Iris Dorbian

Trilantic Capital Partners said on Monday that it has purchased a minority stake in Traeger Pellet Grills. No financial terms were disclosed. Headquartered in Wilsonville, Oregon, Traeger Pellet Grills is a producer of wood pellet grills, wood pellets, sauces & spices, and grilling accessories.

Catterton Partners has made an investment in CorePower Yoga. No financial terms were disclosed. Robert W. Baird & Co. acted as financial advisor to Catterton for the transaction. CorePower Yoga is a yoga studio operator in the U.S.

Wynnchurch Capital, a Chicago-based private equity firm, said on Friday that it is planning to make a series of investments in Detroit Tool Metal Products, Co, which it previously acquired. The investments will be made in partnership with the company's management team. No financial terms were disclosed. Bank of the West provided senior debt financing for the transaction while Bank of Montreal provided mezzanine financing and an equity co-investment. Based in Lebanon, Missouri, Detroit Tool Metal Products is a provider of precision metal stampings and components for the truck, construction, industrial, and agricultural sectors.

The Carlyle Group said on Friday that it has closed a $517 million CLO fund. The fund, which is part of Carlyle's Global Market Strategies platform, will invest in corporate leveraged loans and high yield bonds. The transaction was arranged by Citibank.

Direct ChassisLink, a portfolio company of Littlejohn & Co., has acquired from Hyundai Merchant Marine its chassis fleet operating in the U.S. No financial terms were disclosed. Headquartered in Seoul, South Korea and Dallas, Texas, HMM is an ocean carrier.

Clearlake Capital Group said on Friday that it has closed its previously announced acquisition of the North American Rental and Tubular Services divisions of Archer Limited. The new company has been rebranded IronGate Energy Services. No financial terms were disclosed for the transaction. Terry Keane, who served as president of the Rental and Tubular divisions, has been named president and CEO of IronGate. Also, Jose E. Feliciano, a founding partner at Clearlake and Colin Leonard, vice president at Clearlake, join IronGate’s board of directors. Based in Houston, IronGate is a provider of rental and tubular services to oil and natural gas exploration and production operators in North America.

Arch Coal has agreed to sell Canyon Fuel Company to Bowie Resources for $435 million. The transaction is expected to close in the third quarter of 2013. Also, Galena Private Equity Resources Fund will purchase a minority equity stake in Bowie. FBR Capital Markets & Co. and Deutsche Bank are serving as financial advisors to Arch for the transaction while Morgan Stanley & Co. is acting as financial advisor to Bowie. Headquartered in Louisville, Kentucky, Bowie is a provider of coal.

Strand Equity Partners said on Thursday that it has purchased a minority ownership stake in Bai Brands. No financial terms were disclosed. Based in Princeton, NJ, Bai is a beverage producer.

LBC Credit Partners, a provider of financing solutions to middle market companies, said on Thursday that it has recapitalized MPI Products with a $35,000,000 second lien term. A portfolio company of Monomoy Capital Partners, the Rochester Hills, Michigan-based MPI is a producer of components for powertrain systems, hydraulic systems and other automotive and industrial applications.

Reputation.com, a provider of online reputation management and privacy solutions, has acquired PaperKarma. No financial terms were disclosed. Reputation.com is backed by August Capital, Insight Venture Partners, Bessemer Venture Partners, Jafco Ventures and Kleiner Perkins Caufield & Byers. PaperKarma, which was seeded by SV Angel, is an app that eliminates unwanted mail.