The Riverside Company has acquired the US food ingredients distribution business of Centerchem, a distributor of Capol products. Based in Elmshorn, Germany, Capol is a Riverside platform company that develops and manufactures polishing, anti-sticking and release agents used for confectionary applications. The new US operation, Capol LLC, is based in

Tech Coast Angels (TCA) raised more than USD10m of total investment in 17 companies, including USD4,571,000 of direct TCA investment, during the first half of 2012 via the group’s five networks in Los Angeles, Orange County, San Diego, Central Coast, and Inland Empire. The investment portfolio for the period spans

An affiliate of Lightyear Fund III has completed its acquisition of the Healthcare Benefit Solutions business from FIS. Lightyear previously announced the signing of a definitive agreement to acquire the business on 25 June 2012. The new company has been renamed and will operate as Alegeus Technologies. Alegeus is provides

The Carlyle Group and Getty Images management have formed a partnership to acquire Getty Images, a creator and distributor of still imagery, video and multimedia products, from Hellman & Friedman for USD3.3bn. Carlyle will acquire a controlling stake in Getty Images, while Getty Images co-founder and chairman Mark Getty and

Medical Marijuana has signed closing documentation for a USD2m line of credit with Lotus Capital, a Chicago based private equity firm. The line of credit will be used as a reserve fund for product expansion of the Dixie X line of Cannabidoil (CBD) based products as well as to support

MCG Capital has closed its investment in IDOC consisting of senior debt and equity. IDOC, a portfolio company of The Riverside Company, is comprised of an alliance of independent optometrists throughout the US, including practices representing more than 1,400 optometrist members. The IDOC investment is MCG’s first with The Riverside

Albion Ventures has invested GBP1.3m in partnership with Welsh based developer Dragon Hydro to fund the development of a single 300kW hydropower scheme on the Afon Cadair river in the county of Gwynedd in Wales. The site in Wales will benefit from the Feed-in-Tariff regime and is expecting to generate

Los Angeles-based private equity firm Aurora Capital Group has acquired Market Track, a provider of promotional intelligence solutions in North America, from Monitor Clipper Partners, a Boston-based PE firm (MCP).  Key leadership, including CEO Wayne Mincey and President Paul Salay, will remain in their respective roles.  Terms of the transaction

WL Ross & Co has agreed to purchase 4.4 million common shares of Navigator Holdings owned by Lehman Brothers Inc (LBI) for USD110 million.  James W Giddens, Trustee for the Securities Investor Protection Act liquidation of LBI, has submitted a motion to the United States Bankruptcy Court of the Southern