PEI Staff
Bridgepoint Development Capital sold its majority stake in Unifaun Group, a provider of transport management software in the Nordic region, to funds managed by Vitruvian Partners. Financial terms were not disclosed. Unifaun was formerly known as Memnon Networks.
Varsity Healthcare Partners sold its majority stake in Forefront Dermatology to OMERS Private Equity, the private equity arm of the Ontario Municipal Employees Retirement System. Varsity Healthcare invested in Forefront Dermatology, a provider of practice management services to dermatology clinics, in May 2014.
Tuscon, Arizona-based Mister Car Wash, a Leonard Green & Partners portfolio company, bought four Bill's Car Wash locations in Florida. Financial terms were not disclosed.
Intervale Capital invested alongside a veteran management team to form Entegra LLP. The new company provides in-line inspection services to the energy industry and operates out of Houston, Indianapolis, and Toronto. Financial terms were not disclosed.
Windjammer Capital Investors promoted Daniel Lee and Ryan Pertz to vice president. Lee, who works in Windjammer’s Waltham, Massachusetts office, joined the firm in 2010 from Summer Street Capital. Pertz joined the firm’s Newport Beach, California office in 2013. He previously was an associate at HM Capital.
An affiliate of Sun Capital Partners Inc acquired Arkansas-based Furniture Factory Outlet LLC, a home furnishings retailer, from Alpine Investors. Terms of the transaction were not disclosed.
Ardian purchased a majority stake in F2A Group, an Italian provider of human resources and administration services, from Argos Soditic. Paris-based Ardian invested alongside F2A’s management team to hold 100 percent of the company.
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L Catterton closed its third North American growth fund at an oversubscribed $615 million. L Catterton Growth Partners III LP was targeting $500 million, according to a regulatory filing. The closing comes a month after Catterton joined forces with luxury goods company LVMH Moet Hennessy Louis Vuitton SE and investment firm Groupe Arnault.
Metalmark Capital and Silverhawk Capital Partners acquired WorldStrides, an educational travel company, from The Carlyle Group. Financial terms were not disclosed. Carlyle bought WorldStrides in October 2011.