Canadian private equity firm Waterton Global Resource Management has taken ownership of the Nixon Fork Gold Mine and Mystery Creek Resources Inc, the principal assets of Fire River Gold Corp (TSXV: FAU). The action was the result of default by the Vancouver-based mineral exploration company on a credit agreement with Waterton. As part of the deal, Waterton also agreed to pay to Fire River approximately $250,000 in cash and other obligations. The Nixon Fork Gold Mine is located in Alaska. As reported by peHUB Canada, Waterton in April raised over US$1 billion in the final close of Waterton Global Precious Metals Fund II.
CA Technologies has agreed to sell its arcserve data protection business to Marlin Equity Partners. No financial terms were disclosed for the transaction, which is expected to be completed in the second quarter of fiscal year 2015. Foros provided financial advice to CA Technologies on this divestiture.
Ardian said Tuesday that it has provided 255 million euros in subordinated financing to back the management buyout of Ceva Santé Animale. Founded in France, Ceva Santé Animale is a global veterinary health firm.
Investment firm Standard General LP said Monday it gained voting control of ousted American Apparel Inc Chief Executive Officer Dov Charney's shares in the firm and will back the retailer in its battle against bankruptcy, Reuters reported.
Great Point Partners has made a growth recapitalization of Softbox. No financial terms were disclosed. Headquartered in the UK, Softbox is a provider of temperature-controlled packaging solutions for the biotech and pharmaceutical sectors.
TPG Growth and Coatue Management have invested $150 million in data storage company Box. As part of the investment, TPG Growth will appoint a director to the Box board of directors. Terms of the deal were not disclosed. Morgan Stanley worked as financial advisor to Box.
Vector Capital has acquired IPVALUE Management Inc., which provides intellectual property advisory services for technology companies, research and development labs and other developers of IP. Rob Amen, a managing director at Vector, will join IPVALUE's board of directors.
GTCR and Opus Global Holdings have acquired Hiperos. Hiperos is a specialist in third party management.
The Rohatyn Group's TRG Growth Fund II has sold its minority stake in Transportadora de Gas Internacional to majority shareholder Empresa de Energia de Bogota for $880 million. EEB is an energy holding company in Colombia with interests across the electricity and natural gas sectors.
StoneCalibre has acquired Edge Biosystems, headquartered in Gaithersburg, Maryland. Established in 1990, EdgeBio is a specialized manufacturer and distributor of sample preparation and clean-up products for use in DNA sequencing.