Iris Dorbian

DataBank, a portfolio company of Avista Capital Partners, has acquired Arsalon Technologies. No financial terms were disclosed. Based in Lenexa, Kansas, Arsalon Technologies is a managed services and colocation provider.

FMC Technologies has completed the sale of its material handling products business to Syntron Material Handling, an affiliate of Levine Leichtman Capital Partners. No financial terms were disclosed.

Laboratoires Anios, which is owned by Ardian, has acquired Soluscope. No financial terms were disclosed. Based in Aubagne, France, Soluscope is a maker of washer-disinfectors for endoscopes used in hospitals.

Private equity firm Ardian said Wednesday that it has raised 70 million euros for its SME fund. According to the firm, the majority of the pool's LPs are European investors.

Vestar Capital Partners has closed its buy of Institutional Shareholder Services from MSCI. According to various news reports, the purchase price was for $367 million. Morgan Stanley was the financial adviser to MSCI on the transaction. ISS is a provider of proxy advisory and corporate governance solutions to financial market participants.

Beekman said Wednesday that it has acquired "select assets" of out-of-home advertising firm Brite Media. No financial terms were disclosed.

Integrity Nutraceuticals, a portfolio company of H.I.G. Capital, has acquired Cornerstone Research & Development from Sun Capital. No financial terms were disclosed. Houlihan Lokey was the exclusive financial advisor to Cornerstone on the transaction. Based in Ogden, Utah, Cornerstone is a producer of capsule, tablet and powder products.

In a joint venture with Premier Foods, Gores Group has acquired a 51 percent stake in UK flour and bread brand Hovis. Premier Foods will retain a 49 percent stake in the firm. According to terms of the deal, Gores will pay 30 million pounds for its controlling stake in Hovis. However, of that amount, 15 million pounds is "deferred and contingent on future business performance." Also, Gores and Premier Foods have agreed to invest up to 45 million pounds in Hovis.

Columbia Sportswear Company has agreed to acquire lifestyle apparel brand PrAna from majority owner Steelpoint Capital Partners and others for $190 million in cash. Scott Kerslake, CEO of PrAna, will remain in his position and report directly to Columbia President and CEO Tim Boyle. J.P. Morgan Securities served as financial advisor to Columbia Sportswear Company on the transaction while Baird Capital advised PrAna.

Symphony Performance Health, which is owned by Symphony Technology Group, has named Dr. David S. Hanekom as chief medical officer. Hanekom is the former chief medical officer and vice president of medical management of Blue Cross Blue Shield of North Dakota. Based in Alpharetta, Georgia, Symphony Performance Health is a provider of best-in-class information, analytics and technology solutions for health network clients.