Leeds Equity-backed iModules Software buys OrgSync

iModules Software, a portfolio company of Leeds Equity Partners LLC, has acquired OrgSync. No financial terms were disclosed. Based in Dallas, OrgSync is a provider of student community management solutions for higher education.

VC-backed Avalara buys HotSpot Tax

Avalara has acquired HotSpot Tax Inc, which provides tax compliance solutions for the vacation rental sector. No financial terms were disclosed. Avalara’s backers include Sageview Capital, Battery Ventures, Warburg Pincus, Technology Crossover Ventures and Arthur Ventures.

PE-backed Accella buys IPS

Accella Performance Materials Inc, which is backed by Arsenal Capital Partners, has acquired IPS Polymer Systems Inc. No financial terms were disclosed. Based in in Rancho Cucamonga, California, IPS is a provider of polyurethane technology.

Harrison Gypsum buys J.A. Jack & Sons

Harrison Gypsum, which is backed by H.I.G. Capital, has acquired J.A. Jack & Sons Inc. Financial terms weren’t announced. J.A. Jack is a miner and processor of limestone products, sold into building products, glass, plaster, agriculture, animal nutrition, and coatings applications.

ABRY to exit e-shelter

NTT will buy nearly 87 percent of e-shelter from ABRY Partners and Investa Holdings GmbH. Financial terms weren’t announced. Investa will retain a significant holding. Frankfurt, Germany-based e-shelter designs and runs data centers in that country.

Levine Leichtman Capital exits Dexter Magnetic

Levine Leichtman Capital Partners said Monday it closed the sale of Dexter Magnetic Technologies to Robert Family Holdings Inc. Financial terms weren’t announced. Elk Grove Village, Illinois-based Dexter designs, makes and provides highly-engineered magnetic solutions. Lazard Middle Market LLC advised Dexter.


Riverside buys Sound Marketing Concepts

The Riverside Company has acquired Sound Marketing Concepts as an add-on to its Spectrio platform. No financial terms were disclosed. Based in Rowley, Massachusetts and Rocky Hill, Connecticut, SMS is a provider of on-hold marketing messaging services focused on the healthcare industry.

Satori Capital sells FWT to Kohlberg-backed Sabre

Sabre Industries, a portfolio company of Kohlberg & Company LLC, has bought FWT from Satori Capital. No financial terms were disclosed. Houlihan Lokey was financial advisor to FWT on the transaction. Based in Fort Worth, Texas, FWT is a maker of steel structures for the electricity transmission and distribution sector.

Cyprium sells Atis Group

Cyprium Partners said Monday it has sold Atis Group to Fonds de solidarite FTQ, Capital regional et cooperative Desjardins, and Fondaction CSN. Financial terms weren’t announced. Lonqueuil, Quebec-based Atis makes and distributes windows and doors in Canada.


Leonard Green to sell Scitor for $790 mln

Science Applications International Corp. said Sunday it has agreed to buy Scitor Corp. from Leonard Green & Partners for $790 milLion cash. SAIC’s board has approved the deal, which is expected to close in May. Reston, Virginia-based Scitor provides engineering, management consulting and information services to federal and commercial industries in the U.S. Citigroup Global Markets advised Scitor while Sagent Advisors provided financial advice to Leonard Green.


Genstar Capital-backed ERT to acquire PHT Corp

EResearch Technology Inc, a portfolio company of Genstar Capital, has agreed to buy PHT Corp. No financial terms were disclosed. Jefferies LLC and Cain Brothers & Co. advised ERT on the transaction while Crosstree Capital Partners Inc was financial advisor to PHT. Headquartered in Boston, PHT helps collect patient-driven data via smartphones, tablets and the web.

PE-backed DealerSocket acquires FEX DMS

DealerSocket, a portfolio company of Vista Equity Partners, has bought FEX DMS. No financial terms were disclosed. Headquartered in Rancho Santa Margarita, California, FEX DMS is a car dealer management system for independent dealers.


PE-backed NTS buys Trace Laboratories

National Technical Systems Inc, a portfolio company of Aurora Capital Group, has acquired Trace Laboratories. No financial terms were disclosed. Trace Laboratories, which has facilities in Palatine, Illinois and Hunt Valley, Maryland, is a full-service testing lab.

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