CanopyHR Solutions, an Orange County-based payroll and human resources company, has received financial investment from Claritas Capital Fund III. “We like efficient business models,” says Theresa Sexton, vice president at Claritas. “We think CanopyHR is a compelling investment opportunity for our firm and for our investors. They have significant experience, and they’re innovative entrepreneurs with appropriate equity and the promise of smart, healthy growth.” Claritas focuses on development stage investing in companies with strong potential, and then uses its network of resources to add value. CanopyHR caught the investor’s attention with its solid management team and attractive financial structure, along

Private equity-backed deals announced in Q3 2010 have an aggregate value of USD66.7bn, an increase of nearly one-third on the previous quarter. Preqin’s quarterly deal flow data shows a total of 515 private equity buyout deals announced in Q3 2010, with an aggregate value of USD66.7bn. This represents a 29 per cent increase in the aggregate value from Q2 2010, when 498 deals were announced with an aggregate value of USD51.9bn, and a 147 per cent increase on the 396 deals valued at USD27bn reported in Q1 2010. Deal flow in Q3 2010 represents the strongest quarter for buyout deals

Charterhouse Group, a New York-based private equity firm, has sold its portfolio company Chamberlin Edmonds to a subsidiary of Emdeon for USD260m in cash. Headquartered in Atlanta, Georgia, Chamberlin Edmonds is a provider of government programme eligibility and enrollment services to over 200 acute care facilities in 30 states. Emdeon is a provider of healthcare revenue and payment cycle management solutions. The transaction has been financed through the use of unrestricted cash and borrowings under an amendment to Emdeon’s existing credit facility that was established simultaneously with the closing of the transaction. In connection with the credit facility amendment, Emdeon

KPS Capital Partners’ portfolio company HHI Group has completed its second recapitalisation in 2010. The proceeds of the recapitalisation – funded by a combination of a USD30m upsizing of the company’s term loan, cash on hand and the company’s asset-based revolving credit facility – were used to fund a USD50m cash distribution to stockholders. Following the second recapitalisation, HHI remains conservatively capitalised and has the continued support of KPS, its majority stockholder. KPS and minority stockholders, including MC Capital, a subsidiary of Mitsubishi, and HHI management, continue to own 100 per cent of HHI’s common stock. HHI completed a USD300m

Brynwood Partners, a lower middle market private equity firm, has completed the final close of its latest fund, Brynwood Partners VI, with USD305m of committed capital. "We are both pleased and proud to announce the final close of Brynwood VI at USD305m, the largest fund in our 26 year history," says Hendrik J. Hartong III, senior managing partner. "We are grateful for the support from all of our limited partners and happy to welcome ten new limited partners into our latest fund. We believe that our track record and operationally-focused investment strategy in the lower middle market continues to be

Private equity firms invested about USD2,047m across 88 deals in India during the quarter ended September 2010, according to a study by Venture Intelligence. The latest numbers take the total PE investments in 2010 to USD6,566m (across 231 deals) more than twice the USD2,502m invested (across 179 deals) during the same period in 2009. The amount invested in Q3 was little over twice that during the same period last year, which witnessed USD976m being invested across 65 deals, but lower compared to the immediate previous quarter USD2,364m across 71 deals. “For the first time since Q1’09, the amount invested by

Akin Gump Strauss Hauer & Feld is advising emerging market mobile telecoms operator VimpelCom on its combination with Weather Investments, a transaction that will create the world’s fifth largest mobile telecommunications carrier by subscribers. The deal was signed on 4 October 2010 and is expected to close subject to certain conditions being met in Q1 2011. On completion, the enlarged VimpelCom will have operations in 20 countries in Europe, Asia, Africa and North America, with approximately 850 million people living within the coverage area and pro forma net operating revenues of USD21.5bn. The shareholders of Weather Investments will receive 20

A new film fund launched by a local investment manager is believed to be the first investment fund established in Guernsey to specifically invest in film production, marketing and distribution. Confiance Fund Services has worked closely with UK-based investment adviser High Fliers Film and local law firm AO Hall as legal adviser to launch Confiance Film Products PCC which will invest in both big budget and small budget movies. “Financing films is always a delicate balance between the various parties involved in making the film and bringing it successfully to its target audience. You need to work with people who

Black Pearl Capital Partners has participated in the latest round of financing for Infinia, which has developed a scalable solar power solution that will enable broad access to inexpensive, mass-manufactured solar power. The financing, which was led by GLG Partners with participation from Black Pearl and includes previous investors such as Vulcan Capital, will enable Infinia to fund the commercial launch of its PowerDish product. "We’re excited about being a part of a technology that could change the way we view and use solar energy. Infinia has the makings of a company that could set a new standard for clean,

Antin Infrastructure Partners has reached its final closing at EUR1.1bn, exceeding its EUR1bn target. Alain Rauscher, chief executive officer and managing partner, says: “The fundraising was initiated at the beginning of 2009, in an extremely difficult market. We were, however, able to attract some high quality investors early on, which paved the road for the success of our placement. Our success is based on the diversity of the team, the quality of the current investments, a focus on the Eurozone and an independent governance.” The fund is a ten year closed end fund, focussed on brownfield, non-listed assets located in