News and Analysis

Blackstone has agreed to buy real estate investment trust PS Business Parks in a take-private deal for $7.6 billion, reported Reuters.

May River Capital has formed Automated Handling Solutions, a platform focused on providing material handling equipment and automation solutions.

Most recently, she was a senior managing director at Blackstone.

The owners of JCPenney have made an offer to buy rival Kohl’s in a deal that could value the department store chain at upwards of $8.6 billion, The New York Post reported.

Cennox, which is backed by York Private Equity, has acquired a group of Dutch-based companies that include Lincsafe, Merlin, Cashtester and Secusystems.

Intellihub Group has acquired GreenSync, a Melbourne, Australia-based energy technology company.

One Equity Partners has agreed to sell Rizing LLC to Wipro Limited.

ICV Partners has made an investment in Beacon Global Strategies, a Washington, D.C.-based strategic advisor.

Clearlake Capital and TA Associates have agreed to acquire Kofax from Thoma Bravo.

Previously, he worked at Zappos, where he served as general manager and chief merchant for 12 years.