Medical Solutions has acquired OA Nurse Travel from On Assignment. Financial terms weren't announced. OA Nurse Travel, of Cincinnati, provides traveling nurses. Omaha-based Medical Solutions is owned by Tenex Capital Management and McCarthy Capital.
Mobilitie, a wireless infrastructure provider, said Tuesday that Shamrock Capital Advisors has invested $100 million.
One Earth Farms Corp., an agri-food and consumer products company, acquired Beretta Farms Inc., a Toronto-based natural and organic branded meat products company. The transaction was done in consideration of cash and shares in One Earth Farms. One Earth Farms, which is based in Saskatoon, Saskatchewan, is a subsidiary of Sprott Resource Corp., which has invested in the company in partnership with First Nations since 2009. The company has also been backed by CAPE Fund, a Canadian private equity firm focused on investing in aboriginal businesses and entrepreneurs.
Chinese online shopping firm 360buy loses money, needs huge cash injections to feed its supply chain, and its profitable rival Alibaba Group has more than double its market share. That leaves it with one option - float before Taobao does.
Teine Energy Ltd., a Calgary, Alberta-based company focused developing oil and gas properties, acquired Viking light oil assets in the Kerrobert region of southwest Saskatchewan. The terms of the transaction were not published. Tiene Energy is majority owned by Canada Pension Plan Investment Board (CPPIB). CPPIB has been backing the company's property acquisitions and other initiatives since June, 2010.
War Eagle Mining Company Inc., a Vancouver, British Columbia-based mineral exploration and development company which is currently focused on projects in Mexico, completed its acquisition of Andromeda Resources Inc., also based in Vancouver. Under the terms of the agreement, War Eagle will carry on the base metals development business of Andromeda in Mexico. War Eagle is currently a portfolio investment of Canadian private equity firm PineTree Capital, which acquired shares in the company in December, 2012.
Matt Stewart, a member of the private equity practice group at Fenwick & West, is today's guest blogger. Stewart explains who is actually in control in growth equity investments.
Standard Chartered's private equity arm is looking for more deals in Zimbabwe, writes Reuters. The British bank, whose private equity business has assets under management of about $4.5 billion, made an investment in Zimbabwean agri-business Ariston Holdings through one of its portfolio companies, Afrifresh Group, last year.
International equestrian fashion wholesaler Hypo Wholesale has joined forces with consumer-focused investor Vendis Capital in a management buyout. Livingstone acted as the exclusive financial advisor to the shareholders of Hypo Wholesale on the transaction. Terms of the deal were not disclosed.
Equistone Partners Europe has exchanged contracts on the realisation of its investment in Hydrasun Limited to Investcorp. Established in 1976, Hydrasun is a provider of integrated fluid transfer, power and control solutions to the global offshore oil and gas industry.