Morgenthaler Private Equity (MPE), the Cleveland and Boston-based private equity team focused on lower middle market buyouts, has completed the sale of Avtron Loadbank, a designer and manufacturer of power integrity test and measurement devices, to Emerson. The Company’s load bank technologies test and validate the quality and integrity of

Marubeni Corporation and Innovation Network Corporation of Japan (INCJ), a government-sponsored private equity corporation, have agreed to acquire Seajacks International from funds controlled by Riverstone Holdings.  The terms of the transaction have not been disclosed. The sale is expected to close at the end of April 2012.  Marubeni intends to

Appirio, a technology-enabled services provider that helps enterprises power their business with the cloud, has closed USD60 million in Series D funding led by global growth investor General Atlantic, with participation from existing investors Sequoia Capital and GGV Capital. Appirio plans to use the funds for investment and M&A to

DX Group Limited, the UK and Ireland independent mail, courier and logistics network operator, has today completed the acquisition of Nightfreight. The acquisition has been funded from DX cash resources and terms have not been disclosed. Nightfreight is a leading logistics business, with a particular niche in the irregular dimension and

Beanstalk Management, the boutique corporate finance advisor, has helped secured a follow-on funding round and sourced new investors for nanoelectronics company Surrey Nanosystems, which will allow it to continue to develop its innovative technology. The funding round of GBP4.5 million is one of the largest amounts for any UK semiconductor-focused

Capital Dynamics, a global private asset manager, has acquired three portfolios of solar energy projects in California and New Jersey, representing investment projects in various stages of development of over USD300 million. The first portfolio features approximately 80 megawatts (MW) of utility-scale solar power generation projects. The portfolio was developed

Business Growth Fund (BGF), established to help the UK’s fast-growing smaller and medium sized businesses, has made its first oil and gas industry investment in STATS, an oilfield service sector business.  This is BGF’s first investment in Scotland and its fourth investment since the start of 2012.   BGF is investing

In a “familiar” move, Amin Amiri of a2e Venture Catalysts, has acquired the worldwide business and operations of Omnova Wallcovering (UK) Limited known as Muraspec, which was part of the commercial wall covering business of OMNOVA Solutions, a US based conglomerate. Net assets of USD11million were purchased by using only

The Currency Cloud, an FX payments automation platform, has secured USD4m in Series-A funding, led by Atlas Venture with follow-on participation from Anthemis Group. The company had previously raised USD2M from Anthemis and others.  The funding will be used to ramp commercial activity and continue product development. More than 100 corporate