Private equity-focused investment office Souter Investments is to sell New Zealand-based Howick and Eastern Buses and Mana Coach Services to Transdev. Terms of the transaction, which remains subject to regulatory approval, have not been disclosed.   With its fleet of 145 buses Howick and Eastern Buses currently operates 23 urban

Peterson Partners (Peterson) has sold Performance Systems Integration (PSI), a leading provider of fire and life safety services in the Pacific Northwest to The Riverside Company (Riverside). PSI, founded in 2002, is based in Portland, Oregon with an office in Seattle, Washington. The company provides a single point of management

Alpine Investors (Alpine), a middle-market private equity firm that focuses on people to build enduring companies, has sold Perennial EdTech (Perennial), its platform of market-leading education software companies, to Frontline Education, a provider of school administration software.  Terms of the private transaction have not been disclosed.   Since Alpine launched

Council Capital, a healthcare-focused private equity firm based in Nashville, has sold its stake in Atlanta, GA-based EspriGas to an entity affiliated with Kaltroco, a private investment company with operations in both the United States and Europe.  CEO Mike Walsh will remain a significant shareholder in EspriGas alongside Kaltroco. Terms

Private equity firm Lovell Minnick Partners is exit its investment in Worldwide Facilities (Worldwide), a national wholesale insurance brokerage, managing general agency and program manager, with Genstar to become a new investor in the company.  Financial terms of the private transaction have not been disclosed.   “It has been a

Pan-European private equity firm IK Investment Partners’ (IK) IK VIII Fund is to sell Ellab, a global supplier of solutions and services for measuring, recording, monitoring and validating critical parameters of thermal processes, to EQT.  During the past 70 years, Ellab has grown from a small Danish manufacturer of thermometers

Centre Partners, a middle market private equity firm with offices in New York and Los Angeles, has sold its portfolio company Stonewall Kitchen to Audax Private Equity. Financial terms of the transaction have not been disclosed. Founded in 1991, Stonewall Kitchen is a leading manufacturer of premium branded specialty food

Denham Capital has sold BioTherm Energy to Actis Capital, a leading emerging market investor, for an undisclosed sum. Denham invested in BioTherm Energy through its Fund V and helped build it into a leading African independent renewable power company. Jasandra Nyker, currently CEO at BioTherm, will become a Managing Director

Clayton, Dubilier & Rice has completed the sale of TRANZACT, a provider of direct-to-consumer sales and marketing solutions for individual Medicare and Life insurance policies across the US, to Willis Towers Watson. The total purchase price was USD1.3 billion. Under CD&R’s ownership, TRANZACT capitalised on rapid growth in its core

AnaCap Financial Partners (AnaCap), a specialist European financial services private equity firm and active investor, has sold Ellisphere, a French business intelligence company that specialises in data and analytics, to Andera Partners, Tikehau Capital and Bpifrance.  The exit comes after just two years since AnaCap’s initial investment and will generate