CCMP has closed its previously announced acquisition of a controlling stake in Hillman from Oak Hill Capital. CCMP made the investment in partnership with Hillman's current management team. Oak Hill Capital will retain a "significant" minority stake in Hillman. Headquartered in Cincinnati, Hillman is a provider of fasteners, key duplication systems, engraved tags and related hardware items.
Involta has received $50 million in financing. M/C Partners led the round with participation from Morgan Stanley Alternative Investment Partners. Involta owns and operates multi-tenant data centers in the U.S.
H-D Advanced Manufacturing Company has acquired Sungear. Headquartered in San Diego, CA, Sungear manufactures precision gear components for aerospace suppliers worldwide. H-D was formed in December 2012 by The Riverside Company, Hicks Equity Partners and Weinberg Capital Group.
Wynnchurch Capital has acquired U.S. Manufacturing Corporation. Based in Warren, MI and Guanajuato, Mexico, USM is a manufacturer of highly engineered extruded products and solutions for a variety of industrial markets.
Clearlake portfolio company Tolt Solutions has acquired the Unity Managed Network Services division from iPass Inc. The business is a provider of retail and distributed enterprise network design, implementation and managed services.
A private equity consortium led by Ethos Private Equity has acquired a majority stake in the RTT Group for an undisclosed sum. Other shareholders in the consortium are African Development Partners II, a private equity fund advised by Development Partners International and the Government Employees Pension Fund, represented by the Public Investment Corporation.
Versa Capital Management's Vestis Retail Group is to acquire Sport Chalet. The business is a US-based specialty sporting goods retailer.
UK-based Albion Ventures has invested in the development of two purpose-built residential care homes for the elderly. The new facilities will be located in Cumnor Hill, Oxford and Hillingdon, Greater London and will cater for a total of 130 elderly residents, providing hotel style accommodation including a bistro, private dining room, library and spa.
Gryphon Investors is exiting Flagstone Foods after more than three years.
CarProof, a portfolio company of U.S. private equity firm Hellman & Friedman, has bought vehicle valuation guide Canadian Red Book Ltd, according to a report by Canadian Auto World. The value of the acquisition was not disclosed. Founded in 2000, the London, Ontario-based CarProof is a supplier of comprehensive used vehicle history reports. Last August, the company sold a minority stake to Hellman & Friedman for an undisclosed sum.