Collagen Matrix has received an undisclosed investment from Metalmark Capital. RBC Capital Markets was financial advisor on the transaction. Headquartered in Oakland, NJ, Collagen Matrix is a provider of products and technology used in tissue repair and regeneration.
Prudential Capital Group has invested $38 million in MediGain LLC, which provides revenue cycle management services and analytics for the healthcare industry. Deloitte Corporate Finance worked as financial advisor to MediGain.
After just a two-year hold, Aquiline Capital Partners is looking to sell auto finance company First Investors Financial Services, two sources said.
After just a two-year hold, Aquiline Capital Partners is looking to sell auto finance company First Investors Financial Services, two sources said.
Pembina Pipeline Corp (TSX: PPL, NYSE: PBA) has completed its previously announced buy of the Vantage pipeline system and Mistral Midstream Inc's interest in a Saskatchewan ethane processing plant. The assets were acquired from U.S. private equity firm Riverstone Holdings in a transaction valued at US$650 million. Pembina, a Calgary-based transportation and midstream service provider, said the deal will support its growth strategy by increasing its footprint into North Dakota's Bakken formation and connecting it to the Alberta petrochemical market. Mistral Midstream is a developer of gas processing opportunities for Calgary's Mistral Energy Inc, a portfolio company of Riverstone since 2010.
Aqua Terra Water Management LP, a merchant operator of salt water disposal facilities with significant Canadian assets, has made new acquisitions in the Midland Basin of west Texas. It bought two saltwater disposal facilities operated by Texas SWD Co Inc and a permit for a facility from Coronado Minerals LLC for an undisclosed amount. Aqua Terra was formed by U.S. private equity firm Bregal Partners last November. Its first investment was Grande Prairie, Alberta's Four Winds Energy Services Ltd.
Urbanimmersive Technologies Inc (TSXV: UI) has secured additional funds from the Caisse de dépôt et placement du Québec. The Caisse provided a secured convertible debenture totaling $250,000, which if exercised along with other conversion rights would give it around 19.75 percent of the company's outstanding common shares. Founded in 2007, Urbanimmersive is focused on developing Web and 3D immersive technologies for the real estate sector. It is based in Laval, Québec.
TierPoint LLC, a provider of cloud, colocation, and managed services, has agreed to acquire Xand, a portfolio company of U.S. private equity firm ABRY Partners, for an undisclosed amount. The deal, which will give the St. Louis, Missouri-based TierPoint additional data centre capacity, is being supported by the company's existing investors as well as a new investor, Teachers’ Private Capital, the private equity arm of Ontario Teachers’ Pension Plan. The acquisition is expected to close in November. Based in Hawthorne, New York, Xand was acquired by ABRY in October 2011.
UniCredit (CRDI.MI) has started exclusive talks with a consortium comprising U.S. Fortress Investment Group (FIG.N) and Italy's Prelios (PCRE.MI) to sell debt recovery unit UCCMB, a source close to the matter told Reuters on Friday.
Radiant Zemax, a provider of test, measurement and design solutions for the optics, illumination and display sectors, has sold its Zemax unit to Arlington Capital Partners. No financial terms were disclosed. As a result of the transaction, the Radiant division will continue to be backed by Evergreen Pacific Partners. Stifel served as financial advisor to Radiant Zemax and Evergreen Pacific Partners in the sale.