Alinda Capital Partners has acquired a 59% stake in Howard Energy Partners. No financial terms were disclosed. The sellers were Quanta Capital Solutions, GE Energy Financial Services, Clear Springs Energy and other unnamed minority stakeholders. Tudor, Pickering, Holt & Co . advised HEP in the transaction. Based in San Antonio, Texas, HEP is an independent midstream energy company. PRESS RELEASE SAN ANTONIO–(BUSINESS WIRE)–Howard Midstream Energy Partners, LLC d/b/a Howard Energy Partners (HEP or Howard) today announced that investment funds managed by Alinda Capital Partners (Alinda) have acquired a 59 percent capital unit interest in Howard
Satori Capital has bought Ranger Wireless Solutions. No financial terms were disclosed. John H. Ofenloch Jr. has been named president and CEO of Ranger Wireless. Based in Dallas, Ranger Wireless is a technology-enabled service provider to the wireless telecom sector. PRESS RELEASE DALLAS–(BUSINESS WIRE)–Satori Capital, a private equity firm that partners with companies operating with a sustainable approach, has acquired Ranger Wireless Solutions, a technology-enabled service provider to the wireless telecom industry. Ranger Wireless’ patented service connects roaming wireless subscribers to their provider’s customer care center when they dial 6-1-1
The WhiteWave Foods Company said Monday that it has agreed to acquire Earthbound Farm for approximately $600 million in cash. The sellers include Kainos Capital and founders Drew & Myra Goodman. J.P. Morgan advised WhiteWave in the transaction while Barclays and Houlihan Lokey acted as financial advisors to Earthbound Farm. Based in San Juan Bautista, Calif., Earthbound Farm is an organic food company. PRESS RELEASE DENVER & SAN JUAN BAUTISTA, Calif.–(BUSINESS WIRE)–The WhiteWave Foods Company (NYSE:WWAV) (“WhiteWave”), a leading consumer packaged food and beverage company in North America and Europe, today announced that it has agreed to acquire Earthbound Farm, one of the country’s leading organic food brands, from its existing shareholders led by Kainos Capital and founders Drew & Myra Goodman, for approximately $600 million in cash.
Anturis said Monday that it has raised $2 million in Series A funding. Runa Capital and VEB Innovations led the round. Anturis is a provider of IT infrastructure monitoring and troubleshooting solutions for small to medium sized businesses. PRESS RELEASE SAN FRANCISCO, CA–(Marketwired – Dec 9, 2013) – Anturis Inc., a vanguard IT solutions company, today announced that it has closed its $2 million Series A round of funding, led by Runa Capital and VEB Innovations (Vnesheconombank group). The company will use the funds for the international expansion of its popular IT monitoring and troubleshooting solution designed for SMBs (small to medium size businesses) and ISP companies, as well as for further research and development and new marketing and sales initiatives. Previous investment helped to double the size of Anturis’ workforce, finalize and successfully launch the commercial version of its monitoring service and close deals with several business partners and customers worldwide. Already a two billion dollar industry, 24?7 IT infrastructure monitoring is a must-have for every organization doing business or representing their brand online
Monexa said Monday that it has raised an undisclosed amount of funding from Vancouver-based Yaletown Venture Partners . Also, Monexa has named Brad Johns, a partner at Monexa, to its board of directors. Based in Vancouver, British Columbia, Monexa is an enterprise billing and commerce platform. PRESS RELEASE VANCOUVER, BRITISH COLUMBIA–(Marketwired – Dec. 9, 2013) – Monexa Services Inc. (Monexa), a pioneer of SaaS Enterprise Billing and Commerce solutions, today announced it has received funding from early stage cleantech and information technology investors, Yaletown Venture Partners. In addition, the company has appointed Yaletown partner, Brad Johns, to its Board of Directors
Citadel Plastics , which is owned by HGGC and Charlesbank Capital Partners , said Monday that it has closed its buy of Lucent Polymers . The seller was River Associates Investments. No financial terms were disclosed. Headquartered in Evansville, Indiana, Lucent is a provider of highly engineered compounds that leverage sustainable inputs. PRESS RELEASE WEST CHICAGO, Ill.—December 9, 2013—Citadel Plastics Holdings, Inc. (“Citadel” or “the Company”), a leading global compounder of thermoplastic and thermoset resins, today announced that it has completed the acquisition of Lucent Polymers (“Lucent”), a leading supplier of highly engineered compounds that heavily leverage sustainable inputs, from Chattanooga, Tennessee-based River Associates Investments, LLC. Terms of the private transaction were not disclosed
Food companies Sysco Corp . and US Foods said Monday that they have agreed to merge. The value of the transaction, which is expected to close in the third quarter of 2014, is approximately $8.2 billion. Under terms of the agreement, Sysco will pay about $3.5 billion for US Foods’ equity. Sysco will also assume or refinance US Foods’ net debt. And, after the deal closes, a representative of each of US Foods’ majority shareholders, Clayton, Dubilier & Rice and Kohlberg Kravis Roberts, will join Sysco’s board of directors.
Clearlake Capital Group said Monday that it has launched Calero Software from the merger of Movero, PINNACLE and Veramark Technologies . No financial terms were disclosed. Wells Fargo Capital Finance and Stellus Capital Management provided financing to Calero. Headquartered in Rochester, New York, Calero is a provider of communications management solutions. PRESS RELEASE Rochester, NY, Atlanta, GA, and Santa Monica, CA (Dec. 9, 2013) – Clearlake Capital Group, L.P. today announced the formation of Calero Software, LLC (“Calero” or the “Company”), a leading provider of Communications Lifecycle Management (“CLM”) software and related solutions to enterprises globally.
Arsenal Capital Partners said Monday that it has acquired Flowchem Ltd . No financial terms were disclosed. PPHB advised Flowchem in the transaction.
YieldMo has secured $8 million in Series B financing. Google Ventures led the round with participation from Union Square, Genacast, Rhodium, Dace Ventures and ff Venture Capital . Based in New York City, YieldMo is a provider of mobile advertising solutions for publishers and marketers. PRESS RELEASE (New York, NY) December 5, 2013 — YieldMo, a technology company rethinking mobile advertising for publishers and marketers, today announced its Series B financing round led by Google Ventures. YieldMo raised $8 million in its latest round, with full participation from existing institutional investors including Union Square, Genacast, Rhodium, Dace Ventures and ff Venture Capital.