Lambert Private Equity, the California-based investment firm, established a $75 million equity line with Amvesco Holdings, a Las Vegas-based company. Amvesco is a holding company that makes junior capital investments.
Precise Packaging, a maker of pressurized spray products, has been acquired by Trive Capital, the Dallas, Texas-based PE firm. Specifics of the deal were not publicized. Salem Partners advised the buyer.
CapMan Technology 2007 funds managed by CapMan and other owners of IT2 Treasury Solutions have sold 100 percent of IT2's shares to Wall Street Systems. Prior to the transaction, funds managed by CapMan owned approximately 86 percent of IT2's equity.
Wafra Partners has acquired Phelps Industries. The Peakstone Group served as exclusive financial advisor to Wafra. Terms of the transaction were not disclosed.
It looks like Madison Dearborn Partners' investment in EVO Payments International is pretty sizeable.
Veronis Suhler Stevenson has exited its investment in Pittsburgh-based All Systems Holding, a provider of managed staffing and technical outsourcing. VSS made its investment in System One in October of 2010. MidOcean Partners acquired VSS’s stake in late December.
British newspaper group Trinity Mirror said on Friday it had been approached by a group of investors interested in its Sunday People tabloid. Earlier on Friday, the Financial Times reported that a consortium headed by former Fleet Street editor Sue Douglas and backed by private equity firm Phoenix Ventures had proposed buying a majority stake in the title for 10 million pounds. They want to rename the newspaper The News of the People, with the aim of attracting former readers of the now defunct News of The World, the FT said.
Intervale Capital has made a majority investment in Aegis Chemical Solutions, an oilfield chemicals and water treatment business based in The Woodlands, Texas. Terms of the deal were not released. The transaction merges Aegis with Mid-Chem Inc., a Midland, Texas-based production chemicals business, the firm said in a statement.
Glencoe Capital's Michigan Opportunities Fund has backed Arrow Energy Services, Inc., a national oil field services company based in Kalkaska, Mich. Specifics of the investment were not disclosed.
Maranon Capital provided senior and mezzanine debt to support Crimson Investment's purchase of Ameda Inc. from Evenflo Company. Terms of the deal were not released. Maranon also said that it invested equity in the transaction alongside Crimson. Ameda is a provider of hospital-grade and high-end personal breast pumps, milk collection kits and accessories.