• KKR invested $172 million in Cherwell Software, a Colorado Springs, Colo.-based ITSM platform. In February 2017, KKR previously made a $50 million investment in the firm.
• Wind River, an Almaeda, Calif.-based software provider to the embedded systems world, was acquired by TPG from Intel.
• Blue Wolf Capital Partners acquired a majority stake in The State Group,a Toronto-based industrial service contractor. Yellow Point Equity Partners has a minority investment. Financial terms weren’t disclosed.
• Azuga, a San Jose, California-based a provider of connected vehicle and fleet technologies, gained a majority investment from Sumeru Equity Partners. Financial terms weren’t disclosed.
• AeroCision, a Chester, Conn.-based provider of aerospace engine components, was acquired by Liberty Hall Capital Partners. AeroCision will be integrated into portfolio company Bromford Industries. Financial terms weren’t disclosed.
• Owen & Co., a Toronto-based portfolio company of Novacap mattress maker, merged with sister company Kingsdown. Financial terms weren’t disclosed.
• ATA RiskStation, a Dallas-based provider of cloud-based portfolio risk analytics, gained an investment from Caruth Capital Partners. Financial terms weren’t disclosed.
• Conga, a Chicago-based portfolio company of Salesforce Ventures and Insight Venture Partners, acquired Counselytics, a New York City-based firm using AI analytics on emails, invoices, and more. Financial terms weren’t disclosed.
• Kian Capital recapitalized The Retrofit Source, an Atlanta-based automotive lighting maker. Financial terms weren’t disclosed.
• Prairie Capital recapitalized Family Allergy & Asthma, a consortium of allergists in Kentucky and Indiana. Financial terms weren’t disclosed.
• Texas Hydraulics, a portfolio company of Wynnchurch Capital, acquired The Oilgear Company, a Traverse City, Mich.-based provider of hydraulic pumps and valves. Financial terms weren’t disclosed.
• Sorenson Capital and Webster Capital recapitalized Home Brands Group Holdings, a Phoenix-based bathroom remodelling franchise. Financial terms weren’t disclosed.
• Bain Capital Private Equity acquired World Wide Packaging, Florham Park, N.J.-based provider of cosmetic packaging components. Financial terms weren’t disclosed.
• Davey Coach Sales, a portfolio company of Progress Equity Partners, acquired Intermountain Coach, a Colorado Springs-based dealer of mid-sized buses. Financial terms weren’t disclosed.
• PPC Partners acquired C.H. Guenther & Son, a San Antonio, T.X.-based private label food maker. Financial terms weren’t disclosed. |
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