Linsalata sells Tranzonic to Silver Oak

Linsalata Capital Partners sold The Tranzonic Cos. to Silver Oak Services Partners. Linsalata Capital Partners, a Mayfield Heights private equity firm, sold The Tranzonic Cos.


Lexington Partners closes CIP III fund

Lexington Partners announced the closure of their new co-investment fund, Lexington Co-Investment Partners III, L.P. after obtaining at least US$1.50 billion from institutional investors.

Dorel Industries and Trek Bicycle Corp acquires Tour de France teams

Dorel Industries and Trek Bicycle Corp acquired Tour de France teams amidst doping scandals. Trek Bicycle Corp and Dorel Industries Inc. announced that they are investing in Tour de France teams amidst doping scandals.

CPFL Renováveis completes IPO

CPFL Renováveis announced the closing and completion of their US$459.49 million public offering. CPFL Energias Renováveis SA announced the completion of their public offering.


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Private equity firms, Providence Equity Partners and ChrysCapital, reported that it may exit Idea Cellular and HCL Technologies respectively in the near future.
Blackstone Group placed more investments in India by acquiring Indian auto parts maker Agile Electric Works.
McGraw-Hill Education acquired minority ownership share in Tata McGraw-Hill Education Private Limited originally held by two Tata charitable trusts.
The apps developer Xamarin gets US $16 million funding, which it intends to use for its exponential growth.
On-Ramp wireless gets additional US $15 million funding from both new and existing investors, On-Ramp Wireless obtained additional US $15 million after its series C funding.
Grovo gets US $5.5 million of funding for its product research and marketing campaign. Grovo. com, which uses personalized videos to train users on cloud and Internet services, closed US $5.
Goldman Sachs sells its majority share in REDI but will retain minority stake in the company. Goldman Sachs Group sold its majority stake in REDI, one of the pioneers of trading technology, to a group of investors.
Taykey get US $6 million from another round of funding led by Tenaya Capital. Topical Advertising channel Taykey announced a US $6 million worth of fresh capital infusion from four investors led by venture firm Tenaya Capital.
Regulus Therapeutics is expecting to raise US $42.8 million from its IPO after the Securities and Exchange Commission consented the offering on Tuesday.
Private equity firm J-STAR secured investment commitments amounting to JPY11.86 billion from both global and domestic investors.