Greenwich, Conn-based investment firm Littlejohn & Co. has acquired Hostway Corp from Veronis Suhler Stevenson. No financial terms were disclosed. Cowen and Company served as exclusive financial advisor to Littlejohn on the transaction while DH Capital advised Hostway. Headquartered in Chicago, Hostway is a provider of hosted information technology solutions to small and medium-sized businesses.
Atlantic Street Capital said Monday that it has acquired Uniguest. The sellers were the company's founder Mark Oldham and other shareholders. No financial terms were disclosed. Resource Capital Solutions provided the debt financing for the transaction while Harpeth Capital advised the selling shareholders. Headquartered in Nashville, Uniguest is a provider of delivery solutions for the hospitality industry.
Atlantic Street Capital has acquired Uniguest, which provides end-to-end information delivery solutions to the hospitality industry, from the company's founder and other shareholders. Resource Capital Solutions provided debt financing to support the transaction. Harpeth Capital worked as financial advisors to the selling shareholders.
BackOffice Associates, which is backed by Goldman Sachs, has acquired Entota Ltd. Financial terms weren't announced. Entota, of Farnborough, U.K., is a SAP Data Services consultancy. In 2008, Goldman invested $30 million in BackOffice.
EQT has acquired a majority stake in franchise operator China F&B Group along with global investors SEB Private Equity and General Oriental Investments. China F&B Group operates China Dairy Queen and Papa John's Pizza. Details of the transaction were not disclosed.
The Carlyle Group has agreed to invest up to $200 million over three years in oil and gas exploration company Discover Exploration Limited. The investment will fund existing operations in New Zealand and the Union of the Comoros as well as new opportunities. The investment represents the first investment from CIEP, a fund that focuses on oil and gas exploration and production, midstream, oil field services and refining and marketing in Europe, Africa, Latin America and Asia.
Consumer Growth Partners has invested in VIOlife, a developer, marketer and distributor of oral and personal care products and accessories. The investor group includes Consumer Growth and its co-sponsor PMC Partners, as well as Banyan Mezzanine Funds, Diamond State Ventures and Siena Lending Group.
Welsh Carson Anderson & Stowe is targeting $3 billion for its next fund, according to a source, sister news service peHUB reported.
Spanish infrastructure asset manager Globalvia Infraestructuras S.A. has completed its capital raising process, securing a total of EUR 750 million for its growth strategy. OPTrust, Netherlands-based PGGM, and U.K.-based Universities Superannuation Scheme jointly contributed EUR 350 million in the form of a convertible loan facility. Both OPTrust and PGGM have also agreed to further commitments beyond the EUR 400 million they originally committed in 2011. Globalvia currently operates 30 infrastructure assets in rail, roads, ports, airports and hospitals sectors. OPTrust's Kevin Warn-Schindel and Sandra Bosela discussed their role in the 2011 recapitalization of the firm with peHUB Canada in an interview this past August.
FMC Corp. has agreed to sell its Peroxygens business to One Equity Partners, the private investment arm of J.P. Morgan Chase & Co., for approximately $200 million. The transaction is expected to close in the first quarter of 2014. Citi advised FMC on the transaction while Macquarie Capital was the sole lead arranger on the financing for the deal.