CMC Capital Partners has acquired a 20 percent stake in IMAX China, an IMAX subsidiary. The value of the transaction is for $80 million, which will be paid in two installments, one today and the other in early 2015. The Raine Group advised IMAX on the deal. Headquartered in New York, Toronto and Los Angeles, IMAX is a film format company.
Resource Capital Fund VI has agreed to provide a A$4 million convertible note facility to Bannerman Resources Limited. The financing will be used to support the construction and operation of a pilot plant at the Etango Project, a uranium asset based in Namibia. Headquartered in West Australia, Bannerman is an exploration and development company with uranium interests in Namibia.
Private equity firm Cinven made a 1.5 billion euro ($2 billion) capital gain on its investment in French cable operator Numericable, but said on Monday the era of such hugely profitable deals for its industry in the cable sector is ending.
Baird Capital, the direct private investment arm of Robert W. Baird & Co, has made a significant investment in Denver-based Workforce Insight. The business is a provider of strategic workforce management consulting, analytics and managed services.
Levine Leichtman Capital Partners has completed the sale of Luminator Technology Group, a global designer and maker of display, lighting and passenger communication systems, to Audax Group. Robert W. Baird worked as financial advisor to Luminator.
Warburg Pincus has agreed to acquire mercator, which provides software and technology-enabled outsourcing solutions to the global aviation industry, from dnata. dnata, an air services provider, will retain an minority stake.
Century Park Capital Partners has made a control investment in Andrés Imaging & Graphics. Headquartered in Chicago, Illinois, Andrés Imaging & Graphics is a provider of visual branding solutions primarily for retail environments.
Medina Capital has acquired Cryptzone. No financial terms were disclosed. Based in Sweden, Cryptzone is a provider of encryption solutions and identity and access management.
GTCR has agreed to acquire Vocus for approximately $446.5 million in cash. According to terms of the agreement, GTCR will acquire all of the outstanding shares of Vocus's common stock for $18 per share. Stifel is serving as financial advisor on the transaction. Based in Beltsville, Maryland, Vocus is a provider of cloud marketing software.
CIT said Monday that it served as sole lead arranger for a $50 million senior credit facility to QMES, a portfolio company of private equity firm Quadrant Management. The loan will be used to refinance debt and provide working capital. QMES is a provider of durable medical equipment to patients in nine states.