Urbanimmersive Technologies Inc has secured a convertible debenture investment totaling $150,000. The funding was provided by the Caisse de dépôt et placement du Québec, and if conversion rights under the debenture are exercised, the pension fund manager will now own about 13.5 percent of the company's common shares outstanding. Founded in 2007, Urbanimmersive is focused on developing Web and 3D immersive technologies for the real estate market. It has its headquarters in Laval, Québec.
Great Hill Partners has acquired yoga studio chain YogaWorks. No financial terms were disclosed.
Nordic Capital has agreed to acquire a majority stake in Lindorff from Investor and Altor for 2.3 billion in euros. As a result of the transaction. Altor and Investor will retain a minority holding in Lindorff. Based in Oslo, Norway, Lindorff is a credit management service provider.
German private equity firm Aurelius said on Monday it is buying Reckitt Benckiser's Scholl shoe business in its efforts to expand internationally, betting on the brand's growth potential, Reuters reported.
Labeling solutions provider Loftware said Monday that it has received an undisclosed investment from Riverside Partners. Signal Hill was the financial advisor on the transaction.
Oil and gas company Furie Operating Alaska has closed $160 million in funding from Energy Capital Partners. According to the firm, the capital will be used for the natural gas project in the Cook Inlet.
Formation Capital and Safanad Limited have acquired fourteen nursing facilities in the mid-Atlantic region for approximately $150 million. The portfolio is comprised of 1,658 beds with eleven facilities in Virginia, two in Maryland and one in Pennsylvania, and is operated by Consulate Health Care, a provider of skilled nursing care.
Silverfleet Capital is to acquire AGR Holdings, the petroleum services division of Oslo-listed AGR Group ASA. Completion will be around end of August.
Armstrong’s South East Asia Clean Energy Fund is funding the construction of a portfolio of mini-hydro power generation projects in Indonesia. Armstrong has committed $22.5 million to the mini-hydro plants.
The Canada Pension Plan Investment Board (CPPIB) has agreed to invest approximately 376 million euros ($546 million) to acquire a 39 percent stake in the Interparking Group, a European car park management company. A CPPIB subsidiary, CPP Investment Board European Holdings S.ar.l, will the buy the stake from AG Real Estate, taking the latter's holdings to 51 percent. AG Real Estate is a subsidiary of Belgian insurance company AG Insurance. Based in Brussels, Interparking has operations in nine countries and a portfolio of 657 car parks in 350 cities.