Clearlake Capital Group has completed the acquisition of Futuris Automotive from Elders Limited.   The transaction was first announced on 31 July 2013. Clearlake operating advisor and automotive industry veteran Mervin Dunn has joined the Futuris board of directors as co-chairman.   Established in 1967, Futuris Automotive designs, engineers and manufactures seating and interior systems for leading global OEMs. Key automotive solutions include seating systems and hardware, interior products such as door trims, headliners, and floor carpets, and various aftermarket services. Futuris has design and engineering centres in Australia, China and the US and manufacturing facilities in Australia, China, Thailand

Baltcom, an entertainment and telecommunication services company in Latvia, has completed the acquisition of IZZI, the second largest cable television operator in the country.   Baltcom completed this acquisition with the full support of its shareholders AXA Private Equity, the European diversified private equity firm, and Resource Partners, a consumer-focused investor in Central and Eastern Europe.   Baltcom and IZZI will continue to operate as independent legal entities. The clients of both companies will continue to receive the services they had previously and will also have the opportunity to access the wider, combined offering of the companies, broadened with new

Independent corporate advisory firm Acuity Advisors has acted as exclusive corporate finance advisor to KnowledgeCenter to secure agreement from Charles Taylor to purchase both the business and its assets.   Established in 2001, KnowledgeCenter provides tailored business solutions to the insurance industry with its business process management and document management software applications. KnowledgeCenter works at all stages of a project’s lifecycle from initial project definition, through analysis and design, solution development, implementation and product or solution training.   Charles Taylor is an international provider of professional services to clients in the global insurance market. The group has been providing professional

BMC Software has concluded its acquisition by a private investor group led by Bain Capital and Golden Gate Capital together with Insight Venture Partners, GIC Special Investments and Elliott Management.   “This is an exciting day for BMC Software, including our employees, our partners and our new owners,” says Bob Beauchamp, the company’s chairman and chief executive officer. “Most importantly, this transaction is very good news for our customers.  As a private company, we will be able to innovate more quickly than ever before and deliver the most valuable IT management solutions in the industry.”   “BMC is the leading global

The CapStreet Group has completed a majority recapitalisation of Industrial Plant Services, the parent company of EPSCO International and Plant Maintenance Services, in partnership with the senior management team.   Founded in 1994, Industrial Plant Services is a Houston-based provider of corrosion resistant and non-metallic products primarily serving the petrochemical and general industrial end markets.   Private equity firm CapStreet, also based in Houston, focuses on growing, lower-middle market companies in Texas and other Sunbelt states.   EPSCO International, founded in 1962, is a specialty distributor of corrosion resistant and non-metallic products along the Gulf Coast. EPSCO has facilities in

HIG Capital’s Brazilian affiliate has acquired a majority stake in Eletromidia, one of the largest players in the out-of-home advertising industry.   The two founders will retain a significant ownership and will continue in their positions of leading the company.   Founded in 1993, Eletromidia reaches over six million people daily with advertising solutions. The company manages urban furniture, digital outdoor displays and indoor networks across 18 cities.   “HIG’s investment will enable Eletromidia to participate in larger projects and fuel our organic expansion plans. Through this partnership, we are confident that we will improve the reach and depth of

CrowdStrike, a provider of security technologies and services focused on identifying advanced threats and targeted attacks, has raised USD30m in series B financing.   The round was led by Accel Partners and included founding investor Warburg Pincus.   Sameer Gandhi, partner at Accel Partners, will join the board of directors.   CrowdStrike will use the financing to further drive innovation in big data analytics and security intelligence and support an aggressive go-to-market strategy in the next-generation threat protection space.   "The completion of our funding is perfectly timed to meet growing demand for targeted attack detection, prevention, and monitoring," says