News Briefs

California Pizza Kitchen, a restaurant chain, has filed for bankruptcy, reported the Wall Street Journal.
Ardian has agreed to acquire Finaxy, a French multi-specialist B2B and B2C insurance broker, from Equistone Partners Europe.
NaviMed Capital has added three to its team.
PDL BioPharma Inc has agreed to sell Noden to Stanley Capital for up to $48.25 million in cash.
Crestview Partners has made an investment in Upwell Water LLC, a San Francisco-based water-focused specialty finance company.
The investment is the first outside capital raised by the company's founders. 
In addition to the $150m from Arya II, a group of healthcare investors committed to participate in the deal through a common stock private investment in public equity of about $320m at $10 per share.
Partnerize, which is backed by Accel-KKR, has acquired Pepperjam, an affiliate marketing technology and services provider.
SOC Telemed, a provider of acute care telemedicine and Healthcare Merger Corp, a blank check company, have agreed to merge.
Infrastructure Investment Funds has closed its take-private buyout of El Paso Electric Company, a regional electric utility provider serving customers in West Texas and Southern New Mexico.
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