Bregal Partners has formed Aqua Terra Water Management to serve as an acquisition platform providing water management and disposal services to onshore oilfield customers in North America. Aqua Terra made its first investment through the acquisition of Four Winds Energy Services. Terms of the deal were not disclosed.
Abacus Finance Group has served as administrative agent and sole lead arranger for $25 million in senior secured credit facilities to support the leveraged buyout of Hubbardton Forge. The buyout has been backed by Bunker Hill Capital. Based in Castleton, VT, Hubbardton Forge is a designer and manufacturer of hand-forged residential and commercial lighting products.
Lariat Partners has made two investments. The firm has acquired a significant interest in Northern Seed, located in Butte and has provided the capital for Northern Seed’s investment in Westfeeds headquartered in Billings.
Beringea has sold its portfolio company Espresso Group to Discovery Communications. The financial terms of the transaction were not disclosed. The exit is the sixth this year for the private equity group.
BlackFin Capital Partners has acquired HyperAssur. The company is a insurance comparison website.
British Land said its would-be partner in London's Broadgate office complex had been selected by Blackstone and suggested a final decision would be made soon, writes Reuters. British Land and Blackstone own equal shares of the Broadgate estate, a 30-acre site in London's City financial district whose tenants include Swiss bank UBS.
Bath and toilet maker Sanitec, owned by Swedish private equity firm EQT, is to launch an initial public offering and listing on Nasdaq OMX Stockholm, writes Reuters. Nordea and UBS Investment Bank are acting as joint global coordinators and joint bookrunners. In addition, Carnegie is acting as joint bookrunner and Handelsbanken as co-lead manager.
Financo, the retail and consumer-focused investment bank, is planning to launch a private equity fund sometime next year, according to CEO John Berg.
Ottawa-based workplace training company Bluedrop Performance Learning Inc (TSX VENTURE:BPL) has agreed to buy Atlantis Systems Corp (NEX:AIQ.H) for $1 million through a plan of arrangement under the Canada Business Corporations Act. U.S. private equity firm ComVest Partners is the controlling shareholder of Atlantis, a Dartmouth, Nova Scotia-based provider of technical training solutions for the military, commercial aviation sectors and energy markets. ComVest made equity and debt investments in the company in 2011. In support of the acquisition deal, Bluedrop obtained $3 million in funding from Canadian specialty financial services firm Difference Capital Financial.
Mississauga, Ontario-based Match Marketing Group (Match MG), a brand engagement and shopper marketing business, has acquired retail marketing agency Circle One Marketing Inc, which is based in Norwalk, Connecticut. The financial terms of the deal were not disclosed. Match MG's purchase of Circle One is the company's ninth in less than two years. Businesses bought in recent months include Convergence Marketing, Marketing Drive, Marketing Weld Digital and SVM. Match MG is a portfolio company of Canadian private equity firm Beringer Capital.