Lariat Partners, a Denver, CO-based private equity firm, has closed its first fund at $118m. Founded in January 2013 by Jay Coughlon and Kevin Mitchell, Lariat Partners focuses on the lower middle market targeting platform investments with EBITDA of $2m to $20m. The firm targets companies across a number of industries, including Specialty Agriculture and […]

Frontenac Company, a Chicago, IL-based private investment firm, closed its tenth fund at $250m. Led by Ronald Kuehl, Michael Langdon, Paul Carbery and Walter Florence, Managing Partners, Frontenac Company focuses on investing in lower middle market, family held or owner operated businesses in the business services, industrial, food and healthcare sectors. The firm has completed […]

Nutrabolt (formerly named Woodbolt Distribution), a Bryan, Texas-based nutritional life sciences company, received a significant minority equity investment from MidOcean Partners. The amount of the transaction was not disclosed. Founded in 2002 and led by CEO Doss Cunningham and President Manish Patel, Nutrabolt produces a line of sports nutrition products under the Cellucor, Neon Sport […]

Maroon, an Avon, Ohio-based distributor of specialty chemicals, received a majority investment from New York-based private equity firm CI Capital Partners. The amount of the transaction was not disclosed. Maroon’s management team retains a significant equity interest in the company. Founded in 1977 and led by Mark Reichard, President and CEO, Maroon supplies specialty additives, […]

New York, NY-based Private equity firm Kinderhook Industries has reached a first and final close of its fourth private equity investment fund, at $500m. Kinderhook Capital Fund IV has been supported by domestic endowments, foundations, family offices, pensions and other institutional capital bases. Founded in 2003 and led by Rob Michalik, Tom Tuttle and Chris […]

Involta, LLC, a Cedar Rapids, IA-based managed IT, cloud computing and data center services company, raised a $50m equity financing round. The round was led by M/C Partners with participation from Morgan Stanley Alternative Investment Partners. The company intends to use the funds to make strategic acquisitions, provide shareholder liquidity, and support its growth in […]

Flowline Limited, a Rayleigh, Essex, UK-based drainage contractor in the South East of England, received a £3m growth capital investment from Business Growth Fund. The investment, made in exchange of a minority stake in Flowline, enabled the business to acquire Kings Langley, Hertfordshire-based Clearaway Drainage Services Limited, supported organic growth, strengthened the senior management team […]

CRMnext, a Mumbai, Maharashtra, India-based global CRM (Customer relationship Management) product company, received a strategic investment from Norwest Venture Partners (NVP). The amount of the transaction was not disclosed. The company intends to use the funds to grow globally and increase its research and innovation portfolio. Led by Nishant Singh, CEO, CRMnext provides a global […]

WorldAPP, Inc., a Braintree, MA-based provider of an enterprise data collection and process optimization software solution, secured mezzanine financing from Bay Capital Investment Partners. The amount of the transaction was not disclosed. The company intends to use funds to expand product development, client services and marketing initiatives in the U.S., Europe, and other key markets. […]

Ardian Investment is to acquire Italmatch Chemicals, an Italian specialty chemicals manufacturer, from Mandarin Capital Partners (owner of a 67.6% stake) and the Malacalza family. The investment will support plans for further international growth, particularly in the U.S. and Asia. The senior management, including Italmatch CEO Sergio Iorio, will retain a 12% stake in the […]

WebPT, a Phoenix-based provider of an electronic medical record (EMR) solution for rehabilitation therapists, received a significant investment from Battery Ventures. In conjunction with the funding, Chelsea Stoner, Battery Ventures General Partner, is joining the WebPT board The company intends to use the new capital to accelerate growth. Founded in 2006 by President and Chief Technology Officer […]

Leeds Novamark Management, a Reston, VA-based provider of flexible capital solutions to lower middle market companies, closed its first fund, at over $236m. Limited Partners in Leeds Novamark Capital I include both individual and institutional investors, regional and national banks, endowments and family offices. Structured as a Small Business Investment Company (SBIC) and led by […]

FireMon, an Overland Park, KS-based provider of proactive security intelligence solutions, received a majority investment from Insight Venture Partners. The terms of the deal were not disclosed. The current executive team will continue to lead the company, with Gary Fish serving as Executive Chairman and Jody Brazil as CEO. As part of the transaction, Insight […]

Cheetah Medical, Inc., a Newton Center, MA-based provider of non-invasive hemodynamic monitoring systems, secured an initial investment of $5m. Growth equity firm HighCape Partners provided the capital. The investment represents an extension of the previously announced $9m fundraising round, which closed in February 2014. Led by and Chris Hutchison, President and CEO, Stephen Reeders, Chairman, […]

Ikoula, a France-based cloud computing company, received a minority investment from private equity firm Ardian. The amount of the transaction, in which Ardian acquired a 20% stake in the company, was not disclosed. Ikoula intends to use the funds to accelerate its European growth strategy. Founded in 1998 by Jules-Henri Gavetti and Caroline Mertens, the […]