Lily O'Brien's has received a "significant" investment from Carlyle Cardinal Ireland, an Irish private equity fund formed by The Carlyle Group and Cardinal Capital Group. No financial terms were disclosed. Lily O'Brien's is an Irish maker of chocolates and desserts.
Blackstone has completed its acquisition of $200 million of newly issued Series A convertible preferred stock in Crocs. Moelis & Company advised Crocs on the transaction while Piper Jaffray and Macquarie advised Blackstone. Also, as a result of the investment, Blackstone's Prakash Melwani and Gregg Ribatt have joined Crocs' boad of directors. Crocs is a casual footwear brand.
Urban Select Capital has closed $1 million in a private placement. The investor was Oriental Sense Development Limited, which acquired 12.5 million shares of Urban Select Capital at $0.08 per share. Based in Vancouver, British Columbia, Urban Select Capital is an investment insurer focused on investing growth capital into private and public companies.
Inflexion said Tuesday that it has made an undisclosed investment in Succession Holdings Limited. No financial terms were disclosed. Based in the UK, Succession is a wealth management firm.
Hospitality Staffing Solutions has sold its assets to HS Solutions Corp., an entity formed by LJC Investments I and investors that include Littlejohn Opportunities Master Fund, L.P. and Caymus Equity Partners. No financial terms were disclosed. The transaction marks HSS's official emergence from Chapter 11. Based in Atlanta, HSS is a hospitality staffing company.
H.I.G. Growth Partners said Tuesday that it has recapitalized Integrity Nutraceuticals. No financial terms were disclosed. Headquartered in Spring Hill, Tenn., Integrity is a provider of product formulation, manufacturing and distribution services to nutritional supplement brands.
H.I.G. Growth Partners, the growth investment affiliate of H.I.G. Capital, has recapitalized F.H.G. Corporation (also known as Integrity Nutraceuticals), a product development manufacturer for the nutritional supplement industry. Integrity was represented by Partnership Capital Growth, a boutique investment bank. Miller Martin served as legal counsel to Integrity and McDermott Will & Emery served as legal counsel to H.I.G.
Monroe Credit Advisors has placed a $16.0 million senior secured credit facility for its client, AllOver Media. The company is a national of out-of-home advertising solutions headquartered in Minneapolis, Minnesota. Proceeds of the facility refinanced the existing debt of the company.
Jamieson Laboratories is being sold to CCMP Capital Advisors. The deal is expected to close January 31, 2014. Canadian Jamieson is a provider of vitamins, minerals and nutrition supplements.
Stamford, Conn.-based Olympus Partners' portfolio company Homax Products has sold its cleaning products division to Weiman Products. Olympus acquired Homax in 2004. Weiman Products is a portfolio company of New York-based Cortec Group.