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Ardian has agreed to acquire Celli, an Italian beverage solutions company. The seller is Consilium. No financial terms were disclosed.
Alantra Private Equity has acquired a majority stake in Frías Nutrición, a Spain-based producer of vegetable beverages, broths, creams and other health products. No financial terms were disclosed.
City Capital Ventures has acquired Toronto-based Redberry Group, a Burger King and Pizza Hut franchisee in Canada. No financial terms were disclosed. CIBC and Scotiabank provided senior debt for the transaction. McCarthy Tétrault LLP provided legal counsel to CCV with additional services provided by Perkins Coie LLP. Metronome Partners was financial adviser to Redberry Group.
Protective Industrial Products Inc, a portfolio company of Audax Private Equity, has agreed to acquire Cincinnati, Ohio-based West Chester Protective Gear, a provider of personal protective equipment. No financial terms were disclosed.
Lightspeed POS, a Montréal-based point-of-sale solution for retailers, restaurants and e-commerce businesses, has filed a preliminary prospectus with Canadian regulators for an initial public offering. The company has not yet determined the number and price of subordinate voting shares to be sold on the Toronto Stock Exchange. BMO Capital Markets, National Bank Financial and J.P. Morgan Securities Canada are the IPO’s lead underwriters and joint bookrunners. Founded in 2005 by CEO Dax Dasilva, Lightspeed raised about $166 million in a Series D financing in 2017, the largest round for a Canadian IT company in 25 years. Caisse de dépôt et placement du Québec led and was joined by IQ, iNovia Capital and Silicon Valley Bank.
Levine Leichtman Capital Partners has acquired Willowbrook, Illinois-based Club Champion, a provider of custom fitting services and golf equipment in the U.S. No financial terms were disclosed. Kirkland & Ellis LLP advised LLCP on the deal.
Hydrow by CREW, a live outdoor reality rower, has secured an undisclosed amount of funding. L Catterton was the lead backer.
Topix, which is backed by New Mountain Capital, has acquired Newbury Park, California-based ClarityRx, a provider of skincare products. No financial terms were disclosed. Stubbs Alderton & Markiles LLP served as legal advice to ClarityRx on the deal while Lowenstein Sandler LLP did likewise for Topix and New Mountain Capital.
Equity38 LLC has made an investment in TRX, a provider of functional training solutions. No financial terms were disclosed.
Platinum Equity has acquired Pro-Mark, the parent company of irrigation products providers Orbit Irrigation and Hydro-Rain. No financial terms were disclosed.
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