Sterling Infosystems Buys Axciom Info Security Services
Sterling Infosystems, which is backed by Calera Capital, has acquired Acxiom Information Security Services. The seller was Acxiom Corp. Financial terms weren't announced. Acxiom Information Security is a background screening company.
Centerbridge Partners Acquires Aquilex
Aquilex Holdings said Friday that it has financially restructured its debt and is now majority owned by Centerbridge Partners. Also, Aquilex CEO and President Bill Varner is retiring while Donovan Boyd was named chairman of the board. Rothschild provided financial advice to Aquilex, while Alvarez & Marsal was restructuring advisor. Aquilex provides maintenance, repair and...
Thompson Street Capital Raises $350 Mln for Fund III
Thompson Street Capital Partners announced Friday that they closed their third fund at $350 million. Investors for TSCP III mainly came from their second fund. St. Louis-based Thompson Street invests in service, manufacturing and distribution busineses.
Policard Leaves Morgan Stanley for KKR
Vincent Policard joins KKR as a director in the firm's infrastructure team. Policard, who will be based in London, will be responsible for originating and executing transactions in the European infrastructure sector. He joins from Morgan Stanley where he was part of the infrastructure fund team.
ORIX Venture Finance Invests in Kemp Technologies
ORIX Venture Finance has made an equity investment in Kemp Technologies alongside Edison Ventures and Kennet Partners. peHUB reported in January that Kemp had raised $16 million in new funding, which included $7.5 million from Edison Ventures. Kemp makes server load balancer appliances.
Aria Retirement Gets $4 Mln from Polaris Venture Partners
Polaris Venture Partners has invested $4 million in Aria Retirement Solutions. Aria Retirement, a provider of guaranteed retirement income services, will use the funds to expand its tech platform for independent RIAs.
Saban Capital Opens Hong Kong Office
Saban Capital Group has opened an office in Hong Kong led by Sumeet Jaisinghani. He has relocated from Los Angeles and will work to expand the firm's investment activities in Asia.
Intervale Capital Acquires Allied Oil & Gas Services
Intervale Capital has bought Allied Oil & Gas Services. Financial terms weren't announced. Wells Fargo & Co. provided debt financing. Fort Worth, Texas-based Allied Oil provides cementing and acidizing services.
Warburg Pincus Buys Facility Source
Warburg Pincus has acquired a majority stake in FacilitySource. Financial terms weren't disclosed. Columbus-based FacilitySource provides facility maintenance and management solutions to retailers and other multi-site operators.
Pierce Joins GenNx360 Capital Partners
GenNx360 Capital Partners has hired Jerod Pierce as an operating associate. Pierce, who report to Chuck Castine, a senior partner, was most recently at D.A. Davidson & Co.
Dillard’s Leads $5 Mln Growth Financing Round for Acumen Brands
Dillard's has led a $5 million round of growth financing for Acumen Brands. Dillard's invested $4 million in Series B preferred stock while existing investors existing investors Noro-Moseley Partners, BLH Venture Partners, the Gravity Fund and the Arkansas Risk Capital Matching Fund also participated. Acument, of Fayetteville, Ark., operates twelve online retailers.
