Court Square Capital Partners is getting more money back from Rocket Software.
Victory Capital Holdings has agreed to acquire Munder Capital Management, including its wholly owned subsidiary Integrity Asset Management. The all-cash purchase will form an independent investment advisory firm with $37 billion in assets under management and headquartered in Cleveland, Ohio. Additional equity financing will be led by Crestview Partners and Reverence Capital Partners.
Warburg Pincus has agreed to acquire Electronic Funds Source LLC, which provides corporate payment solutions, from an investor group including First Data Transportation Services, Inc., CTP Holdings LLC and FJ Management Inc. Terms of the deal were not disclosed.
Warburg Pincus LLC is in advanced talks to acquire Electronic Funds Source LLC (EFS) in a deal that could value the transportation services payments company at more than $1 billion, sister news service Reuters reported
German industrial machinery and process engineering group GEA Group has agreed to sell its heat exchangers division, with a value of about 1.3 billion euros (1.0 billion pounds) including debt, to private equity investor Triton, Reuters reported.
Dean Evans & Associates has secured growth funding from JMI Equity. No financial terms were disclosed. Based in Denver, Dean Evans & Associates is a provider of facility scheduling and event management solutions.
Abraaj has acquired a stake in Kool Food. No financial terms were disclosed. Based in Casablanca, Morocco, Kool Food is a chocolate confectionery maker.
Lambert Private Equity has agreed to provide $45 million to K2 Design & Strategy. K2 Design & Strategy is an advanced analytics and digital innovation firm.
Private equity firm Symphony Technology Group has acquired MDdatacor from Noridian Mutual Insurance Company. No financial terms were disclosed. STG will merge MDdatacor with other assets to launch Symphony Performance Health, a provider of best-in-class information, analytics and tech solutions.
Apollo Global Management and Caelus Energy Alaska have formed a strategic partnership to invest in oil and gas properties in Alaska. Caelus closed its first transaction, acquiring Pioneer Natural Resources' Alaskan oil and gas business for $300 million in cash.