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San Diego-based Huntington Capital provided debt financing to newly formed Protect Plus Air Holdings, the company announced Wednesday. Huntington Capital co-invested with Plexus Capital Fund II, L.P., an SBIC mezzanine fund based in North Carolina, the company said in a written release. Protect Plus Air Holdings was setup to roll-up five air filtration companies majority-owned by Hickory, NC based Lackey Group.
Call Genie Inc. is buying the assets of data analytics and mobile advertising company VoodooVox Inc. As a result of the deal, SoftBank Capital becomes a new shareholder in Call Genie. Under the terms of the deal, Call Genie will issue 11.2 million shares of to VoodooVox shareholders, as well as pay an additional $1.8 million in cash.
IBM is acquiring Green Hat, a maker of quality and testing software for cloud and other environments. Terms of the deal were not released. Green Hat was formed in 1996 and is based in London.
Oak Investment Partners and Mansa Capital have recapitalized Independent Living Systems, a provider of long-term care, care management, post-discharge and nutrition services to the elderly and other special needs groups. Terms of the deal were not released.
Grey Mountain Partners has acquired Selma, Ala.-based Global Security Glazing, a maker of institutional security, military, and custom architectural glass and glazing products. Terms of the deal were not released. Grey Mountain Partners is a Boulder, CO-based private equity firm.
AAIPharma Services Corp., a private equity backed provider of pharmaceutical product development services, has acquired Celsis Analytical Service. AAIPharma is backed by Chicago-based Water Street Healthcare Partners. Terms of the deal were not released.
Paladin Capital Group has promoted Paul Conley to managing director. The firm also promoted Christopher Steed to vice president and Gibb Witham to senior associate. Conley joined Paladin in 2007, and was previously the co-founder and chief executive of BrightScale, a Silicon Valley-based fab-less semiconductor company.
Middle-market buyout shop The Jordan Company has exited its investment in International Mining Machinery Ltd., selling the company to publicly traded Joy Global Inc. Joy Global paid roughly $584.6 million for a 41% stake. International Mining Machinery is a designer and manufacturer of underground long wall coal mining equipment in China.
Chromatin Inc., a Chicago-based developer of energy-crop feedstock products, has sealed a $5.7 million contract from the U.S. Department of Energy’s Advanced Research Projects Agency-Energy. The money is designed a three-year program to develop new varieties of sweet sorghum for use as an energy-rich, low cost feedstock for transportation fuels, the company said in a written release.
Buyout firm MidOcean Partners has acquired a majority stake in Jones & Frank, a provider of equipment distributor and repair, maintenance, and installation services provider to the fueling infrastructure industry. Terms of the deal were not released. Jones & Frank is based in Raleigh, N.C.
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