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.
Balance Point Capital Partners has backed Patch Products to support Topspin Partners' acquisition of the company. Balance Point provided the senior subordinated notes as well as a minority equity co-investment for the acquisition.
Partners Group is part of the Northwest Rapid Transit consortium that has contracted with the New South Wales State Government to build, finance and operate its new transit train network servicing Sydney's North West. The North West Rail Link is Australia’s largest public transport infrastructure project and will deliver a 36km rapid transit service connecting Chatswood on Sydney’s North Shore to Sydney’s north-western suburbs.
Monroe Capital has closed a $358 million term debt securitization known as Monroe Capital CLO 2014-1. Monroe sold securities rated from AAA through BB as well as equity interests while retaining some of the equity itself. Deutsche Bank served as the lead manager, structuring agent and bookrunner.
Trive Capital portfolio company, Valence Surface Technologies has acquired Blue Streak Finishers. Based in Everett, WA, Blue Streak specializes in providing processing and related services for large complex aerostructures.
Sentinel Capital Partners has sold Chase Industries, a manufacturer of high-quality, made-to-order impact traffic doors and specialty door systems. Terms of the deal were not disclosed.
Apax Partners, the U.K. private equity firm, is putting in nearly 43 percent equity for its buy of Answers Corp.
Apax Partners is betting big on Answers Corp. The U.K. private equity firm’s acquisition of Answers is valued at $900 million, according to Moody’s Investors Services. This includes $428 million of equity from the sponsor and management, Moody’s said.
Doxim Inc, a Canadian provider of customer communications management software to the financial services industry, has agreed to a majority stake investment by Strattam Capital, a technology-focused U.S. private equity firm. The financial terms of the deal, which will be done in partnership with Doxim's management team, were not disclosed. Strattam will provide growth capital to fund the company's strategic initiatives, including expansion of its product and service offerings and extension of its geographic presence. Founded in 2002, Doxim has offices in Markham and Kitchener, Ontario, Montréal and Vancouver.