WestView Capital Partners has recapitalized Xtend Healthare. Abacus arranged $45 million in financing to support this transaction. Crescent Capital also participated in the financing. Based in Hendersonville, Tenn., Xtend Healthcare is a provider of revenue cycle outsourcing solutions for hospitals.
Private equity firm CVC Capital Partners Ltd is in advanced talks to sell its printing-ink maker, Flint Group, to Koch Industries and Goldman Sachs Group's private equity arm, sources told Reuters.
Spanish olive oil bottler Deoleo , the target of a takeover battle that has taken on political dimensions, said on Wednesday that British private equity firm CVC Capital Partners had made the best bid for the company.
MicroPact has received funding from Enlightenment Capital. No financial terms were disclosed. Based in Herndon, Virginia, MicroPact is a provider of case management and business process management solutions.
Sankaty Advisors, an investment arm of private equity firm Bain Capital, has made an undisclosed investment in Manischewitz. Based in Newark, NJ, Manischewitz is a producer of matzos and kosher food products.
Youfit Health Clubs said Wednesday that it has received funding from PWP Growth Equity. No financial terms were disclosed. As a result of the transaction, Rick Berks, the founder of Youfit, will retain his controlling stake in the company. Youfit Health Clubs is a fitness company that operates 67 clubs in seven states. PWP Growth Equity is a lower middle market fund of Perella Weinberg Partners.
Oryx Midstream Services has raised $300 million in financing. The investors were Quantum Energy Partners, Post Oak Energy Capital, Wells Fargo Energy Capital, Oryx management and various private investors. Based in Midland, Texas, Oryx is a provider of midstream solutions to producers in the Permian Basin.
The Riverside Company has acquired Diversified Property Solutions, the fourth add-on acquisition to its Paradigm Tax Group platform. DPS, based in Southfield, Michigan, provides advisory services for real property, compliance, personal property, tax incentives and asset tagging.
Buyout firms Delos Capital and HandsOn3 have partnered to merge BancTec and Dataforce. The combined businesses will create a global provider of business process outsourcing services.
Sycamore Partners has completed its acquisition of The Jones Group Inc. The transaction is valued at approximately $2.2 billion.