U.S. private equity firm Arias Resource Capital Management has completed its previously announced $15 million investment in Canadian mining company Largo Resources Ltd (TSXV: LGO). As a result of its acquisition of additional shares in the company, Arias has increased its existing stake to up to 33.7 percent of total outstanding common shares. The Toronto-based Largo indicated in September that it plans to use new funds to support production at its Maracas Menchen vanadium mine in Brazil.
Lemonade Restaurant Group has received an undisclosed investment from KKR. North Point Advisors provided financial advice to Lemonade on the transaction. Based in Southern California, Lemonade is a casual restaurant chain.
Singapore-based biotech firm PrIME Biologics has received SGD16 million in funding. The investors were Xeraya Capital and JP Asia Prime Capital. According to the company, the capital will help establish the first human blood fractionation plant in South East Asia.
Lower middle market-focused private equity firm Generation Growth Capital has bought Atlantic Precision. No financial terms were disclosed. Based in Port St. Lucie, Florida, API is a provider of 3D printing metal and additive manufacturing technologies.
Dutch private equity group Waterland is in exclusive talks to buy Median Kliniken, Germany's largest private sector chain of health rehabilitation clinics, sources told Reuters.
Hellman & Friedman has closed its previously announced buy of Grocery Outlet from Berkshire Partners. Grocery Outlet's senior management team teamed up with Hellman & Friedman on the transaction. No financial terms were disclosed. Based in Emeryville, Calif., Grocery Outlet is a discount supermarket chain.
Private equity buyout firm TPG has approached troubled British grocer Tesco PLC to buy its data gathering and analysis subsidiary Dunnhumby, which is worth well over 2 billion sterling, the Sky News reported on Monday.
Genstar Capital has invested in and merged Cincinnati-based iSqFt and Chicago-based BidClerk, two providers of project data, analytics and software tools for the construction sector. No financial terms were disclosed.
U.S. private equity firm KKR has agreed to buy two French power plants from Austria's Verbund for around 150 million euros ($188 million), helping the utility draw a line under a foray into France that left it nursing losses, Reuters reported.
Rock Hill has closed a majority recap of Rail Service & Logistics. No financial terms were disclosed. IBERIABANK provided debt financing for the transaction. Headquartered in St. Louis, RSL is a railroad services provider specializing in the removal and disposal of wooden railroad ties.