Iris Dorbian
One Equity Partners, a mid-market private equity firm, has closed its sixth fund at $1.65 billion.
Mellivora Capital Partners has acquired the West Virgina-based Sugar Grove Naval Base from a Government Services Agency public auction. No financial terms were disclosed for the transaction that was done with lead investors Robert Pike and W Cobb Hazelrig.
Monomoy Capital Partners has named Ashley Johansen as a managing director and head of investor relations and fundraising. She is a former partner and capital-raising head at Coller Capital.
Altus Capital Partners has acquired Pittsburgh-based MAX Environmental Technologies, an integrated environmental solutions provider specializing in waste management. No financial terms were disclosed. Benesch Friedlander Coplan & Aronoff LLP provided legal advice to Altus on the transaction.
TSG Consumer Partners has hired Chase Brogan as a principal. Previously, Brogan worked at Guthy|Renker where he led the corporate development activities.
First Read begins the day with news that Carl Icahn wants to sell his shuttered Trump Taj Mahal casino in Atlantic City, Chinese photo-sharing app Kuaishou plans on going public in the U.S. later this year, and Peter Thiel says he's not running for governor of California.
KKR Prisma and Pacific Alternative Asset Management Company LLC have agreed to form a new firm PAAMCO Prisma Holdings, a new liquid alternatives investment firm. No financial terms were disclosed; however, according to terms of the deal, KKR will retain an almost 40 percent stake in the combined business while employees of PAAMCO and KKR Prisma will own the remainder. Simpson Thacher & Bartlett LLP advised KKR. And, Moelis & Company LLC and K&L Gates LLP advised PAAMCO.
Salient CRGT Inc has agreed to acquire Springfield, Virginia-based Information Innovators Inc, a provider of solutions and services to IT and health-focused clients across the federal government. No financial terms were disclosed. Salient CRGT is backed by Bridge Growth Partners LLC and Frontenac Co, while Information Innovators' is backed by DFW Capital Partners.
Second Opinion closes out the day with news that top tech companies file their opposition to Trump's travel ban, Uber hires a NASA expert to help develop flying cars and more than 111 million people watched the New England Patriots triumph yet again in the Super Bowl.
BayMark Health Services, which is backed by Webster Capital, has acquired Louisiana-based AppleGate Recovery, an addiction recovery clinic and Virginia-based Coleman Institute, a detox program for opiates provider. No financial terms were disclosed. BayMark is provider of opioid treatment services.