Cyprium Partners said Tuesday it made a subordinated debt investment in Hobbico. Financial terms weren’t announced. Champaign, Ill.-based Hobbico is a U.S. distributor of radio-control (R/C) models and general hobby products.
Brentwood Associates has bought a majority stake in Z Gallerie, a 50-store furniture retailer that got its start as a poster shop, according peHUB affiliate Buyouts magazine, which cited a source.
S2C Inc. said Tuesday it completed a $4.6 million Series C financing round led by GVT Fund and Industrial Technology Investment Corp. San Jose, Calif.-based S2C makes high-performance rapid system on a chip/ASIC prototyping systems.
H.I.G. Growth Partners, the growth capital arm of H.I.G. Capital, has invested in Boostability. Finanical terms weren’t announced. Lehi, Utah-based Boostability provides search engine optimization, local search, website creation, social and other digital marketing services to the small and medium business market local and internationally.
Welsh, Carson, Anderson & Stowe has sold TransFirst to Vista Equity Partners. No financial terms were disclosed. Based in Hauppauge, NY, TransFirst is a provider of of payment tech solutions to merchants in the U.S.
GE Capital's aviation financing unit has agreed to buy Milestone Aviation Group, a Dublin-based helicopter leasing company, for $1.775 billion.
AIMCo, Allianz Capital Partners and Hastings have agreed to acquire Porterbrook, a UK-based rolling stock leasing company. No financial terms were disclosed. The deal is expected to close by the end of October.
Private equity firm Silver Lake failed to reach a deal to acquire and combine photo-sharing sites Shutterfly Inc and Snapfish by a deadline on Friday, Bloomberg reported, citing people familiar with the matter.
Simplestream has secured funding from Beringea. Financial terms weren’t announced. Simplestream, of London, provides live streaming and live-to-VOD services.
The Ontario Teachers’ Pension Plan said Saturday it agreed to buy Bridon Ltd. The deal is valued at £365 million (US $587.5 million). The seller is Melrose Industries. UK-based Bridon makes wire rope.