MidSpan Partners has sold Jordan Technologies to Flare Industries, a portfolio company of Texas-based private equity firm Turnbridge Capital. Jordan Technologies is a supplier of vapour recovery units (VRUs) and the largest service provider for VRUs in the world. MidSpan Partners served as the exclusive financial adviser to the Jordan shareholders. “From our first meeting through to the closing, the MidSpan team was an invaluable partner,” says Mark Jordan, president, Jordan Technologies. “They worked closely with management and the shareholders through every step of the process and were able to guide the Company through the intricacies of the sell-side process.

Resilience Capital Partners, a Cleveland-based private equity firm, has acquired R&D Enterprises, an original equipment manufacturer of highly-engineered heat exchange and cooling products serving the off-road, marine, on-highway and industrial end markets. R&D Enterprises is Resilience Capital Partners’ first add-on acquisition by its Thermal Solutions Manufacturing investment platform, which it acquired in February 2012. Thermal Solutions Manufacturing is an aftermarket manufacturer of heavy duty and light truck heat exchange products serving the off-road, on-highway and industrial end markets through its 25 distribution locations in North and Central America. Richard Cox, the former owner and president of R&D Enterprises, says: "It

Middle-market private equity firm Wynnchurch Capital’s newly formed portfolio company, Heligear Acquisition Holdings, has acquired substantially all of the operating assets of Northstar Aerospace (NSA) and its subsidiaries through court administered insolvency proceedings in both the US and Canada. Headquartered in the Chicago suburb of Bedford Park, Illinois, the company is a manufacturer of flight-critical and non-flight-critical parts for military and commercial aircraft applications. The company will continue to operate under the "Northstar Aerospace" name and employ substantially the entire NSA workforce. Prior to the acquisition, NSA was publicly traded on the Toronto Stock Exchange. "The message for our customers,

Gimv has taken a stake in GOVECS together with BayBG as co-investor. GOVECS is a European manufacturer of e-scooters. The company’s products range from e-scooters with a top speed of 25 km/h to models capable of up to 85 km/h. In 2011 and 2012, GOVECS scooters were named “European E-Scooter of the Year”. In addition to Gimv and BayBG, existing shareholders (including the KfW bank and family offices) participated in the round of financing by contributing fresh capital, taking the total to around EUR10m. The new capital is earmarked for strengthening GOVECS’s leadership role in the growth market for e-scooters

Actis, the pan-emerging markets private equity firm, has confirmed an investment of USD68m in CNA, a provider of English language training in Brazil. A portion of the investment will be funded from Actis’s new global fund, Actis 4.   CNA was established in 1970 and is now among the four largest private suppliers of English language training in Brazil with more than 500 schools nationwide and over 400,000 textbook kits sold per year.   CNA’s customer base includes children and teenagers but its primary target audience is young adults keen to improve their career prospects by learning English.   Actis

North Castle Partners has completed an investment in Curves International, the largest fitness club franchisor in the world with approximately 7,300 locations in 90 countries of clubs specifically designed for women.  North Castle is a private equity firm focused exclusively on health, wellness and active living companies. The terms of the investment by North Castle and its co-investors were not disclosed. "As a firm focused on businesses that promote health, wellness, and active living, an investment in Curves was natural for us," says Chip Baird, North Castle’s founder and managing partner. "We are excited to partner with the company’s founders,

Maven Capital Partners has sold WEMS International to WHEB Partners and members of the WEMS management team, realising the investment made in June 2010 by Maven on behalf of the Capital for Enterprise Fund A. WEMS (formerly Adam Communication Systems International) is a UK based provider of building energy management systems (BEMS) and associated energy management services. WEMS products and services allow customers to reduce energy costs, carbon emissions and to comply with increasing levels of legislation in this area over recent years. Stockport based WEMS was established in 1990 and has many thousands of installed energy management systems within

AXA Private Equity has signed an agreement for the sale of 100 per cent of its interest in Unipex Group to the IK2007 Fund advised by IK Investment Partners. The completion of the transaction is subject to certain customary conditions, but the parties expect the transaction to be completed by the end of September.   Patrice Barthelmes, chief executive of Unipex Group, says: "We would like to thank AXA Private Equity for its active ownership during these four years, which has enabled us to gain a leading position. We remain focused on the future growth of our business and will