PE-backed Stella buys Jack Herod

By Iris Dorbian — 7 days ago

Stella Environmental Holdings Inc, a portfolio company of Hidden Harbor Capital Partners, has acquired Dallas-based Jack Herod Trucking LLC, a provider of of transfer station management and ancillary waste logistics services. No financial terms were disclosed.

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GPP amasses $306 mln for third fund

By Iris Dorbian — 7 days ago

Great Point Partners has closed its third growth buyout fund at a hard cap of $306 million, beating its $250 million target. GPP III’s limited partners include endowments, foundations, family offices, banks and pension funds. The fund will invest in healthcare companies. Morrison Cohen LLP acted as legal counsel for GPP III.

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PE-backed SugarCRM hires CFO

By Iris Dorbian — 7 days ago

Silicon Valley-based SugarCRM Inc, a company that helps organizations with their customer experiences, has named John Donaldson as chief financial officer. Recently, he was the CFO at Togetherwork Holdings. SugarCRM is backed by Accel-KKR.

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Battery Ventures acquires Forest2Market and Fisher International

By Iris Dorbian — 7 days ago

Battery Ventures has acquired two companies: Charlotte, North Carolina-based Forest2Market Inc, a firm supplying data, analytics, supply chain expertise and strategic consulting services to the global forest products industry; and South Norwalk, Connecticut-based Fisher International Inc, a provider of business intelligence and strategy consulting services to the pulp and paper industry. No financial terms were disclosed.

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Castle Harlan and Branford Castle buy Sunless

By Iris Dorbian — 7 days ago

Castle Harlan and Branford Castle Partners have acquired Macedonia, Ohio-based Sunless Inc, a provider of spray tanning equipment, spray tanning solution and related accessories. The sellers included Riverside Company. No financial terms were disclosed.

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Granite Creek funds Morrow Sodali

By Iris Dorbian — 7 days ago

Granite Creek Capital Partners has invested $15 million in New York-based Morrow Sodali, a provider of provider of strategic advisory and shareholder services to corporate clients around the world. The capital will be used for growth initiatives.

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Boxwood and PE-backed Atlas to merge

By Iris Dorbian — 7 days ago

Boxwood Merger Corp, a blank check company and Atlas Intermediate Holdings, a provider of professional testing, inspection, engineering and consulting services, have agreed to merge. The enterprise value is $709.5 million. Upon the closing of the transaction, Atlas will become an indirect subsidiary of Boxwood. Also, Boxwood plans on changing its name to Atlas Technical Consultants. Harris Williams is advising Atlas on the deal. Currently, Atlas is a portfolio company of Bernhard Capital Partners. Bernhard and the Atlas management team will retain a “significant” equity stake in Atlas Technical moving forward.

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Uniphore lands $51 mln Series C

By Iris Dorbian — 7 days ago

Uniphore, a conversational AI technology company, has raised $51 million in Series C funding. March Capital Partners led the round with participation from other investors that included Chiratae Ventures, Sistema Asia, CXO Fund, ITP, Iron Pillar and Patni Family.

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Warburg Pincus invests in Indecomm Digital

By Iris Dorbian — 7 days ago

Warburg Pincus has invested about $200 million in Indecomm Digital Services. Based in Scottsdale, Arizona, Indecomm Digital is a provider of next-generation product engineering and digital experience services to technology companies and software businesses.

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