LLR Partners has made an undisclosed investment in iJET International. According to iJET, the capital will be used to grow its customer base, invest in enhanced technology and make acquisitions. Headquartered in Annapolis, Maryland, iJET is a provider of operational risk management solutions.
Private equity firm H&Q Korea has closed its buy of a minority stake in JobKorea for $90 million. JobKorea is a career website and Monster Worldwide's South Korean operations.
CIT Real Estate Finance has provided a $33 million senior secured credit facility to Exeter Property Group. The business is a real estate private equity firm that acquires, develops, and manages commercial properties across the US.
UBS said on Thursday it would sell its administrative services arm for employee equity plans to Montagu Private Equity as part of the Swiss bank's drive to simplify its operations.
The Carlyle Group and Vitol Group have announced a transaction to establish Varo Energy B.V. as a major midstream energy business in north-west Europe. Under the terms of the proposed transaction, Vitol and Carlyle International Energy Partners will each own 50 percent of an enlarged Varo Energy Group. AtlasInvest will sell its shareholding in Varo […]
Ripplewood Holdings has distributed all of its 27.6 million shares in its portfolio company Gogo, which provides in-flight connectivity, to limited partners in its funds. Along with the distribution, three Ripplewood directors -- Tim Collins, Lawrence Lavine and Christopher Minnetian -- resigned from the Gogo board.
American Capital Energy & Infrastructure has partnered with a veteran industry management team to create BMR Energy, a new energy company focused on developing and investing in power and related energy infrastructure throughout Central America and the Caribbean. BMR, led by industry veteran Bruce Levy, has committed $25 million to its first project, a 34 MW wind farm in Malvern, St. Elizabeth Parish, Jamaica.
Caliber Midstream Partners has closed on a senior secured revolving credit facility of $200 million. Caliber Midstream Partners' is Triangle Petroleum Corporation's midstream joint venture with First Reserve's Energy Infrastructure Fund.
Viamedia, the cable industry's independent cable rep firm and provider of online advertising services, has closed on a $40 million bank financing package led by PNC Bank and U.S. Bank. The $40 million facility will replace Viamedia's prior bank facility. Lake Capital is Viamedia's private equity sponsor.
Sun Capital Partners is to sell its investment in Wabash Technologies, a supplier of powertrain sensors and actuators to the global automotive and related markets, to Sensata Technologies. Terms of the private transaction were not disclosed.