New Zealand private equity investor Rangatira has acquired a 12 per cent stake in benchtop NMR and MRI specialist Magritek for a non-disclosed sum.   The transaction will strengthen Magritek’s balance sheet and enable the company to make a significant investment in its offshore sales and marketing following the launch

Precision Engineered Technologies, a portfolio company of private equity firm Joshua Partners, has acquired Imperial Machine and Tool Company, a precision boring and machining company based in Wadsworth, Ohio near Akron.   Charles Corpening, the chairman and founder of Joshua Partners, says: "The team at Imperial has built the company

NewSpring Capital has led a USD15.65m equity financing in VidSys, a provider of physical security information management (PSIM) software.   NewSpring Capital, a family of private equity funds, invested through NewSpring Growth Capital, the firm’s dedicated technology and business services growth equity fund. Also participating were VidSys’ existing investors –

Clearwater Corporate Finance’s debt advisory and real estate team has advised holiday caravan park operator Park Resorts on its recent debt and equity refinance of the company.   The deal team was led by partner and head of debt advisory Chris Smith with support from director Paddy Bamford.   Park

Wool and the Gang has secured funding of USD2.8m to build on its fast-growing reputation for sustainable fashion, which harnesses the power of the internet and the creativity of the maker movement.   The funding round was led by Index Ventures and Wellington Partners, together with MMC Ventures and a

ECP’s Fund III portfolio company, IHS Mauritius, has secured an additional USD1.035bn of equity and debt to fund new tower purchases and existing tower upgrades.   Following the equity capital raising process, which was led and managed by ECP, IHS has secured a total USD555m of new investment from an

Transom Capital Group has sold Baltic Latvian Universal Electronics (dba Blue Microphones) to The Riverside Company.     Blue Microphones represents the first exit from Transom Capital Fund I.   Founded in 1995, Blue is a rapidly growing developer and marketer of premium quality microphones for professionals and consumers.  The

The fundamentals for strong merger and acquisition activity remain in place despite a slowdown in US M&A activity in the first half of 2013, according to PwC US.    Buyers remain extremely active in identifying, evaluating and competing to acquire assets in the market.    Dealmakers are placing a premium