TierPoint completes Xand acquisition from ABRY Partners

TierPoint has closed its previously announced buy of Xand from ABRY Partners. No financial terms were disclosed. DH Capital was financial advisor to ABRY and Xand while RBC Capital Markets and Credit Suisse will provide debt financing for the transaction. Headquartered in St. Louis, Missouri, Xand provides colocation, cloud, disaster recovery and managed services with six data centers in New York, Pennsylvania, Connecticut, and Massachusetts.

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ABRY buys majority stake in KORE

ABRY has acquired a majority stake in KORE, a provider of managed M2M communication services. Also, KORE has acquired Raco, a provider of wireless data solutions to M2M sector. No financial were disclosed for either transaction.

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ABRY’s Confie Seguros buys three insurance firms

Confie Seguros, a portfolio company of ABRY Partners, has made three acquisitions. The company has acquired The Insurance Market Agency in Tonawanda, NY and Action Auto Insurance Agency in Cheektowaga, NY. Both agencies provider a variety of insurance products, which include auto, homeowners and small commercial. Also, Confie Seguros has bought Ontario, Calif.-based Fast Quote Insurance, which specializes in auto insurance. No financial terms were disclosed for any of these transactions.

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ABRY Partners to sell Xand to TierPoint

TierPoint has agreed to buy Xand from ABRY Partners. Financial terms weren’t announced. Ontario Teachers’ Pension Plan is also investing. Xand provides colocation, cloud, disaster recovery, and managed services with six data centers in New York, Pennsylvania, Connecticut, and Massachusetts. RBC Capital Markets and Credit Suisse are providing debt financing. DH Capital provided financial advice to ABRY/Xand.

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ABRY-backed Confie Seguros buy three insurance brokers

Confie Seguros, a portfolio company of ABRY Partners, has bought three insurance brokerage firms. They are Lockport, NY-based AA Insurance Services, which specializes in auto and homeowners insurance; Monroe, NY-based Parietti & McGuire Insurance, which provides auto, home and small commercial insurance; and Bellingham, Wash.-based Insurance Now, which specializes in auto insurance. No financial terms were disclosed for any of these transactions.

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Onex completes York acquisition

Onex has closed its buy of York Risk Services Group for $1.325 billion. The seller was ABRY Partners. Based in Parsippany, NJ, York is a provider of risk management, claims management and managed care solutions.

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ABRY-backed Confie Seguros buys three insurance brokerages

Confie Seguros, a portfolio company of ABRY Partners, has acquired three insurance brokerage firms. They are Lockport, New York-based Bower Insurance, Round Rock, Texas-based Guess Insurance Services and Charleston, SC-based Alliance Insurance Agency. No financial terms were disclosed.

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Trending on peHUB this week: Glenn Beck fundraising for TheBlaze, Spectrum Equity raising another $1 billion fund, and VCs getting excited about real estate websites.

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This morning find out what public pension funds are planning for their private equity portfolios in the next year, what Internet and social media stocks to buy this year and fundraising news from Littlejohn and ABRY Partners.

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