Miller Heiman has been acquired by Providence Equity Partners, a private equity firm focused on media, communications, education and information investments. The investment from Providence will accelerate corporate growth initiatives and further Miller Heiman’s presence in global markets.  Terms of the transaction were not disclosed. Sam Reese, chief executive officer of Miller Heiman, says: "We have always shown a consistent pattern of growth and innovation, including our two recent acquisitions of Channel Enablers and Impact Learning Systems, the addition of the Miller Heiman Research Institute, and the phase-one rollout of our mobile strategy in just the last 13 months. We

Sterling Partners, a growth-oriented private equity firm, has acquired PlattForm Advertising, a provider of marketing and enrolment-management services to colleges and universities. Financial details of the transaction have not been disclosed. PlattForm provides a full suite of marketing services to manage and execute all aspects of a school’s marketing strategy. Through the use of rigorous data and analytics, PlattForm creates, manages and executes mission-critical marketing campaigns for both career schools and traditional colleges and universities. Michael Platt, founder and chairman of PlattForm, is partnering with Sterling in this transaction and will retain an equity interest in the company. “Sterling Partners

PureCars has raised USD5m of new equity capital from Gemini Investors and Stage 1 Ventures. This financing will allow PureCars to enhance and expand its services and product offerings to its rapidly growing family of automotive dealerships. PureCars’ mission has been to work alongside automotive dealerships, from single rooftop stores to top nationwide dealer groups, helping dealerships optimise returns on digital marketing and increase sales. PureCars was co-founded by Jeremy Anspach, its president and chief executive. "I’m extremely proud of the PureCars team, what we’ve accomplished, and what is to come,” he says. “I’ve always known our company’s success starts

American Eagle Energy has sold four million shares of its restricted common stock to Power Energy Holdings. The purchase price was USD1.00 per share and the transaction closed on 4 January 2013. The per-share sale price represents an approximate 22 per cent premium to the 31 December 2012 closing price of American Eagle’s common stock. In two other separate agreements, American Eagle granted options to Power Energy Partners, an affiliate of Power Energy Holdings, to purchase 10 per cent of either or both of the two Spyglass Property acquisitions, one of which was announced on 3 January and the other

Private equity firm Arsenal Capital Partners’ portfolio company WIRB-Copernicus Group has acquired Research Dataware, the software developer and provider of IRBNet, an application supporting institutional review boards (IRBs). Based in Massachusetts, Research Dataware enables research organisations to comply with regulations and efficiently manage the process and documentation complexities required by federal and state regulations.  Launched in 2005 as a web-based, software-as-a-service (SaaS) application, IRBNet is now the most widely used electronic solution for managing the research compliance practices of institutions that conduct clinical research. IRBNet has more than 90,000 users within 1,700 hospitals, research sites, defence department facilities, universities and

Georgia Oak Partners has made an investment in TeamOne Logistics, a provider of workforce solutions to companies with transportation or warehousing related functions. Founded in 2003, TeamOne specialises in employee services, including recruitment and screening, training and development, benefits, risk management and compliance. With approximately USD50m in revenue, TeamOne has more than 750 employees across 26 states. Georgia Oak is partnering with the existing management of TeamOne Logistics, including founder Jerry Gray. A 30-year veteran in the transportation and logistics industry, Gray continues as president of TeamOne. “The Georgia Oak partnership is an exciting next step for us and will

Water Street portfolio company Sarnova, a distributor of healthcare products in the emergency medical services and acute care markets, has acquired DXE Medical. The acquisition extends the company’s portfolio of resuscitation equipment, and expands its services into maintaining, repairing and recertifying EMS and acute care equipment. “As a market leader, we have been looking at new ways to support health care providers who are operating under increasingly constrained budgets. Adding repair and recertification capabilities to our menu of services enables us to become a long-term partner to our customers in helping them care for and maximise the life of their

Wisdom Capital Partners has partnered with Stanwich Partners and Ironwood Capital to acquire privately-held Advanced Recycling Systems (ARS) of Lowellville, Ohio. Founded in 1991, ARS designs and manufactures patented equipment used in the collection, recycling and removal of dust and debris generated in industrial environments. ARS offers a proprietary line of products including steel grit recyclers and dust collectors for the bridge painting, municipal water tank, shipbuilding and industrial market segments. "ARS is well positioned for future growth as an aging infrastructure in the US continues to require significant investment and attention. There is also a growing need for environmentally-friendly