Iris Dorbian

Healthcare Solutions, a portfolio company of Brazos Private Equity Partners, has acquired Modern Medical. No financial terms were disclosed for the transaction, which closed September 13, 2013. Based in Lewis Center, Ohio, Modern Medical is a provider of pharmacy management and health services for the workers' compensation market.

JP Energy, which is backed by ArcLight Capital Partners, has agreed to acquire Highway Pipeline. No financial terms were disclosed. Based in Cibolo, Texas, HPI is a freight shipping and trucking company.

Print and digital marketing company Harte-Hanks has agreed to sell its Shoppers division to OpenGate Capital for approximately $22.5 million in cash. The transaction is expected to close before September 30, 2013. The Shoppers division is also comprised of PennySaver, a provider of print and digital marketing and advertising services.

Senior Housing Properties Trust, a real estate investment trust, said Friday that it has inked an agreement to sell New England Rehabilitation Hospital and Braintree Rehabilitation Hospital to The Sanders Trust and Harrison Street Real Estate Capital for $90 mln. SNH expects the transaction to be completed mid-year 2014.

Private equity firm TPG Capital has invested approximately $108.6 million in Xinyuan Real Estate Co. Ropes & Gray advised TPG in the transaction. Based in Beijing, Xinyuan is a real estate developer.

Asset management firm Victory Park Capital has invested in Reich Brothers Holdings. No financial terms were disclosed. Reich Brothers is a provider of capital asset solutions.

Capstone Financial Group said Thursday that it will implement a 20-for-1 forward split of its stock, effective September 23, 2013. The forward split will increase the number of issued and outstanding shares to 90,200,000. Based in Irvine, Calif., Capstone, which trades under the ticker symbol CAPP, is an investment and merchant banking firm.

Gentiva Health Services said Thursday that it has agreed to acquire Harden for approximately $408.8 million. The transaction is expected to close in the fourth quarter of 2013. Edge Healthcare Partners is serving as financial advisor to Gentiva while Barclays is advising Harden. Barclays and BofA Merrill Lynch have provided financing for the acquisition. Based in Austin, Texas, Harden, which was backed by Capstar Partners, is a provider of home health, hospice and community care services.

Global law firm Goodwin Procter said Thursday that it has named Jared G. Jensen as a partner in the firm's private equity practice. Jensen, who is based in Goodwin Procter's San Francisco office, previously served as senior corporate counsel at Amazon.com.

Glassbeam said Thursday that it has closed $3 million in funding. The lead investor was VKRM Group. Also, Kumar Malavalli of VKRM Group has joined Glassbeam's board as chairman. Headquartered in Sunnyvale, Calif., Glassbeam is a provider of machine data analytics.