Fundraising

Halifax Group said Nov. 6 that it invested in AAMP Holdings Inc. Audax Private Equity is the seller. Financial terms weren’t announced. AAMP, Clearwater, Florida, designs and distributes a suite of technology products for the automotive aftermarket.

MBK Partners is seeking to raise as much as $6 billion for its fifth buyout fund, Reuters reported. MBK, set up in 2005 by ex-Carlyle Group Asia executives, plans to reach a first close by the end of November and a final close by the second half of next year, the story said. MBK targets companies in consumer, tech and financial services in South Korea, China and Japan, Reuters said.

Lumerity Capital has made an investment in Hoboken, New Jersey-based Effectual, a cloud-first managed services and consultancy company. No financial terms were disclosed.

Apax Partners said Nov. 5 that it acquired Lexitas. Financial terms weren’t announced. Trinity Hunt Partners is the seller. Lexitas, of Houston, is a technology-enabled litigation services provider in the United States.

LinQuest Corp said Nov. 5 that it closed its buy of The Perduco Group. Financial terms weren’t announced. Perduco provides provider of advanced data analytics, data architecting and model-based simulation to defense and civilian agencies. LinQuest is backed by Madison Dearborn Partners and CoVant.

OpenGate Capital has acquired a majority of CoreMedia. Silicon Valley Bank, a subsidiary of SVB Financial Group, is also investing. Financial terms of the deal weren’t announced. CoreMedia, of Hamburg, Germany, is a content management platform and developer of CoreMedia Content Cloud.

Private equity is bidding for game developer Leyou Technologies Holdings Ltd, Bloomberg is reporting. Bain, CVC and KKR are vying for Leyou, which has hired Moelis as its financial adviser, the story said.

OpenGate Capital said Nov. 4 that its second institutional fund closed at about $585 million, above its $450 million target. OpenGate Capital Partners II & II-A LP includes 23 LPs from seven countries, including pensions, asset managers, consultants, fund of funds, wealth managers, and insurance companies from the US, Europe and the Middle East. The firm targets lower middle market businesses throughout North America and Europe across four focus industries: industrials, technology, consumer and business services.

KKR said Nov. 5 that its fifth European fund closed on 5.8 billion euros ($6.5 billion). KKR is investing $400 million of capital alongside investors through its balance sheet and employee commitments. KKR European Fund V targets companies in Western Europe in five priority sectors of TMT, consumer & retail, business & financial services, industrials and healthcare.

Turbonomic has acquired Boston-based software company SevOne. No financial terms were disclosed. Turbonomic's backers include Bain Capital Ventures, General Atlantic, Globespan Capital Partners, Highland Capital Partners and Iconiq Capital.