Crestview Partners has acquired JR Automation from Huizenga Automation Group LLC. No financial terms were disclosed. Based in Holland, Michigan, JR Automation is a provider of automated manufacturing system solutions.
Harbour Group has acquired Eden Prairie, Minnesota-based Phillips & Temro Industries Inc, a provider of thermal management systems and controls for the transportation and heavy equipment sectors. No financial terms were disclosed.
Germany's second-biggest utility RWE has bought a minority stake in solar group Conergy, hoping to expand its foothold in the embattled solar industry after having missed the trend for years, Reuters reported.
Buyout firm Apollo Global Management LLC is in advanced talks to acquire most of the assets of Digital First Media, publisher of the Denver Post and San Jose Mercury News, for around $400 million, sources told Reuters.
Bertram Capital has launched a holding company that will back businesses that create and manage digital content for ecommerce applications. The platform launch coincides with the completion of two Bertram acquisitions: Sandbox Studio LLC and KSC Studio LLC (dba OneKreate). Both of these companies provide ecommerce product photography and creative content solutions. No financial terms were disclosed.
Armory Merchant Holdings has made an undisclosed investment in Capital Guardian Holdings. Backed by Northern Star Capital Holdings, Capital Guardian is a financial services firm.
U.S. arms maker Raytheon Co is in talks to buy network-security company Websense Inc, owned by private-equity firm Vista Equity Partners LLC, Bloomberg reported citing people familiar with the matter.
Investcorp INVB.BH, the Bahrain-listed alternative investment fund, has bought a portfolio of residential properties in the United States for around $300 million, it said on Tuesday, Reuters News reported.
Norwest Equity Partners said Tuesday it invested in eyebobs. Financial terms weren’t announced. Minneapolis-based eyebobs designs a line of reading glasses. Imperial Capital served as financial advisor to eyebobs.
Babson Capital Management said Monday that it acted as lead arranger of a loan to support Bridgepoint’s buy of eFront. Babson said it co-arranged the debt financing to support the acquisition alongside a group of banks. In January, peHUB reported that Bridgepoint was buying eFront, a Paris financial software company. Reuters News then reported that banks had lined up to provide 130 million euros ($145.89 million) of loans to back the sale to Bridgepoint.