Iris Dorbian
EAT, a portfolio company of Lyceum Capital, has received 40 million pounds in unitranche financing from Ardian. Based in the UK, EAT is a food-to-go provider.
Citizens Financial Group Inc, the U.S. unit of Britain's Royal Bank of Scotland, filed with U.S. regulators for an initial public offering of common stock that would raise about $100 million.
Swift Worldwide Resources, a portfolio company of Wellspring Capital Management, has added Rodney F. Nelson as a non-executive member of its board. Nelson has served as a corporate officer and vice president at Schlumberger. Based in Houston, Swift is a provider of contract engineers and other personnel to the oil and gas sector.
Veracity Payment Solutions, a portfolio company of Great Hill Partners, said Tuesday that it has acquired Vanco Services. No financial terms were disclosed. The company will be rebranded as Vanco Payment Solutions. Also, Veracity has named Kevin Lee to lead Vanco as CEO. Raymond James & Associates advised Vanco on the transaction. Based in Minnesota, Vanco is an electronic payment solutions provider.
Specialty retailer Aaron's has named Brian R. Kahn to its board. The appointment becomes effective May 20. Also, Matthew E. Avril will join the board as well. Kahn is a managing member of Vintage Capital Management, an Aaron's shareholder, while Avril is the former president of Starwood's hotel group.
Investment bank Seabury Group has promoted Brian Karpiel and Antares Reis to managing directors. Both will be working in the firm's aerospace investment banking division.
Canadian private equity firm Onex has raised $5.15 billion for its fourth fund. The target was $4.5 billion. Its LP base includes public employee pension plans and sovereign wealth funds.
Charlotte, NC-based private equity firm Falfurrias Capital Partners said Tuesday that it has acquired a controlling stake in American Safety Council. No financial terms were disclosed. Located in Orlando, Florida, ASC is a provider of e-learning solutions that focus on transportation and workplace safety.
Jonah Energy, which is owned by TPG, has completed its buy of the Jonah field operations based in Sublette County, Wyoming. The seller was Encana Oil & Gas, a subsidiary of Encana Corp. The price of the acquisition was approximately $1.8 billion.
Pyramid Healthcare, a portfolio company of Clearview Capital, has acquired Onward. No financial terms were disclosed. Based in Paoli, Penn., Onward is a provider of mental health and substance abuse treatment to adults and adolescents throughout the Delaware Valley region.