Intuit has completed the sale of Intuit Real Estate Solutions to Vista Equity Partners, a private equity firm focused on investments in software and technology-enabled businesses. The transaction, announced on 2 December 2009, is valued at approximately USD128m. Intuit Real Estate Solutions, based in Highland Hills, Ohio, was part of

HarbourVest Private Equity’s net asset value per share was USD8.55 at 31 December 2009, representing a 1.8 per cent increase from the 30 November 2009 estimated NAV per share of USD8.40. This change was driven primarily by a positive valuation adjustment (approximately USD0.26 per share) taken by the HarbourVest funds

Private equity firm Guardian Capital Partners has completed the final closing of Guardian Capital Partners Fund I with slightly more than USD50m in aggregate capital commitments. The fund’s principal focus is to lead the acquisition of controlling interests in lower middle market manufacturing and service businesses in the US. “We

TelStar Hosted Services has purchased of the assets of TouchStar’s Hosted division with private equity funding from William & Gallagher and Grindstone Partners. TelStar Hosted Services is a communications-as-a-service organisation providing on demand contact/call centre solutions to over 200 corporate clients. Williams & Gallagher and Grindstone Partners acted as lead

Investcorp Technology Partners, the technology private equity arm of alternative investment manager Investcorp, has agreed to acquire an equity stake in CSIdentity, a Texas-based provider of identity theft and fraud protection services.  CSIdentity was started by entrepreneur and co-founder Bill Morrow. Investcorp’s Fund III has made an initial investment of

Private equity firm Guardian Capital Partners has acquired the majority ownership of Sure Fit from D.E. Shaw. Headquartered in Allentown, Pennsylvania, Sure Fit is a provider of ready-made slipcovers and related accessories. Its product line includes slipcovers for sofas, loveseats, chairs, recliners, ottomans and futons as well as furniture throws

Private equity firm HIG Capital has completed the recapitalization of TrakAmerica and the acquisition of Allion Healthcare. Founded in 2000 and based in Naples, Florida, Trak is a provider of accounts receivable management services to consumer credit originators and debt buyers. HIG Capital led the transaction in collaboration with the

AerSale has completed an initial USD250m equity raise with Green Equity Investors V, an affiliate of private equity firm Leonard Green. AerSale is a provider of aftermarket aircraft, engines and their component parts to airlines, leasing companies, and OEM/MRO service providers. "We’re extremely excited to have partnered with Leonard Green

Synchrony, a provider of technology for rotating machinery and power conversion systems, has received USD10m in series C funding from New River Management VI, a venture fund managed by Third Security. The funding was committed following analysis of the global market for Synchrony’s product lines, its expanded production capacity and

Indian companies were involved in a total of 356 M&A deals in 2009, down 34 per cent from 543 deals the previous year, according to a study by Venture Intelligence.  However, M&A activity in the second half of 2009, which witnessed 204 deals, was higher than the first half of