News and Analysis

Akmazo Capital has made a majority investment in JRNI, an experiential relationship management platform.

Fairbanks Morse Defense, a portfolio company of Arcline Investment Management, has acquired Shreveport, Louisiana-based Maxim Watermakers, a provider of desalination and water treatment technologies for marine defense applications.

Cordelio Power, owned by Canada Pension Plan Investment Board, has acquired a 900 MWAC pipeline of utility-scale solar projects from SunEast Renewables.

Modern Campus, which is backed by The Riverside Company, has acquired Augusoft, a Minneapolis-based enrollment management system for continuing and corporate education programs.

Offen Petroleum, which is backed by Court Square Capital Partners, has promoted Aaron Hackerott to president and chief operating officer and Kaleb Hoffer to vice president of fleet operations.

Previously, he worked at Grant Thornton where he was a partner.

Värde Partners promoted Jim Dunbar, Aneek Mamik and Carlos Sanz Esteve to partner.

Circumference Group has named Christine Timmins Barry and Kim Simone as senior advisors.

An investment group has recapitalized San Francisco-based Pierce Washington, a software system integrator.

Revelstoke Capital Partners has promoted Anthony Hayes to partner; and Will Oliver, Michael Constantinides and Cy Barton-Dobenin to principal.