Arsenal Capital has sold labeling company Renaissance Mark Inc. to Fort Dearborn Co., a portfolio company of Genstar Capital. No financial terms were disclosed. Arsenal acquired Renaissance Mark in 2002 for $85 million. www.fortdearborn.com www.renaissancemark.com
Infinera Inc., a Sunnyvale, Calif.-based provider of digital optical networking systems, raised $128 million in its IPO. The company priced 14 million common shares at $13 per share ($10-$12 range), which gave it a market cap of approximately $1 billion. Infinera will trade on the Nasdaq under ticker symbol INFN, while Goldman Sachs servedas lead […]
Rotorcraft Leasing Company LLC, a Broussard, La.-based portfolio company of H.I.G. Capital, has acquired Go Helitrans, a provider of transportation services for personnel and equipment to offshore oil & gas production platforms and drilling rigs in the Western Gulf of Mexico. No financial terms were disclosed. www.rotorcraftleasing.net
Partners Group of Switzerland has closed its latest direct buyouts fund with Euro500 million in capital commitments. The fund is already 35% invested in 24 transactions, and has held a partial exit via the IPO of RSC Equipment Rental. www.partnersgroup.net
The City of Philadelphia Board of Pensions & Retirement has renewed its non-discretionary private equity consulting contract with Franklin Park Associates, which beat out rivals Alignment Capital and Aldus Equity Partners.
Access Microfinance Holding AG has received a $4.5 million commitment from CDC Group. Access Microfinance invests in microfinance institutions in Africa and Central Asia, and so far has attracted $28.7 million in total commitments. www.accessholding.com
Goodwin Procter LLP has opened a Palo Alto office, establishing its fifth California office in the past 14 months. Joining the firm as partners are: Byron Cooper, Gregory Bishop, April Abele and Thomas Fitzpatrick, formerly of Townsend and Townsend and Crew; Lloyd Winawer, formerly of Wilson Sonsini Goodrich & Rosati; and William Davisson, formerly of […]
Neil Banta has joined Lehman Brothers as managing director in the firm's private equity fund marketing group. He previously held a similar position with Citigroup. www.lehman.com
Greenpark Capital has closed its third secondaries fund with Euro730 million in capital commitments. The UK-based firm acquires both fund and direct investment interests in the U.S. and Europe. www.greenparkcapital.com
AdaptiveMobile, a Dublin, Ireland-based provider of mobile security software, has raised $14 million in second-round funding. Doughty Hanson led the deal, and was joined by Noor Financial Investment Co. and return backer Intel Capital. www.adaptivemobile.com