Iris Dorbian
Prospira PainCare, which is backed by Enhanced Equity, Webster Capital and Pulse Equity, has acquired Advanced Interventional Pain Clinic. No financial terms were disclosed. AIPC is a provider of pain management solutions in the Orlando, Florida metropolitan market.
Recall Holdings Limited has acquired CitiStorage for a consideration of $47.2 million. The seller was Ares Capital Corp. Based in Brooklyn, NY, CitiStorage is a records management firm.
New York private equity firm Jacobson Partners has sold TUG Technologies to E-Z-GO, a subsidiary of Textron. No financial terms were disclosed. Based in Kennesaw, Georgia, TUG is a maker of ground support equipment serving the aviation sector.
Mill Road Capital has agreed to acquire R.G. Barry Corp. for $19 per share in a transaction valued at approximately $215 million. Peter J. Solomon Company is providing financial advice to R.G. Barry while Foley Hoag is advising Mill Road. Headquartered in Pickerington, Ohio, R.G. Barry is a maker of accessories brands.
Avista Capital Partners has acquired a non-controlling ownership stake in SEACOR for approximately $150 million in cash. Based in Fort Lauderdale, Florida, SEACOR is a provider of marine transportation equipment and logistics solutions.
New York-based private equity firm Aquiline Capital Partners said Monday that it has hired Reinhard Koester as an investment professional. In his new role, Koester will focus on banking and credit investments. Previously, Koester worked at J.P. Morgan where he served as a managing director and co-head of specialty finance and alternative asset managers.
Tall Tree Foods, a portfolio company of Altamont Capital Partners, has acquired Klement Sausage Co. No financial terms were disclosed. Greene Holcomb Fisher advised Klement's on the transaction. Based in Milwaukee, Klement's is a sausage maker.
L Capital Asia, a private equity fund backed by LVHM, has agreed to acquire a majority stake in Crystal Jade. No financial terms were disclosed. Based in Singapore, Crystal Jade is a restaurant chain.
Platinum Equity has completed the sale of Truesense Imaging to ON Semiconductor. No financial terms were disclosed. Truesense Imaging is a provider of image sensing devices.
VRS VeriClaim UK, a subsidiary of T&H Global Holdings, which is owned by private equity firm Flexpoint Ford, has acquired Ellis May Chartered Loss Adjusters. No financial terms were disclosed. Based in the UK, Ellis May is a provider of loss adjusting and associated engineering and surveying services for high net worth and commercial claims.