Iris Dorbian
Houston-based EIV Capital LLC, an energy-focused private equity firm, has closed its third fund at a hard cap of $450 million, beating its original $350 million target.
Huntsman Family Investments has agreed to acquire GTA TeleGuam, a provider of telecommunications services in Guam. The seller is Advantage Partners. No financial terms were disclosed. Citigroup served as financial adviser to GTA and Advantage Partners on the transaction.
Z Capital Partners LLC has closed its previously announced acquisition of Las Vegas-based casino gaming operator Affinity Gaming for $17.35 per share in cash, putting it at a valuation of about $580 million. Citizens Capital Markets Inc served as financial adviser to Z Capital on the transaction.
Crane 1 Services, a portfolio company of Pfingsten, has acquired Monroe, Ohio-based Crane Service & Inspections, a provider of overhead crane and below the hook lifting device services and equipment. No financial terms were disclosed.
Lisle, Illinois-based Aquilon Energy Services Inc, a software and service solutions provider for the energy industry, has raised $19 million in Series B financing. The investors included Citi, Goldman Sachs Principal Strategic Investments, Invenergy and Macquarie Group.
Sovos Brands, which is backed by Advent International, has acquired Austin-based Michael Angelo’s Gourmet Foods Inc, a leading provider of authentic frozen Italian entrées. No financial terms were disclosed. Piper Jaffray served as finanical adviser to Michael Angelo’s on the transaction while Deutsche Bank did likewise for Advent International.
Ardian has acquired Techint's remaining 20 percent stake in HISI, an Italian holding company that focuses on providing services for the hospital sector. No financial terms were disclosed. As a result of the transaction, Ardian has become HISI's sole shareholder.
An investor group that includes Ardian has sold Laboratoires Anios to Ecolab for about 750 million euros. Europe-based Laboratoires Anios is a provider of disinfection solutions for hospitals and clinics.
Longford Capital has appointed Russell J. Genet as a director. Previously, Genet was a partner at law firm Nixon Peabody LP.
The Riverside Company has sold St. Petersburg, Florida-based YourMembership, a member engagement platform for member-based organizations. The buyer was not identified. No financial terms were disclosed. Harris Williams advised Riverside on the transaction.