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U.K. private equity firm BC Partners has closed its previously announced recapitalization of Garda World Security Corp, a Montréal-based security services provider, for $5.2 billion. As a result of the transaction, BC Partners now holds a 51 percent stake in GardaWorld while Chairman and CEO Stephan Crétier and select members of management have a 49 percent stake. Barclays and TD Securities provided financial advice to GardaWorld while Scotiabank did likewise for BC Partners.
Parthenon Capital has made an investment in MRO Corporation, a provider of release of information solutions. No financial terms were disclosed. Houlihan Lokey served as financial adviser to MRO on the transaction.
Navint Partners, which is backed by Boathouse Capital, has acquired Statera, a quote-to-cash implementation provider. No financial terms were disclosed.
Anacapa Partners has made an investment in Mexico-based Auronix, a communications platform as a service provider. No financial terms were disclosed.
Ellie Mae has agreed to acquire Capsilon, a provider of AI-powered mortgage automation software for mortgage lenders, investors and servicers. No financial terms were disclosed. Jefferies was financial adviser to Capsilon on the deal with Kirkland & Ellis LLP providing legal counsel. And, Sidley Austin LLP provided legal advice to Ellie Mae. Capsilon is a portfolio company of Francisco Partners.
Rockbridge Growth Equity has acquired ProSites Inc, a provider of online marketing solutions, from The Riverside Company. No financial terms were disclosed.
ShootProof, which is backed by Providence Strategic Growth, has acquired Design Aglow, an e-commerce platform offering custom wholesale print products and sales tools to photographers. No financial terms were disclosed.
Frazier Healthcare Partners hired Norwest Equity Partners’ Christina Miller Reszka and promoted two members of the Seattle firm’s investment team, Buyouts has learned. Reszka joined Frazier as a principal within its growth buyout practice, according to a source. Frazier’s second pool of capital focused exclusively on growth buyouts, Frazier Healthcare Growth Buyout Fund IX, raised $780 […]
BlueSnap has acquired Armatic, a provider of accounts receivable and invoicing automation solutions. No financial terms were disclosed. BlueSnap's backers include Great Hill Partners and Parthenon Capital Partners.
Banijay Group has agreed to acquire Dutch media company Endemol Shine Group from Apollo Global Management and The Walt Disney Company. No financial terms were disclosed; however, various media outlets tag the value of the deal at $2.2 billion. Kirkland & Ellis is advising Banijay Group on the debt financing while LionTree Advisors is serving as financial adviser to Endemol Shine Group.