Summit Materials has recently acquired Industrial Asphalt, Inc, Asphalt Paving Company of Austin, Inc and Ramming Paving Company, Ltd in Austin, Texas. Industrial Asphalt, Inc. led by Jill Shackelford, is based in South Austin and operates a quarry and two asphalt plants. Asphalt Paving, led by Joseph Jackson is also based in Austin and is a longstanding paving business. Ramming Paving Company, Ltd (“Ramming”), led by John Ramming, is a quarry, asphalt, and paving services company with operations in Austin and San Antonio. All the management teams will remain in place and will continue developing the businesses under Summit management.

Vista Equity Partners has completed its acquisition of the Sage Healthcare Division from The Sage Group plc in an agreement that was announced on 22 September, 2011. The new company will be called Vitera Healthcare Solutions (Vitera), which will continue serving the ambulatory market with its current line of electronic health records (EHR), practice management and revenue cycle management products. Vitera’s products include Intergy, Intergy EHR, Practice Analytics, Practice Portal, STS, as well as the Medical Manager practice management product. As one of the largest healthcare solutions providers in the EHR and practice management markets, Vitera serves more than 400,000

HIG Capital has sold portfolio company Securus Technologies to Castle Harlan, a private equity firm based in New York, NY. Securus, based in Dallas, TX, was formed by HIG in September 2004 through the merger of Evercom Systems and T-Netix. Today, the company is one of the largest providers of detainee communications and information management solutions, serving approximately 2,200 correctional facilities and more than 850,000 inmates nationwide. "We have had great success turning Securus into the industry’s leading player through our partnership with HIG," says Rick Smith, Chief Executive Officer of Securus. "In addition to providing capital for our business,

HIG Capital and Charlesbank Capital Partners have sold their interest in Vision Source, a division of TLC Vision to an investor consortium led by Brazos Private Equity Partners. HIG Capital and Charlesbank Capital Partners acquired their stake in Vision Source in May 2010 when they purchased TLC Vision, a Minneapolis based eye-care services company. Vision Source is an independent optometric franchising organisation with a network of more than 2,300 franchises across Canada and all 50 US states. The Company offers its members attractive purchasing power, practice management assistance and professional development. Led by an experienced management team, Vision Source has

WhaleShark Media has received USD150 million funding from JP Morgan Asset Management and Institutional Venture Partners (IVP) bringing the company’s total funding from investors to nearly USD300 million. The capital will be used to support the company’s rapid organic growth through key strategic technology and personnel enhancements within the organisation and additional growth from new acquisitions. As a part of the investment round, IVP’s Jules Maltz will join WhaleShark’s board of directors. “This latest round of funding is a testament to the value WhaleShark Media provides by connecting its bargain-savvy consumers and merchant partners in the world’s largest online coupon and

LGV Capital has successfully completed the management buy-out of ABI (UK) Group Limited (ABI), a manufacturer of caravan holiday homes focusing on the UK holiday parks market. The business is based in Beverley, Yorkshire and employs approximately 300 people. LGV has backed the existing management team led by Chief Executive, Mel Copper, and including Richard Jones, Dean Hague, Paul Clackstone and Stephen Hardaker. LGV is a well established provider of private equity in the UK market and part of the Legal & General Group. LGV has a 20 year history of successfully backing management teams in consumer, leisure, services and

Devglass Group, an independent manufacturer and distributor of insulating glass, has refinanced its bank debt and repaid EUR35 million of senior and junior mezzanine bonds held by European Capital. European Capital will continue to hold 40% of the equity alongside Olivier Rambeau, CEO and majority shareholder of the Devglass Group. "We are very pleased with our investment in Devglass. The group has been able to create value ever since 2007," declared Ira Wagner, President of European Capital Financial Services Limited ("European Capital Services"). "This refinancing shows that French banks are still prepared to back the most dynamic and best-performing regional

RJD Partners (RJD) has sold its investment in TransLinc, the market leader in the provision of specialised vehicles and related services to local authorities and the utilities market, in a trade sale to May Gurney Integrated Services. The transaction values TransLinc at GBP65.6 million, giving a return to RJD of approximately 2.7x its original investment and an IRR of 26%. TransLinc is the second realisation from RJD’s second fund, RJD Private Equity Fund II. RJD backed the GBP50 million buyout of TransLinc in June 2007. Having originally been formed within Lincolnshire County Council, TransLinc has grown to become the market

Private equity firm Denham Capita has committed USD200M to establish an African mining platform in partnership with Pangea Exploration, a South African mining exploration company. The new business will target a wide range of opportunities across Africa. Pangea Exploration is led by Rob Still and his team, who have a strong track record of entrepreneurial success and proven operating experience in large corporate ventures. Mr. Still’s recent positions included Chairman of Zimbabwe Platinum Mines (Zimplats), Chairman of Metorex and director of Pan African Resources.  The new venture will look at opportunities across all stages of the project life cycle, from