Iris Dorbian

Clarabridge said Tuesday that it has hired Nithi Vivatrat as chief product officer. Vivatrat is a co-founder of Claraview, Clarabridge's spin-off parent company that was acquired by Teradata Corp. Clarabridge, which is backed by General Catalyst Partners and Summit Partners, is a provider of customer experience management solutions.

Investment firm Dynasty Financial Partners said Tuesday that it has named Tom Petrone as director of capital markets. Petrone will be based in New York City and report to Dynasty Chairman Todd Thomson. Prior to joining Dynasty, Petrone worked at Citigroup where he served as head of capital markets.

Panda Power Funds, a Dallas-based private equity firm, said Tuesday that it has bought a majority stake in a planned power plant located in Loudoun County, Virginia. No financial terms were disclosed. Panda's partners in the venture include Bechtel Development and Green Energy Partners/Stonewall. The facility is expected to be operational in the spring of 2017.

Blackstone Real Estate Advisors has agreed to buy 16 hotels from Hersha Hospitality Trust for $217 million. The transaction is expected to close by the end of the first quarter of 2014. Hersha Hospitality Trust is an owner of upscale hotels in urban markets.

Vista Equity Partners, owner of Vitera Healthcare Solutions, has agreed to acquire Greenway Medical Technologies for approximately $644 million. According to the details of the agreement, Vista Equity will pay Greenway shareholders $20.35 in cash for all outstanding Greenway common stock they hold. The transaction is expected to close in the fourth quarter of 2013. J.P. Morgan is serving as financial advisor to Greenway while Jefferies LLC and BMO Capital Markets are advising Vista. BMO Capital Markets will provide financing for the deal. Greenway, which will merge with Vitera Healthcare Solutions, is a provider of software solutions for healthcare professionals.

MML Capital Partners has acquired Apache Industrial Services. GoldPoint Partners, Cigna Investment Management and Apache's management team also invested in the buy. No financial terms were disclosed. PNC Bank provided financing for the transaction while Stephens Inc. served as financial advisor to MML. Based in Houston, Apache is a provider of industrial services for the petrochemical, industrial and energy sectors.

Confie Seguros, a portfolio company of ABRY Partners, has named Darrin Silvera as chief revenue officer. Previously, Silvera worked at Trivista where he served as senior vice president and managing director. Based in Huntington Beach, Calif., Confie Seguros is a personal insurance provider that focuses on the Hispanic market.

AVAST Software, which is backed by Summit Partners, said Tuesday that it has acquired Jumpshot. No financial terms were disclosed. Based in Austin, Texas, Jumpshot is a provider of solutions that help optimize PCs.

Austin-based private equity firm Peak Rock Capital has closed $700 million for its debut fund. According to Peak Rock, the fund was oversubscribed and had exceeded its target of $400 million. The pool will focus on making investments in middle-market companies.

Investcorp, an alternative investments provider, said Tuesday that it has bought Paper Source from Brentwood Associates, an LA-based private equity firm. No financial terms were disclosed. Headquartered in Chicago, Paper Source is a retailer that sells stationery, crafting supplies and unique gifts.