Avison Young Inc has acquired Kwartler Associates Inc, a manager of office, industrial and flex space based in Waldwick, New Jersey. The financial details of the transaction were were not released. Avison said the deal expands its business-line coverage in New Jersey and throughout the tri-state market. Based in Toronto, Avison is a commercial real estate services specialist and a portfolio investment of Canadian private equity firm Tricor Pacifc Capital. This month, Tricor made a second growth investment in the company, adding to the original $40 million that it invested in October 2011.
Hyatt Hotels Corp said it will sell as franchises 38 select service hotels to a company organized by Lone Star Funds for about $590 million, Reuters reported.
Indonesian rice and noodle producer PT Tiga Pilar Sejahtera Food Tbk plans to sell 10 percent of itself to KKR & Co LP for 658 billion rupiah ($54.90 million), taking the U.S. private equity firm's stake to around 25 percent, Reuters reported.
Yukon Partners has invested in Transport Investments, a Pittsburgh, PA-based asset-light transportation and logistics company that provides flatbed, drop-deck, specialized and heavy haul trucking and brokerage services in the U.S., Canada and Mexico. Revelstoke Capital Partners sponsored the deal in which it, Yukon and co-investors participated in the transaction. Subordinated debt was provided by Yukon.
Accel-KKR has made a minority investment in Delta Data Software, a software business focusing on mutual fund trading, data management, revenue/expense management, compliance and analytics. Terms of the deal were not disclosed. Greg Williams, managing director at Accel-KKR, and David Cusimano, vice president, will join Delta's board of directors.
Riverstone Holdings and EnCap Investments have each committed $225 million to Sierra Oil & Gas S. de R.L. de C.V., a Mexican exploration and production company. Infraestructura Institucional, a Mexican infrastructure private equity firm, committed $75 million to the company. All three investors have the option to double their existing commitments once initial equity has been deployed.
Philadelphia-based retail packaging firm S. Walter Packaging has received $6.2 million in funding from NewSpring Capital. The funding is supporting Larsen MacColl's acquisition of S. Walter.
Chicago-based private equity firm Wind Point Partners has acquired Vision-Ease Lens. No financial terms were disclosed. Headquartered in Ramsey, Minn., Vision-Ease Lens is a maker of ophthalmic lenses.
UK-based mobile and electronics recommerce firm Redeem Holdings Limited has secured 15 million pounds in funding. Praesidian Capital Europe and Connection Capital were the investors.
Shamrock Capital Advisors has acquired Questex, a global business information and events company. Terms of the transaction were not disclosed.
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