PE Tech Report

Deals

DecisionPoint Systems, a retail in-store solutions and services provider focused on point-of-sale systems, will merge with an affiliate of Barcoding Holdings, a portfolio company of Pennsylvania-based private equity firm Graham Partners, in a $78.5m all-cash transaction.
Private equity firm PAI Partners has agreed to acquire a majority (67%) stake in Vamed’s pan-European rehabilitation unit, currently a fully consolidated subsidiary of European multinational healthcare company Fresenius, which will maintain a 33% stake in in the business.
San Francisco-based investment firm Knox Lane has acquired a majority stake in All Star Healthcare Solutions, a US full-service healthcare staffing firm focused on the locum tenens market. Terms of the transaction have not been disclosed.
Funds managed by affiliates of Blackstone, the world’s largest alternative asset manager, have acquired Civica, a public sector software solutions provider, from private markets firm Partners Group, acting on behalf of clients.
London-based card reader maker SumUp has secured a €1.5bn private credit loan package from a group of lenders led by Goldman Sachs. Other participants include BlackRock, Apollo Global Management, Oaktree Capital Management and Vista Credit Partners.
Level, a UK-based and FCA-regulated lender operating in the family and private client law sectors, has secured a £5m equity investment from private equity firm Kendal Capital and acquired probate finance provider Tower Street Finance.
Swander Pace Capital, a private equity firm specialising in consumer product companies, has sold Functional Formularies, a provider of organic, whole food, shelf-stable feeding tube formulas, to Danone.
Lower middle market-focused global private investor The Riverside Company has acquired Arbeidsmiljø og Energiteknikk, a Norwegian distributor of third-party consumables and laboratory cleaning equipment, from RA Service and management. 
European middle-market private equity firm Inflexion has sold its stake in UK automotive retailing solutions provider Automotive Transformation Group to global automotive technology company Keyloop. 
Boston-headquartered private equity firm Advent International has entered into discussions with the Government of Oman over a potential injection of fresh capital into state-owned OQ Chemicals in exchange for a majority stake in the company, according to a report by Bloomberg.

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