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Iris Dorbian

New York-based private equity firm Clayton, Dubilier & Rice said Thursday that it has hired John Compton as an operating advisor, effective immediately. Previously, Compton was the president of PepsiCo. He is also the former CEO of Pilot Flying J Corp.
BuildingIQ has named Michael J. Nark as the company’s president and CEO. The appointment was effective September 7, 2013. Nark succeeds Michael Zimmerman who is now senior vice president of business development for the company. In addition to his new roles, Nark will also serve on BuildingIQ's board of directors. Based in Foster City, Calif., BuildingIQ is a provider of energy management software solutions. It is backed by Aster Capital, Siemens Financial Services' venture capital unit, Paladin Capital and the energy division of the Commonwealth Scientific and Industrial Research Organisation.
JP Energy Development, a subsidiary of the ArcLight Capital Partners-backed JP Energy Partners, has agreed to acquire Wildcat Permian Services from Wildcat Midstream Mesquite and Approach Midstream Holdings. No financial terms were disclosed for the transaction, which is expected to close late in the third quarter or early in the fourth quarter of 2013. Based in North Texas, Wildcat Permian Services runs a 40-mile crude gathering and storage system in Crockett, Iron and Reagan Counties.
Resource Capital Partners, a private equity fund manager, said Thursday that it will invest up to $6 million for a 50.1% stake in the Maxut copper-nickel deposit in Kazakstan. This marks the fund's first investment. Also, RCP has also changed its name to Centurion Resource Group, effective immediately.
LLR Partners has added two new staffers to its team in Washington, D.C. Jason Rigoli has been named a principal while Michael Levenberg is a senior associate. Both will be working in LLR Partners' security, defense and government services sector. LLR Partners is a private equity firm that invests in middle-market companies.
Imperial Capital International, a subsidiary of Imperial Capital Group, has beefed up its team in London with two new hires. Alan Pierce and Alex Gutiérrez Rubino have both been named senior vice president for the credit trading group. Previously, Previously, Pierce headed investment grade/cross-over corporate credit trading at BNP Paribas while Gutiérrez Rubino worked as a senior credit analyst and trader at Chalkhill Partners. Imperial Capital is an investment banking firm.
Investcorp, an alternative investments provider, said Wednesday that it has sold its remaining stake in Fleetmatics. No financial terms were disclosed. Fleetmatics is a global provider of fleet management solutions for small and mid-sized businesses.
Strategic Wealth Partners said Wednesday that it has added Scott Smith to its team of investment advisors. Previously, Smith worked at Accretive Solutions. Based in Deerfield, Illinois, Strategic Wealth Partners is an investment firm for high-net worth individuals, families and institutions.
Groupon said Wednesday that it has acquired SideTour. No financial terms were disclosed. Backed by Foundry Group and RRE Ventures, SideTour is an online marketplace for consumers to book and host activities.
Aerohive Networks said Wednesday that it has named David Greene as chief marketing officer. Previously, Greene worked at Riverbed where he also served as CMO. Based in Sunnyvale, Calif., Aerohive Networks is a provider of wireless networking solutions. It is backed by Kleiner Perkins Caufield & Byers, Lightspeed Venture Partners, Northern Light Venture Capital, New Enterprise Associates and Institutional Venture Partners.
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