PE-backed AdSwerve buys Analytics Pros

AdSwerve, which is backed by Abry Partners, has acquired Seattle-based Analytics Pros Inc, a Google Analytics 360 and Google Cloud partner and reseller. No financial terms were disclosed. PRESS RELEASE DENVER–(BUSINESS WIRE)–AdSwerve, a leading Google Marketing Platform Partner, announced today it has acquired Seattle-based Analytics Pros, Inc. – a top Google Analytics 360 and Google Cloud partner and reseller. This acquisition, funded by private equity investment firm Abry Partners, creates one of the only companies in the world that provides service across the entire spectrum of the Google Marketing Platform, which includes DoubleClick, Google Analytics and the Google Marketing Cloud. Founded in 2009, AdSwerve has deep programmatic media buying expertise and has historically been one of Google’s leading DoubleClick partners, focusing on onboarding, training, implementation and support. Now that the firm has acquired Analytics Pros, it is positioned to be a leader in the newly combined market
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PWP exits Western Window for $360 mln

PWP Growth Equity has sold Western Window Systems to PGT Innovations Inc for $360 million in cash. Western Window is a door and window manufacturer. PRESS RELEASE NEW YORK–(BUSINESS WIRE)–PWP Growth Equity, the middle market private equity group of Perella Weinberg Partners, today announced that it has completed the sale of Western Window Systems to PGT Innovations, Inc. for $360 million in cash, subject to customary purchase price adjustments. The sale of Western Window Systems (WWS), a premier door and window manufacturer, is the first exit from PWP Growth Equity’s Fund I, which closed in October 2014. PWP Growth Equity acquired Western Window Systems in August 2015 in partnership with Scott Gates and the WWS management team. David Ferguson and Chip Baird, Co-Heads of PWP Growth Equity, said, “We are proud to have partnered with WWS to expand its business and reinforce its market leading position. Over the past three
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Softvision buys Arrow Digital

Softvision LLC, a portfolio company of Tower Arch Capital, said Aug. 14 that acquired Arrow Digital. Financial terms weren’t announced. Arrow Digital, of West Palm Beach, Florida, provides software development services. PRESS RELEASE WEST PALM BEACH, Fla., Aug. 14, 2018 /PRNewswire/ — Softvision LLC, a leading provider of digital transformation services, has acquired West Palm Beach-based Arrow Digital, adding four new locations to its worldwide network of 23 Studios. Arrow Digital brings a long history of excellence in delivering custom software development solutions across its customer base with unique offerings in Robotic Process Automation (RPA) and deep experience in the financial services industry.
“Softvision’s acquisition of Arrow brings an impressive array of talent and capabilities to our RPA and Big Data & Analytics Guilds,” said Andres Angelani, Softvision’s CEO. “These capabilities, combined with Arrow’s deep understanding of and partnerships with financial service leaders, enable us to deliver the most powerful tools
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Spain’s Amadeus to buy U.S.-based TravelClick for $1.52 billion: Reuters

Spanish travel technology firm Amadeus IT Group (AMA.MC) has agreed to buy U.S.-based TravelClick for $1.52 billion from private equity firm Thoma Bravo, Amadeus said on Friday. Amadeus, which operates global travel booking systems and offers check-in services for airlines, said the deal will boost its presence in the hospitality sector. “The addition of TravelClick’s solutions to the Amadeus portfolio will create a hospitality IT leader providing a broad range of innovative technology to hotels and chains of all sizes across the globe,” the company said. Amadeus sees combined core earnings of 2.02 billion euros and revenue above 5.06 billion euros after it closes the deal, which it expects to be immediately accretive. Amadeus will partially finance the buy with a 1.00 billion euro ($1.14 billion) debt facility, it said. TravelClick, which operates in 176 countries, serves such hotel chains as Hilton,
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ISA Fire merges with ABCO Fire Protection

ISA Fire and Security, a portfolio company of Align Capital Partners, has merged with ABCO Fire Protection. Financial terms weren’t announced. ABCO, which is majority owned by Bob Titmas Jr, provides of fire safety and security system inspection, maintenance, and repair services under the ABCO, Trico, and Superior Fire brands. PRESS RELEASE Align Capital Partners Ignites Growth with Merger of ISA and ABCO Fire Protection CLEVELAND and DALLAS, August 13, 2018 – Align Capital Partners (“ACP”) announced today the strategic merger of its most recent platform investment, ISA Fire and Security (“ISA”), with Cleveland-based ABCO Fire Protection (“ABCO”). ABCO is a regional provider of fire safety and security system inspection, maintenance, and repair services for thousands of commercial customers in a variety of end-markets. The company goes to market under the ABCO, Trico, and Superior Fire brands.
ABCO is majority owned and operated by Bob Titmas Jr. whose
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Rock Gate to sell Walpar to Valmont

Rock Gate Partners has agreed to sell Walpar to Valmont. No financial terms were disclosed. Birmingham, Alabama-based Walpar is a provider of overhead sign structures for the North America transportation market. PRESS RELEASE CHICAGO, Aug. 9, 2018 /PRNewswire/ — Rock Gate Partners (“Rock Gate”), a Chicago-based private investment firm, and its partners have entered into a definitive agreement to sell Walpar, LLC (“Walpar” or the “Company”) to Valmont Industries, Inc. (NYSE: VMI, “Valmont”), a leading global provider of engineered products and services for infrastructure development and irrigation equipment and services for agriculture. Rock Gate recapitalized Walpar in July 2009 in partnership with Peninsula Capital Partners. Walpar designs, engineers and fabricates complex overhead sign structures including truss, cantilever and gantry structures primarily for highway applications. During the period of Rock Gate’s and Peninsula’s ownership, the Company significantly expanded its operating footprint, revenue base and profitability through a combination of market-leading quality
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Astellas buys gene therapy company Quethera

Astellas Pharma has acquired UK-based Quethera, a gene therapy company. According to terms of the deal, Astellas may pay up to 85 million pounds to Quethera shareholders. Quethera was backed by UK Innovation and Science Seed Fund and Cambridge Enterprise. PRESS RELEASE TOKYO and CAMBRIDGE, England, Aug. 10, 2018 /PRNewswire/ — Astellas Pharma Inc. (TSE: 4503, President and CEO: Kenji Yasukawa,Ph.D., “Astellas”) and Quethera Limited (CEO: Peter Widdowson, Ph.D., “Quethera”) today announced that Astellas has acquired Quethera, a gene therapy company headquartered in the United Kingdom, that is focused on developing novel treatments for ocular disorders, such as glaucoma. Through this transaction, Astellas has acquired Quethera’s ophthalmic gene therapy program, which uses a recombinant adeno-associated viral vector system (rAAV) to introduce therapeutic genes into target retinal cells for the treatment of glaucoma. The lead pre-clinical candidate of the program has demonstrated significantly improved survival of
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Starwood Energy to sell 50 percent stake in Compass Power Generation portfolio

Starwood Energy Group Global LLC has agreed to sell a 50 percent equity stake in its Compass Power Generation gas-fired portfolio to JERA. No financial terms were disclosed. Credit Suisse provided financial advice to JERA on the transaction. PRESS RELEASE GREENWICH, Conn., Aug. 9, 2018 /PRNewswire/ — Starwood Energy Group Global, LLC, a leading private investment firm focused on energy infrastructure, announced today that it has signed an agreement to sell a 50% equity interest in its Compass Power Generation gas-fired portfolio to JERA. Compass Power Generation is comprised of the 840 MW Marcus Hook Energy Center, the 173 MW Dighton facility and the 160 MW Milford facility. Starwood Energy acquired Marcus Hook in 2016 and Milford and Dighton in 2017. The portfolio was combined and refinanced in the Term Loan B market in December 2017, earning the distinction of “North America Conventional Power Project of the Year” from
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OEP-backed Simplura acquires Helping Hand

Simplura Health Group, a portfolio company of One Equity Partners, has acquired Philadelphia-based Helping Hand Home Health & Hospice Agency, a provider of non-medical home care services for seniors. No financial terms were disclosed. PRESS RELEASE NEW YORK – August 10, 2018 – One Equity Partners (“OEP”), a leading middle market private equity firm, today announced that its portfolio company, Simplura Health Group (“Simplura”), a provider of high-quality care services for elderly and disabled populations in five states, has completed the acquisition of Helping Hand Home Health & Hospice Agency (“Helping Hand” or “the Company”). Financial terms of the private transaction were not disclosed. Headquartered in Philadelphia, Helping Hand is an independent provider of non-medical home care services for seniors in the Philadelphia metropolitan area. The Company provides a wide range of services including personal care attendant services, home health services, hospice services and skilled nursing, among others.
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PE-backed Apothecary Products buys SOFT Style

Apothecary Products LLC, which is backed by Norwest Equity Partners, has acquired Boulder, Colorado-based SOFT Style, a maker of breastfeeding support products. No financial terms were disclosed. D.A. Davidson served as an adviser to SOFT Style on the transaction. PRESS RELEASE MINNEAPOLIS, Aug. 9, 2018 /PRNewswire/ — Apothecary Products, LLC, a leading innovator, manufacturer and distributor of consumer healthcare products, has announced the acquisition of SOFT Style, LLC based in Boulder, Colorado. SOFT Style, LLC develops, manufactures and markets a wide range of breastfeeding support products under the bamboobies® brand. SOFT Style will operate as a wholly owned subsidiary of Apothecary Products. There will be no significant changes to day-to-day business operations for the foreseeable future. Nathan Hanson, President and CEO of Apothecary Products, stated, “We are very excited to bring these two complementary companies together. This strategic acquisition enhances APL’s go forward branded plans
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I Squared Capital to exit Lincoln Clean Energy

Orsted has agreed to acquire Lincoln Clean Energy from I Squared Capital for $580 million. The deal is expected to close by the end of this year. Based in Chicago and Austin, LCE is a developer, owner and operator of wind farms. PRESS RELEASE NEW YORL & SKÆRBÆK, Denmark–(BUSINESS WIRE)–Ørsted entered into an agreement today with I Squared Capital and management shareholders to acquire a 100 percent equity interest in Lincoln Clean Energy LLC (LCE) for an enterprise valuation of USD 580 million. LCE is a leading U.S.-based developer, owner and operator of wind farms. Since I Squared Capital acquired a 90 percent stake in the company in 2015, with the management team owning the remaining 10 percent, LCE has developed and built over 500 MW of operating capacity, is constructing another 300 MW onshore wind project, and has a pipeline of more than 1.5 GW expected to
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I Squared Capital to exit Lincoln Clean Energy

Orsted has agreed to acquire Lincoln Clean Energy from I Squared Capital for $580 million. The deal is expected to close by the end of this year. Based in Chicago and Austin, LCE is a developer, owner and operator of wind farms. PRESS RELEASE NEW YORL & SKÆRBÆK, Denmark–(BUSINESS WIRE)–Ørsted entered into an agreement today with I Squared Capital and management shareholders to acquire a 100 percent equity interest in Lincoln Clean Energy LLC (LCE) for an enterprise valuation of USD 580 million. LCE is a leading U.S.-based developer, owner and operator of wind farms. Since I Squared Capital acquired a 90 percent stake in the company in 2015, with the management team owning the remaining 10 percent, LCE has developed and built over 500 MW of operating capacity, is constructing another 300 MW onshore wind project, and has a pipeline of more than 1.5 GW expected to
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UnitedHealth is buying pharmacy operator Genoa: Axios

Health insurer UnitedHealth Group Inc has at least a tentative agreement to buy specialty pharmacy operator Genoa Health from private equity firm Advent International, news website Axios reported, citing a source familiar with the deal. Genoa Chief Executive John Figueroa will move on and Chief Commercial Officer Mark Peterson will run the business for UnitedHealth, the report bit.ly/2MvSFW7 said. Both UnitedHealth and Genoa Health were not immediately available for comments.
Bloomberg had reported bloom.bg/2Mxb0Ce on Tuesday that Advent International was in talk with potential buyers about selling Genoa Healthcare, citing people familiar with the matter.

Kelso-backed Ajax Resources to sell Northern Midland Basin assets for $900 mln

Ajax Resources, which is backed by Kelso, has agreed to sell its Northern Midland Basin assets to Diamondback Energy Inc for $900 million in cash. The deal is expected to close on October 31, 2018. Jefferies LLC provided financial advice to Ajax on the deal while Thompson & Knight LLP was legal adviser. PRESS RELEASE HOUSTON–(BUSINESS WIRE)–On July 22, 2018, Ajax Resources, LLC (“Ajax”) entered into a purchase and sale agreement with Diamondback Energy, Inc. (NASDAQ “FANG”) for the sale of its northern Midland Basin assets for $900 million in cash and 2.58 million shares of Diamondback common stock, subject to certain closing adjustments. Execution of the PSA comes less than three years after acquiring the Yellow Rose field from W&T Offshore. The sale to Diamondback is expected to close on October 31, 2018, and includes: 25,493 net leasehold acres
Current average net production of ~12,000 boe/d (88%
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Sentinel Capital exits WellSpring Pharma

Sentinel Capital Partners has sold WellSpring Pharma Services. ANI Pharmaceuticals Inc, in a separate release, said it acquired WellSpring for $18 million cash. WellSpring, of Ontario, is a pharmaceutical contract manufacturing organization. PRESS RELEASE Sentinel Capital Partners Sells WellSpring Pharma Services   Successfully Completes Third and Final Divestiture of WellSpring Platform   NEW YORK, August 9, 2018 – Sentinel Capital Partners, a private equity firm that invests in promising companies in the lower midmarket, today announced the sale of WellSpring Pharma Services, a leading North American pharmaceutical contract manufacturing organization. Terms of the deal were not disclosed. WellSpring Pharma Services provides outsourced manufacturing and contract development services to emerging-growth, mid-sized, and large pharmaceutical and biotechnology clients in the US and Canada. WellSpring has particular strength working with clients that need flexibility, customization, personalized attention, and technical expertise. WellSpring is equipped to manufacture prescription drug products in virtually all non-sterile
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Cerberus, Ignition Growth to sell PaxVax

Emergent BioSolutions is buying PaxVax from Cerberus Capital Management LP and Ignition Growth Capital for $270 million. PaxVax, of Redwood City, California is a specialty vaccines company. Perella Weinberg Partners LP acted as financial adviser to PaxVax. Covington & Burling LLP acted as legal counsel for Emergent. Dechert LLP is the attorney for PaxVax and Cerberus and Morgan Lewis & Bockius LLP acted as legal counsel for PaxVax. PRESS REEASE Emergent BioSolutions to Acquire Specialty Vaccines Company PaxVax
• Adds two revenue-generating FDA-licensed vaccines that protect against cholera and typhoid fever, both with dual-market potential
• Broadens development pipeline with an adenovirus 4/7 vaccine funded by the DoD for military requirements as well as other programs addressing emerging infectious diseases for both commercial and government markets
• Expands sales capabilities with the addition of global specialty salesforce and marketing and distribution partners focused on the travelers market
• Establishes international manufacturing
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PE-backed VLS Recovery buys Beauchan

VLS Recovery, which is backed by Aurora Capital Partners has acquired Friendswood, Texas-based Beauchan Rail Services, a provider of railcar cleaning and product transfer services. No financial terms were disclosed. PRESS RELEASE HOCKLEY, Texas, Aug. 7, 2018 /PRNewswire/ — VLS Recovery (“VLS” or the “Company”), a leading provider of specialty cleaning and waste processing services, today announced that it has acquired Beauchan Rail Services (“Beauchan”), a provider of high-quality railcar cleaning and product transfer services. The acquisition adds two highly-strategic locations to VLS’s existing railcar cleaning network. Terms of the transaction were not disclosed.
Based in Friendswood, Texas, Beauchan Rail Services provides broad-based railcar cleaning and product transfer services as well as a wide spectrum of customized and turnkey services. Beauchan’s two locations east of Houston provide VLS with direct access to the Union Pacific, BNSF and PTRA rail networks. “The Beauchan team has built an attractive specialty
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PE-backed Symplicity acquires Contratanet

Symplicity Corp, a portfolio company of H.I.G. Capital, has acquired Contratanet, a network of career portals for jobs and internships in Brazil. No financial terms were disclosed. PRESS RELEASE ARLINGTON, Va.–(BUSINESS WIRE)–Symplicity Corporation, the global leader of student employability solutions and an H.I.G. Capital portfolio company, has announced the acquisition of Contratanet, the largest integrated network of career portals for jobs and internships in Brazil. With the acquisition, Symplicity strengthens its operations in the country, offering local support and services and a more expansive employer network to universities. Symplicity has more than 20 years of experience in international markets, partnering with institutions and employers to build employability strategies for higher education students, and supporting career offices and university departments. More than 1,300 universities use its career service platform in more than 30 countries, including Brazil. Through its partnership with Grupo A Educação, an
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PE-backed Sotera Health buys Gilbraltar Laboratories

Sotera Health, which is backed by Warburg Pincus and GTCR, has acquired Fairfield, New Jersey-based Gibraltar Laboratories, a provider of microbiology and analytical chemistry testing for pharmaceutical and medical device manufacturers. No financial terms were disclosed. PRESS RELEASE CLEVELAND–(BUSINESS WIRE)–Sotera Health, the world’s leading, fully integrated protector of global health, announced today that it has acquired New Jersey-based Gibraltar Laboratories. This acquisition expands the U.S.-based analytical testing capabilities of Sotera Health’s Nelson Labs business. Gibraltar Laboratories is a leading outsourced provider of microbiology and analytical chemistry testing for pharmaceutical and medical device manufacturers. Terms of the deal were not disclosed. Headquartered in Fairfield, New Jersey, Gibraltar Laboratories has an outstanding reputation for customer service, technical expertise and quality performance. Gibraltar is known for USP compendial microbiology, sterility assurance and analytical chemistry testing. The company, owned and operated by the Prince family since 1970, runs two laboratories
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Apollo-backed ADT buys Secure Designs

ADT Inc said Aug. 7 that it has acquired Secure Designs. Financial terms weren’t announced. Secure Designs, of Greensboro, North Carolina, provides Internet security services for micro, small and mid-sized businesses. ADT, which went public earlier this year, is a portfolio company of Apollo Global Management. PRESS RELEASE
BOCA RATON, Fla., Aug. 07, 2018 (GLOBE NEWSWIRE) — ADT Inc. (NYSE: ADT), the leading provider of monitored security and interactive home and business automation solutions in the United States and Canada, today announced it has acquired Secure Designs, Inc. (SDI), extending security solutions beyond the physical premises to help protect small businesses, their networks, and the critical business data they transmit. The acquisition closed earlier this month. Effective immediately, SDI will begin using the ADT Cybersecurity name.
Based in Greensboro, North Carolina, SDI provides effective, high-value managed Internet security services for micro, small and mid-sized businesses. As ADT Cybersecurity, the
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