Investcorp has acquired Italian protective clothing maker Dainese for 130 million euros ($163 million), the alternative investment firm said in a statement on Wednesday.
Industrial Growth Partners has bought Grakon, a Seattle-based maker of lighting systems and components for the transportation sector. No financial terms were disclosed.
Bain Capital has acquired a 50 percent stake in TOMS. No financial terms were disclosed. As a result of the transaction, TOMS founder Blake Mycoskie will have a 50 percent ownership of the company. TOMS is a "one for one" shoe, eyewear and coffee company.
Peregine Ventures has sold about 30 percent of its stake in Neovasc to Fidelity Investments for $12 million. According to the details of the transaction, Peregine sold two million of its 6.7 million Neovasc shares at $6 per share. Based in British Columbia, Neovasc, which currently trades on the NASDAQ and on the Toronto Stock Exchange under the ticker symbol "NVCN," provides medical devices for the vascular and surgical market.
Ease Entertainment Services has secured an undisclosed investment from Bison Capital. Based in Beverly Hills, Calif., Ease is a payroll and software services firm for the entertainment industry,
Phoenix Strategy Investments has bought PI Worldwide. No financial terms were disclosed. Based in Wellesley, Mass., PI is a provider of workforce analytics and insights.
Franklin Square's FSIC funds, which are sub-advised by Blackstone's GSO, have agreed to provide $300 million in debt financing to NewStar. This transaction also includes warrants that will be issued in two tranches. Headquartered in Boston, NewStar is a specialized finance firm.
FFL has closed its buy of Icynene, an Ontario-based maker of spray polyurethane foam insulation products. No financial terms were disclosed.
Chicago-based property services firm DTZ has been sold to an investor group composed of TPG, PAG Asia Capital and Ontario Teachers’ Pension Plan. No financial terms were disclosed.
Bridge Growth Partners has agreed to buy CRGT from Veritas Capital. No financial terms were disclosed for the deal, which is expected to close by the end of the year. Wells Fargo and Stifel Nicolaus provided financial advice to CRGT on the transaction while Credit Suisse advised Bridge Growth. Also, Kevin Parker of Bridge Growth will become the chairman of CRGT's board of directors. Based in Reston, Virginia, CRGT is a provider of custom software development and data analytics to federal government agencies.
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