Goldman Sachs funds Slate

By Iris Dorbian — 20 hours ago

Goldman Sachs Asset Management’s Petershill program has made an investment in Slate Asset Management LP, an alternative asset management platform with a focus on real estate and real assets. No financial terms were disclosed. As part of the deal, Slate founders Blair and Brady Welch have made a long-term commitment to the business. According to the firm, Slate has closed over US$11 billion of transactions across Canada, the U.S. and Europe. Slate has offices in Toronto, Calgary, Chicago and Frankfurt.

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Centerbridge to invest in GoHealth

By Iris Dorbian — 20 hours ago

Centerbridge Partners LP has agreed to make an investment in GoHealth LLC, a provider of direct-to-consumer sales, marketing and customer service solutions for health insurance providers. No financial terms were disclosed. The deal is expected to close in the fourth quarter of this year.

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OpenGate acquires InRule

By Iris Dorbian — 20 hours ago

OpenGate Capital has acquired InRule Technology Inc, a decision management platform and business rules management system. No financial terms were disclosed.

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Morgan Stanley and Petra Capital backs ABS

By Iris Dorbian — 20 hours ago

Alternative Behavior Strategies, a provider of services to children with autism spectrum disorders, has raised an undisclosed amount of funding. The investors were Morgan Stanley Expansion Capital and Petra Capital Partners.

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Ares invests in Heelstone Renewable Energy

By Iris Dorbian — 20 hours ago

Ares Management Corporation has made an investment in Heelstone Energy, a utility-scale solar developer. No financial terms were disclosed. In conjunction with the investment, Heelstone Energy has rebranded to Heelstone Renewable Energy LLC. Marathon Capital LLC provided financial advice to Heelstone Energy on the transaction.

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Equistone-backed CH&CO makes first add-on to Mitie Catering

By Chris Witkowsky — 24 hours ago

Equistone Partners-backed CH&CO acquired Mitie Catering as its first add-on to its purchase of CH&CO in May 2019. Mitie is comprised of Gather & Gather and Creativeevents. The deal adds increased sales of 137 million pounds to CH&CO, 330 more sites across the U.K. and Ireland and an additional 3,600 team members to the company.

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PE-backed SmileDirectClub to go public

By Iris Dorbian — 4 days ago

Nashville-based SmileDirectClub, a provider of invisible aligners to straighten teeth, has filed for an $100 million IPO. The company plans on trading the stock on the NASDAQ. JPMorgan and Citigroup are listed among the underwriters. SmileDirectClub’s backers include Clayton, Dubilier & Rice, Kleiner Perkins and Spark Capital

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Kinderhook buys Chemtron

By Iris Dorbian — 4 days ago

Kinderhook Industries has acquired Avon, Ohio-based Chemtron, a hazardous and non-hazardous waste management provider in the Midwest. The seller was CapitalWorks. No financial terms were disclosed.

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