Syntaxis Capital, a provider of mezzanine finance in Central Europe, has completed an investment in BIK Brokers, a Polish motor insurance broker. The investment from Syntaxis will support the growth strategy for the Gdansk-based broker.
U.S. energy-focused private equity firm Intervale Capital has invested alongside a management team to create Tier 1 Energy Solutions Inc, a provider of wireline and completion tool running services based in Edmonton, Alberta. The financial terms of the transaction were not published. Tier 1 currently has operations and sales offices in Nisku, Grande Prairie and Calgary. Intervale said the company has plans to expand its footprint to include the most active oil and gas producing regions in the Western Canadian Sedimentary Basin. Kevin O'Dwyer leads Tier 1 as its CEO.
Sony Corp is in talks to sell its poorly performing personal computer business to investment fund Japan Industrial Partners for up to 50 billion yen ($490 million), the Nikkei daily reported.
Private equity firm Thoma Bravo has inked an agreement to acquire GHX. No financial terms were disclosed. GHX's senior management team will continue to lead the company. Headquartered in Louisville, Colorado, GHX is a provider of connected, intelligent healthcare supply chains.
PBM Capital Group has acquired Breas Medical AB from GE Healthcare, a subsidiary of General Electric Company. Breas, headquartered in Sweden, is a manufacturer of home respiratory ventilators and sleep apnea products for the global home healthcare market sold in more than 40 countries. Breas employs more than 100 people in nine countries and operates a 30,000 square-foot manufacturing/office facility in Sweden.
Industrial Opportunity Partners has sold portfolio company E.B. Bradley Company to an affiliate of PSP Capital Partners. The divestiture represents IOP’s fifth investment realization from its initial $185 million committed fund. E.B. Bradley is a West Coast distributor of cabinet hardware, laminates and surfacing products, board products, edgebanding, and woodworking supplies, as well as a manufacturer of laminated panels, serving the commercial construction and residential renovation markets.
Evergreen Pacific Partners has acquired a majority stake in Phoenix-based Vantage Mobility International, which makes wheelchair accessible vehicles. The company's chief executive officer Doug Eaton and chief financial officer Tim Barone will retain significant ownership stakes and continue to lead operations. Harris William & Co. worked as exclusive advisor to Vantage Mobility.
Wells Fargo Capital Finance has established a channel financing program for global technology solutions company Dell. Dell Financial Services, in cooperation with Wells Fargo’s Capital Finance Channel Finance Program, is able to offer special extended financing terms, interest-free, to their resellers and channel providers.
The Gores Group is acquirinng Melle Dachbaustoffe GmbH and SIG Deutsche Dachbaustoffe GmbH from SIG, a distributor of building products in Europe. The Gores Group will invest through its Small Capitalization Partners investment fund.
Aurora Capital Group has completed the acquisition of Paris-based Arc International Cookware and several subsidiaries. The company will be renamed International Cookware as part of the carve-out. Financial terms were not disclosed. The investment is the second from Aurora's Resurgence Fund II.