Accrol Papers Limited has received 66 million pounds in funding from NorthEdge Capital. Based in Blackburn, England, Accrol is a tissue converter.
Australia's Hastings Funds Management said it will sell its quarter stake in a Texas liquefied natural gas (LNG) terminal to U.S. specialist fund Global Infrastructure Partners for $1.1 billion, five and a half times what it paid four years ago, Reuters reported.
Monroe Capital said Tuesday that it has provided a $14 million credit facility to support Caltius Equity Partners' recapitalization of Starpoint Health. Based in Newport Beach, Calif., Starpoint Health runs multi-specialty ambulatory surgery centers in Southern California.
Endless has acquired Kiddicare.Com from its parent organisation, Wm Morrison Supermarkets. Kiddicare is a British retailer, selling nursery supplies and merchandise for children and young families.
Oaktree Capital Management is going for a hat trick with Osmose Holdings.
Oaktree Capital Management with its third dividend from Osmose Holdings, looks like it will more than double its money.
Imperial Parking Corp, a portfolio investment of Ontario Teachers' Pension Plan, has acquired the assets of Pacific Parking Management, a parking management company based in San Francisco. The financial terms of the transaction were not disclosed. The acquisition adds new facilities to Imperial Parking's current portfolio in the Bay Area, where it is a leading operator. Based in Vancouver, Imperial Parking was in 2011 bought by Ontario Teachers from a joint venture that included U.S. private equity firm Gates Group Capital Partners.
Cequence Energy Ltd (TSX: CQE) recently completed the disposition of its entire interest in non-operated assets located in Alberta's Ansell area. The assets, consisting of 8,800 net acres of land, 1,600 barrels of oil equivalent per day of current production, and a 49 percent working interest in the field infrastructure, brought the company $141 million. The proceeds will be used to accelerate growth at Cequence's Simonette property in the Deep Basin of Alberta. The Calgary-based company is a portfolio investment of Canadian private equity firms ARC Financial Corp, JOG Capital and KERN Partners.
Latin American Minerals Inc (TSXV: LAT), a Toronto-based company focused on acquisition and development opportunities in the mining sectors of Central and South America, has closed $1 million in new financing. The funds came from an existing backer, Canadian investment and merchant banking firm Pinetree Capital, which now holds up to 23.27 percent of the company's common shares. The net proceeds from the transaction will be used at Latin American Minerals' Paso Yobai gold project in Paraguay and for general working capital purposes.
ZM Capital, a private equity fund managed by ZelnickMedia LLC, and Canadian media entrepreneur Neil Court have made an equity investment in 9 Story Entertainment Inc. Financial details were not disclosed. Based in Toronto, 9 Story is a creator, producer and distributor of animated and live-action content. The company has more than 220 creative and production staff in its studio, and has produced more than 900 half hours of children's and family programming. Court, who has been named 9 Story's executive chairman, was a co-founder of Decode Entertainment Inc and is a former principal of DHX Media Ltd. The New York-based ZelnickMedia invests in media and communications sectors.