Connecticut-based alternative investment and asset management company Five Mile has signed a definitive merger contract and other agreements to acquire the Chicago-based Prime Group Realty Trust. The deal is expected to close in the second half of 2011. In a prepared statement, the parties say Five Mile will acquire the

European venture capital firm DFJ Esprit has announced the sale of TLC, supplier of Customer Relationship Management, call centre and telemarketing solutions – ts fourth exit so far in 2011.   This success follows the sales of Lovefilm, and The Cloud earlier this year, continuing a series of seven exits

Advantage Capital Partners in partnership with Ironwood Capital have provided financing to three promising young companies located in Connecticut. Each of the companies has received a pre-seed investment of USD150,000. The funding provides these pre-seed companies with working and growth capital, offering each company the ability to fast track their

Becker & Poliakoff represented APR Energy, a provider of major turnkey temporary power generation services, and its management, in a USD250 million strategic investment transaction with private investment funds separately managed by Soros Fund Management LLC and Albright Capital Management LLC. The transaction provides substantial new growth capital, which APR

Yorkville Advisors, LLC (Yorkville), the US-based alternative investment manager, is pleased to announce it has entered into a GBP15 million Standby Equity Distribution Agreement (SEDA) on behalf of one of its funds with Jubilee Platinum plc (AIM:JLP / JSE:JLB), a mining exploration and development company with a focus on platinum

AXA Private Equity, the leading European diversified private equity firm, has signed an agreement for the sale of the fine chemicals company CABB to the private equity firm Bridgepoint. The parties agreed not to disclose the purchase price.   AXA Private Equity acquired the company headquartered in Sulzbach, Germany in

Private equity firm GI Partners (GI) and investment advisory firm Principal Company have acquired EUR214 million (face value) of first lien, non-conforming residential mortgages whose underlying collateral assets are in the Netherlands. Following an improvement in the Dutch unemployment rate, which is a key driver of borrower defaults, and other

Alternative asset manager The Carlyle Group (Carlyle) has acquired a significant majority stake in The Foundry Visionmongers Ltd, a developer of visual effects (VFX) software, from Advent Venture Partners (Advent) and other stakeholders.   Falcon Investment Advisors, LLC (Falcon) has converted its current ownership in The Foundry into mezzanine notes

Middle market private equity firm Levine Leichtman Capital Partners (LLCP) has held a final closing on commitments totalling USD225 million for its small business investment company fund, Levine Leichtman Capital Partners SBIC Fund, LP. Investors in the fund include a diverse group of domestic and international limited partners. Since its founding