Summit Partners is to sell Actix Ltd, an independent software provider in mobile optimisation, to Amdocs for approximately USD120m in cash, subject to customary closing conditions.   Bill McHale, chief executive of Actix, says: “Summit Partners’ expertise in the mobile telecommunications and software sectors enabled Actix to develop the ActixOne platform. The optimization space has been undergoing significant changes, and Summit helped the Actix management team become a significant vendor in this dynamic, growing market. These factors allowed Actix to realise its potential and become part of the much larger Amdocs family.”   “It has been a pleasure to work

Actis, the pan-emerging markets private equity firm, has acquired 60 per cent of Atlantic Energias Renovaveis, a Brazilian renewable energy company, for an initial commitment of USD169m through a primary transaction.    Actis will be joining existing shareholders Pattac (24 per cent) and Servinoga (16 per cent), the co-founders of Atlantic and experienced infrastructure investors.   Atlantic is a renewable energy platform that has 220 MW of projects with long-term PPAs and a proprietary land bank with 1.8 GW of wind potential. Besides the USD169m initial commitment, Actis expects to invest a further USD100m into Atlantic over the next five years

Boticca.com, a fashion accessories-only focused website, has closed a GBP2.5m series A financing from UK-based venture capital firm MMC Ventures and high net worth individuals in Europe, the Middle East and Asia.   The individual investors include Turkish entrepreneur Sina Afra, chief executive and chairman of Markafoni and former European director of M&A for eBay.   This marks Boticca’s second round of financing following a GBP1.5m seed round in June 2011 led by French Internet entrepreneurs’ fund ISAI, who also contributed to this round.   Launched in October 2010, Boticca.com enables customers to connect with, and purchase directly, from professional small

MidOcean Partners, a middle market private equity firm, is to sell Bushnell Group to ATK.   Bushnell specialises in branded sports optics, outdoor accessories and performance eyewear.   MidOcean acquired Bushnell in August 2007 and has helped to transform the business as it completed nine add-on acquisitions into complementary product lines.   Bushnell offers a broad portfolio of high-quality, affordable products such as laser rangefinders, trail cameras, riflescopes, binoculars, hunting and shooting sports accessories, and sun, winter and safety eyewear.   “Bushnell is a leading provider of outdoor consumer-branded products,” says Blake Lipham, Bushnell Outdoor Products’ president and chief executive.

Newcastle Investment Corp has acquired Dow Jones Local Media Group from News Corp for USD87m.   The company made a total equity investment of USD54m, including transaction expenses, and financed the remainder of the purchase price with USD33m of debt.   Local Media Group operates 33 local publications, including eight daily and 15 weekly newspapers, in seven states. Many of these publications have been providing local content to their communities for over 75 years.   The Local Media Group operations will be managed by GateHouse Media, one of the largest publishers of locally based print and online media in the

Tungsten is to acquire OB10, a business-to-business (B2B) e-invoicing network, for GBP99m.   Tungsten has also signed a five-year rolling licence agreement with @UK PLC to deploy its analytic software technology to enable TungstenAnalytics to be delivered across Tungsten’s global e-invoicing network following the acquisition of OB10.   Tungsten intends, subject to regulatory approval, to acquire an identified duly authorised UK bank, whose assets solely comprise short term UK gilts and/or certificates of deposit to specialise in the provision of supply chain financing. It also intends to seek admission to trading on the AIM market of the London Stock Exchange

Delicpol, a Polish confectionery company, has acquired Cuprod, a Polish confectionery manufacturer, with the support of its shareholders AXA Private Equity and Resource Partners.   The transaction has been completed one year after AXA Private Equity and Resource Partners acquired the business, and forms part of the growth strategy for the business set-up alongside the management team.   The merger will provide market consolidation and create a significant player in the European confectionery market.   Established in 1992, Delicpol is a leading Polish confectionery company which specialises in biscuit manufacturing. Since its inception, the company has grown from a small

Private equity firm Banyan Capital Partners has acquired a majority interest in MIP Inc.   Banyan is partnering with the company’s chief executive David Arditi and executive vice president of operations Aviyam Friedman, both of whom will carry on in their existing roles with MIP. Co-founder David Schreiner will continue leading the company’s growth into South American markets.   Founded in 1978, MIP is a manufacturer and distributor of high-performance textile and related products to hospitals and long-term care facilities throughout North America, Europe, the UK and South America.   Jeff Wigle, managing director of Banyan Capital Partners, says: "We perceive