Catterton has made an investment in women's activewear brand Sweaty Betty. No financial terms were disclosed.
Ardian and Crédit Agricole Assurances will acquire a 49 percent stake in F2i Aeroporti S.p.A., a holding company that owns stakes in various airports in Italy. No financial terms were disclosed for the transaction that is expected to close in the next two to three months. HSBC and Unicredit provided financial advice to F2i on the deal.
Battery Ventures has acquired Carlsbad, California-based Enviance, a provider of environmental, health and safety management software. No financial terms were disclosed.
Franklin Square Capital Partners has provided unitranche financing to support the dividend recapitalization of car reconditioning company Dent Wizard International Corp. No financial terms were disclosed. Based in Bridgeton, Missouri, Dent Wizard is owned by H.I.G. Capital.
Greenlight Planet, a solar energy distributor for off-grid homes in the developing world, has received $10 million in financing. Fidelity Growth Partners was the lead investor. As a result of the transaction, Kabir Narang, managing director of Fidelity Growth Partners India, has been added to Greenlight Planet's board of directors.
A covenant-lite leveraged loan financing backing CVC Capital Partners' acquisition of a controlling stake in Sky Bet has been adjusted for a second time in order to attract investors to the deal, banking sources said on Friday, Reuters News reported.
Linden Capital has acquired The Flexan Corp. Financial terms weren’t announced. Chicago-based Flexan makes high-precision silicone and rubber parts predominately serving the medical device industry. Golub Capital provided debt financing. Mesirow Financial served as financial advisor to Flexan.
Expect private equity to make a play for Russell Investments, several buyout and banking sources said.
Expect private equity to make a play for Russell Investments, several buyout and banking sources said.
TORC Oil & Gas Ltd (TSX: TOG) has agreed to acquire oil assets which are complementary to its existing assets in southeast Saskatchewan. The total consideration is about $128 million, before adjustments, and is payable through the issuance of TORC common shares. The assets have been managed by an unidentified private oil and gas company. TORC said the deal is expected to close this month. Founded in 2010, the Calgary-based TORC is focused on high quality, tight, light oil resource plays. Its leading investor is Canada Pension Plan Investment Board (CPPIB), which provided the company with $170 million in funding in August 2013.