Levine Leichtman Capital Partners (LLCP), a Los Angeles-based private equity firm, has sold its portfolio company Monte Nido & Affiliates (Monte Nido) to funds managed by Revelstoke Capital Partners. Financial terms of the transaction have not been disclosed. Founded in 1996, Monte Nido is a leading provider of treatment programmes and services to adults and adolescents with eating disorders. The Company operates five respected brands with over 45 facilities across the US that provide a continuum of care encompassing inpatient, residential, partial hospitalisation, and intensive outpatient treatment. Its superior, industry-leading clinical outcomes, quality of staff and individualised approaches underpin its

Glints, an active end-to-end regional talent ecosystem in Southeast Asia for career development and recruitment, has raised $50 million in an oversubscribed Series D round co-led by DCM Ventures, Lavender Hill Capital, and returning investor PERSOL Holdings.

International freight logistics and express courier specialist, ITD Global, has secured a £15 million investment from the UK-based growth capital investor, BGF. ITD Global is a tech-enabled logistics consolidator, which brokers parcel and freight solutions for eCommerce clients. In the last 12 months, the Heywood-headquartered business has facilitated the delivery of more than 11 million parcels to addresses in the UK and overseas.   The significant investment from BGF will help the multi-award-winning business to deliver its ambitious growth plans through the expansion of its UK depot network, further development of its cutting-edge technology platform, and growing its newer services

The Bill & Melinda Gates Foundation has committed an investment of $5 million to Bactofile, a specialist in gut microbiome health in the food and feed industry. The funding will be used to accelerate the impact of Bactolife’s technology platform to develop binding proteins, a biologic solution to reduce the risk of gut infections in humans and animals. Bactolife takes a unique approach to gut health for the greater good of humans and animals by developing breakthrough binding proteins that can reduce the risk of developing gut infections at an affordable price. With Bactolife’s technology platform and the investment made

Oxwash, the UK’s first sustainable on-demand laundry and wet-cleaning startup, has raised £10 million in a series A funding round led by  Untitled VC, as it looks out to grow its nationwide footprint. Long standing supporter Biz Stone, co-founder of Twitter, also returned for the round, as did Indeed founder Paul Forster, and Holly and Sam Branson. New investors in the round include 8 Dimension Ventures, System Capital Management (Ukraine’s largest VC Fund), and Khimji Ramdas LLC. Many more existing investors chose to partake again, including Reckitt venture arm Access VC, Pentland Group, Ascension Ventures, Vala Capital, and Truesight Ventures.

Tech24, backed by HCI Equity Partners, has acquired AmeriCold and Arrowhead Commercial Equipment (Arrowhead). Tech24 is a national provider of repair and maintenance services for foodservice and commercial HVAC equipment. Arrowhead and AmeriCold represent Tech24’s tenth and eleventh add-on acquisitions in the highly fragmented foodservice repair and maintenance market. Financial terms have not been disclosed.    AmeriCold is a provider of cold-side repair and installation services to customers in the New York metro area, Washington DC, and Southeast Florida. The company has a wide range of customers across the restaurant, grocery store, and institutional end markets, from New York City’s

11:11 Systems (11:11), a managed infrastructure solutions provider backed by Tiger Infrastructure Partners, is to acquire Sungard Availability Services’ cloud managed services business. The transaction is expected to close this autumn. The Cloud Managed Service business is a sophisticated, mature cloud management practice that provides transparency, control and compliance to blue-chip, enterprise customers utilising hybrid and multi-cloud environments to power their businesses. As a part of this transaction, 11:11 will gain a team of highly skilled employees specialising in cloud management, customer service, AWS and Azure professional services and cybersecurity. 11:11 will also retain part of Sungard AS’ back-office and

The Riverside Company, a private investor focused on the smaller end of the middle market, has invested in Meridian Flavors Inc (Meridian), a manufacturer of sweet flavours for bakery, cereal, beverage and other product categories. The acquisition is an add-on to Riverside’s FlavorSum platform, which helps growing food and beverage companies go to market quickly and cost-effectively with innovative solutions for delivering great-tasting products that inspire loyalty among consumers. The acquisition of Meridian furthers FlavorSum’s objective of becoming food and beverage companies’ number one choice for flavor development and production. Growth through acquisition remains a key focus for FlavorSum, and

Northstar Capital (Northstar), a provider of junior capital for middle market private equity transactions, has invested in IronCraft, a portfolio company of LFM Capital (LFM). Terms of the transaction, which closed in November 2021, have not been disclosed. Northstar provided debt and an equity co-investment to help LFM finance the transaction. The Northstar team remains committed to partnering with experienced management teams and private equity sponsors to help good companies become even better. IronCraft is the seventeenth platform investment in Fund VII, a $500 million committed parallel fund strategy consisting of Northstar Mezzanine Partners VII and Northstar Mezzanine Partners SB.IC.

The Finance Durham Fund (Finance Durham), established by Durham County Council, overseen by Business Durham, and administered by Maven Capital Partners (Maven) has completed a profitable exit from threat intelligence firm Intelligence Fusion via a sale to Sigma7, a global risk services specialist and a portfolio company of Growth Catalyst Partners.