inc, a provider of cloud-based solutions that connect facilities and assets to the maintenance and service network through the internet of things. No financial terms were disclosed. Verisae was backed by Marlin Equity Partners.

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Accenture to buy Kurt Salmon

By Luisa Beltran — 3 days ago

Accenture said Sept. 22 that it agreed to buy Kurt Salmon for total gross cash consideration is $165 million. Management Consulting Group is the seller. Kurt Salmon is a strategy consulting firm focused on the retail industry.

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Allergan buys VC-backed Akarna

By Iris Dorbian — 4 days ago

Allergan plc has acquired Akarna for $50 million. Moelis & Company LLC served as financial adviser to Akarna. Based in San Diego and the UK, Akarna is a biopharmaceutical company focused on inflammatory and fibrotic diseases for which there is no approved treatment. Akarna’s backers included Forbion Capital Partners, New Science Ventures LLC and Third Point Ventures.

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Ardian-backed Solina to acquire New Ivory

By Iris Dorbian — 4 days ago

Ardian-based Solina Group has agreed to buy New Ivory, a maker of culinary sauces, from majority stakeholder Rob Whitehead. No financial terms were disclosed. Oghma Partners, Eversheds and EY advised Solina on the transaction while Walker Morris and Grant Thornton advised Whitehead.

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Carlyle-backed JenCap buys M.J. Kelly Company

By Iris Dorbian — 5 days ago

JenCap Holdings LLC, which is backed by The Carlyle Group, has acquired Springfield, Missouri-based M.J. Kelly Company, an insurance brokerage. No financial terms were disclosed. PhiloSmith & Company provided financial advice to MJK on the transaction.

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Two Atlantic Street portfolio companies close transactions

By Iris Dorbian — 5 days ago

Atlantic Street Capital portfolio company Fast Sandwich LLC has bought Orlando-based JTY Investments, a Jimmy John’s franchisee. Also, another Atlantic Street portfolio company EZE Truck Holdings Investments has merged with Randolph, New Jersey-based Farren International LLC, a provider of transportation and rigging services. No financial terms were disclosed for either transaction.

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Oracle buys VC-backed Palerra

By Alastair Goldfisher — 6 days ago

Oracle announced it has agreed to buy venture-backed Palerra for an undisclosed price. The Santa Clara, California-based provider of enterprise cloud security had raised $25 million in funding from August CapitalNorwest Venture Partners, Wing Venture Capital and Engineering Capital.

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Audax exits Laborie

By Iris Dorbian — 1 week ago

Audax Private Equity has sold Laborie Medical Technologies Inc to Patricia Industries, a subsidiary of Investor AB. No financial terms were disclosed. Jefferies LLC and Harris Williams & Co. served as financial advisers to Laborie and Audax on the transaction. Mississauga, Ontario-based Laborie is a provider of medical devices for urological, pelvic health and gastrointestinal applications.

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