The Riverside Company has invested in Censis Technologies. Based in Franklin, Tenn, Censis provides SaaS-based surgical instrument tracking and workflow solutions for sterile processing departments of hospitals and ambulatory surgical centers.
Italy's UniCredit is close to selling a new portion of its private equity holdings after a similar deal in 2013, a source close to the matter said on Sunday, as European banks shed non-core assets to strengthen their capital base.
Smiles were brighter at Canadian private equity firm Imperial Capital Group and OPTrust Private Markets Group (PMG) this week as the two organizations completed a joint $121 million majority investment in Dental Corp, a group of Canadian dental care clinics. The investment is the largest in Imperial's 25-year history and its fifth healthcare deal. The transaction also holds significance for OPTrust PMG, which recently flagged an interest in sourcing more direct investment opportunities.
National Australia Bank Ltd has agreed to sell a 625 million pound ($1 billion) portfolio of mostly non-performing UK commercial property loans to an affiliate of private equity firm Cerberus Global Investors.
Monomoy Capital Partners has acquired Cont-Mid Group and Tiffin Holdings from the Kaminski family that has owned and operated the business over the past 10 years. Terms of the transaction were not disclosed.
Apax Partners is investing INR 5 billion ($84 million) in Cholamandalam Investment and Finance Company Limited. Chola was incorporated in 1978 as the financial services arm of the Murugappa Group.
AnaCap Financial Partners has acquired a portfolio of non-performing and sub-performing loans from Volksbank Romania. Under terms of the agreement, AnaCap will jointly acquire the entire portfolio with H.I.G and Deutsche Bank.
Actis has realised its investment in Alexander Forbes Group Holdings, a South African diversified financial services company. Actis has sold a 9% stake in an oversubscribed offer through the Johannesburg Stock Exchange, representing over half of its 13% total stake.
The Royal Bank of Scotland has completed a refinancing of EV Offshore Limited. UK-based EV manufactures high performance video cameras that are used to diagnose and analyse problems in oil and gas wells. The business is backed by Dunedin.
Shoreline Energy Corp (TSX: SEQ) has agreed to sell royalty interests in its Canadian land base to PrairieSky Royalty Ltd (TSX: PSK) for $9 million. The transaction, which is expected to close in August, will improve Shoreline’s balance sheet and allow it to reduce debt. Based in Calgary, the company engages in the exploration, development and production of petroleum and natural gas. Last October, Shoreline entered into a joint venture with U.S. private equity firm Acceleration Resources that includes plans for a long-term investment in the company's Niobrara assets in Colorado. Shoreline recently announced it is undertaking a strategic alternatives process.