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Palladium Equity Partners has recapped ABRA Auto Body & Glass, a provider of vehicle damage repair services based in Minneapolis. Terms of the deal were not released. ABRA was formed in 1984.

Sara Lee Corp. is considering a 115 million euro ($159 million) offer by Sagard Private Equity Partners for its EuroDough business. Based in France, EurDough sells chilled baking dough across Europe. Sagard is a French investment firm.

Vikram Lall has been named chairman of India-focused private equity firm Elephant Capital. He replaces Pramath Raj Sinha. Lall has been a non-executive director of Elephant Capital since October. Sinha will remain as a non-executive director on the board.

Morgan Stanley Private Equity Asia has acquired a controlling stake in Korean restaurant franchiser Nolboo, Reuters reported Monday. According to media reports, the deal was valued at roughly 120 billion won ($108 million). Nobloo has about 700 restaurants across Korea, China, Singapore and Thailand.

Best Buy is paying $167 million to buy mindSHIFT Technologies Inc., a venture funded managed service provider for small and mid-sized businesses. Backed by investors including Columbia Capital, Volition Capital and TD Fund, mindSHIFT provides cloud services, data center services and professional services to more than 5,400 clients. The deal is expected to close around the end of this year.

Commodities trading house Trafigura is planning to double the size of its fund arm Galena with the launch of a new private equity fund and the roll out of a macro fund to outside investors, Reuters reported, citing an article in the Financial Times. Galena currently has about $1.8 billion under management. Chief Jeremy Weir told the FT he wanted to grow the fund arm into a $4 billion-plus business to capitalize on the opportunities created by the withdrawal of bank lending, Reuters wrote.

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Canadian pension fund Ontario Municipal Employees Retirement System has sealed additional financing for its acquisition of Scotland-based shipping services company V.Group, Reuters reported Friday. HSBC and Citi joined the Royal Bank of Canada in underwriting a $260 million loan for the acquisition. OMERS acquired V.Group in July from private equity firm Exponent for $520 million backed by leveraged loans solely underwritten at the time by RBC, Reuters wrote.

Vestar Capital Partners said Friday that it had closed its office in Munich, and has plans to close its Paris office by year-end. Each office had four employees. Speaking of the decision, Vestar Chief Daniel O'Connell said that the firm continues to be concerned about the volatile investment outlook for Europe.

Phoenix Asset Management has acquired DAVID Corp., provider of risk management and insurance software and services. Terms of the deal were not released. Phoenix is a private equity firm focused on middle market investments.