Silver Lake Partners LP and Bain Capital LLC are among the buyout firms in the running to acquire Shutterfly Inc, an online photo-sharing services provider with a market value of $2 billion, sources told Reuters.
Dancing Deer Baking Company, a Boston-based maker of gourmet baked goods, has received financing from River Hollow Partners. No financial terms were disclosed. BellMark Partners provided financial advice to Dancing Deer on the transaction. In addition to the funding, River Hollow's Kevin Charlton and Amy Wolf have been added to Dancing Deer's board of directors.
RetailCapital has received an undisclosed investment from Flexpoint Ford. Also, the firm has appointed Glenn Goldman as CEO. Previously, Goldman was entrepreneur-in-resident at Flexpoint Ford. RetailCapital provides financing to small businesses.
An affiliate of Peninsula Pacific has acquired Brundage-Bone. No financial terms were disclosed. Brundage-Bone is a provider of concrete pumping solutions.
The private equity arm of French luxury goods giant LVMH will invest up to $80 million in South Korea's YG Entertainment Inc, which manages a stable of K-pop performers including "Gangnam Style" rapper Psy, Reuters reported.
The Riverside Company has invested in Grace Hill. Financial terms weren’t announced. Augusta, Ga.-based Grace Hill provides a suite of training tools, including online courses and videos, for individuals working in the apartment industry. Freeport Capital provided financing for the transaction. Riverside was advised by Jones Day and Deloitte.
OMERS Private Equity, the PE arm of OMERS, has completed its recap of Document Technologies Holdings. The seller is Harvest Partners. Atlanta-based DTI provides legal process outsourcing services in the U.S.
Linden Capital Partners has completed its buy of Spear Education. Financial terms weren’t announced. Scottsdale, Ariz.-based Spear provides post-graduate dental continuing education content to dentists and specialists around the country. Brentwood Capital Advisors provided financial advice to Spear. Golub Capital provided debt financing.
Victory Park Capital said it would invest $100 million in Upstart loans over the next two years. Palo Alto, Calif-based Upstart is a lending platform that aims to finance people based on signs of their potential including schools attended, area of study, academic performance and work history.
Aqua Terra Water Management LP, a Canadian portfolio investment of U.S. private equity firm Bregal Partners, has bought North Dakota-based saltwater disposal facilities operated by Borejaks Energy Services LLC. The financial terms of the deals were not disclosed. In addition, Aqua Terra announced that its Grande Prairie, Alberta-based subsidiary Four Winds Energy Services Ltd has opened two new facilities serving the Viking oil play in southeastern Alberta. Last month, Four Winds acquired Integrity Custom Processing Inc and assets belonging to Kasten Energy Inc.