Cedar Rapids, Iowa-based Rockwell Collins has closed its acquisition of ARINC from Carlyle for $1.4 billion. Based in Annapolis, Maryland, ARINC is a provider of solutions for the commercial aviation industry.
Toronto-based Pinetree Capital has purchased 1 million common shares and 500,000 warrants of Coro Mining Corp. No financial terms were disclosed. As a result of the transaction, Pinetree now holds an aggregate of 15,715,000 common shares of Coro. Headquartered in Vancouver, British Columbia, Coro is a mining company focused on medium-sized base and precious metals deposits in Latin America.
Yukon Partners has invested subordinated debt and equity in Accelecare Wound Centers, a comprehensive wound care and disease management company. Revelstoke Capital Partners sponsored the deal in which it, Yukon and seven other institutional co-investors acquired a majority equity interest in Accelecare.
The Carlyle Group has completed the sale of ARINC, a provider of communications and engineering products and services, to Rockwell Collins for $1.4 billion. The sale was first agreed in August 2013. Carlyle acquired ARINC in October 2007 using capital from Carlyle Partners IV and Carlyle Mezzanine Partners II.
GSO Capital Partners has agreed to a deal to refinance the credit facilities of Amaya Gaming Group's wholly-owned subsidiary, slot machine manufacturer Cadillac Jack. Quebec-based Amaya Gaming is a portfolio company of Difference Capital. The Credit Facilities will be used to repay the outstanding balance on a 2012 loan and to fund the ongoing working capital and other general corporate purposes of Cadillac Jack.
Mosaic Capital Corporation announced this week that it has made a follow-on investment of $2.2 million in Remote Waste LP to acquire the 25% of the company it does not already own. Alberta-based Remote Waste is a provider of a variety of wastewater treatment and other environmental services.
Connecticut-based Aircastle, a company selling and leasing aircraft, has formed a joint venture with the Ontario Teachers' Pension Plan to invest in leased aircraft, with the goal of investing up to $1 billion. The first investment of the venture is two Airbus aircraft leased to Indonesia carrier PT Garuda Indonesia.
Toronto-based iGan Partners announced this week that it has made a substantial investment in Regal Financial Bankcorp, a community bank based in Seattle. Financial terms were not disclosed.
Resource Capital Fund VI has completed a $50 million preconstruction loan to Avanti Mining. According to Avanti, the funds will be used for its Kitsault project based in British Columbia.
Bricapital, a subsidiary of Miami real estate private equity firm Brilla Capital, said Monday that it has acquired a stake in the Hyatt Regency hotel located in Cartagena, Colombia. No financial terms were disclosed.