Quality Technology Services, a provider of data centre facilities and managed services, has entered into an investment partnership with global growth investor General Atlantic. Under terms of the partnership, GA will invest USD150m into QualityTech. The investment will be used to grow existing and new data centres and continue development of the managed services platform. “Our new partnership with General Atlantic, one of the world’s largest growth equity investors, directly supports QualityTech’s longstanding singular focus on strategically expanding our nationwide data center footprint and service offerings,” says Chad Williams (pictured), chairman and chief executive of QualityTech. “GA has deep experience

Aureos Capital, a private equity fund management company, has sold a 13 per cent stake held by one of its funds in the Sri Lankan trading software company MillenniumIT to the London Stock Exchange Group. The company has been acquired by the London Stock Exchange Group for USD30m.   MillenniumIT is a technology solutions provider serving the global capital markets industry. Its products are used by exchanges, depositories, brokerages and regulatory bodies in the US, Europe, Africa and the Asia Pacific region.   Aureos, which specialises in investing in small to mid-cap businesses in emerging markets, has been an investor

Fifth Third Bank has formed a focused private equity lending team, Fifth Third Sponsor Leveraged Finance. The team will provide cash flow financings to a select group of private equity clients and will target businesses with USD10m to USD50m in earnings before interest, taxes depreciation and amortization. Managing directors Brian Crabb and Josh VanManen will lead the team. Crabb comes to Fifth Third Bank with experience in the leveraged environment from Heller Financial, GE Capital, and most recently, CapitalSource Finance. VanManen joins the team from Fifth Third Bank’s structured finance business, where he most recently ran the group’s Western region

Venture capital investors Hummer Winblad Venture Partners and Scale Venture Partners have sold their investments in Omniture to Adobe Systems. Adobe is a provider of diversified software solutions, while Omniture is a provider of online business optimization software. Adobe, through its wholly-owned subsidiary Snowbird Acquisition, has completed its tender offer to acquire all of the outstanding shares of Omniture. A total of approximately 68,125,532 shares were validly tendered and not withdrawn in the tender offer, representing approximately 86.68 per cent of Omniture’s issued and outstanding shares. Adobe has received commitments to tender approximately 3,031,464 additional shares under the guaranteed delivery

Mission Bay Capital, a newly-formed venture capital firm focused on bioscience companies emerging from the California Institute for Quantitative Biosciences and the University of California, has formed its first venture fund. The USD7.5m Mission Bay Capital Fund will be invested in breakthrough companies whose founders or technologies are associated with the University of California system. "Mission Bay Capital represents a novel marriage of our ability to find the most promising technologies within the University of California combined with the remarkable investment skills of some of the world’s leading venture capitalists. Together we will fund promising, early-stage companies that might otherwise

A syndicate led by Sofinnova Partners, a Paris-based venture capital firm, has completed a USD12m series A investment in DNP Green Technology, a developer of technologies for molecules to the chemical industry. In addition to Sofinnova, which participated with USD8m in this round, investors include Mitsui Venture Partners, Samsung Ventures Investment, the Cliffton Group and AquaRimco. All participants in the round are new investors except for AquaRimco. Both Sofinnova and Mitsui will now be represented on the board of DNP Green Technology. Part of the proceeds from the investment will be used by DNP Green Technology to commercialise the production

Rock Hill Capital Group’s portfolio company Integrated A/V Systems has completed the acquisition of a majority interest in Creative Presentations, headquartered in New Orleans, Louisiana. Integrated A/V is a full service integration and reseller of audio and video equipment including interactive whiteboards, projectors, LCD and plasma displays, audio systems, and document cameras. The company serves customers in the corporate, government and educational institutions. With the acquisition of Creative Presentations, Integrated A/V will have offices in Texas: Houston, Dallas, Austin, San Antonio and Tyler and Louisiana: Lafayette and New Orleans. Creative Presentations was founded by Barry and Susan Edwards and is

Global private equity firm The Carlyle Group has agreed to acquire 100 per cent of the outstanding shares of Broadleaf, one of the largest auto after-market software providers to the repair and inspection industry in Japan. Broadleaf is currently owned by Olympus and ITX. The transaction is scheduled to close on 13 November 2009. Further financial details were not disclosed.   Since its establishment in 2005, Broadleaf has expanded its business as a subsidiary of the publicly listed ITX. After reaching agreement with current shareholders, Broadleaf has decided to become independent through a management buyout. By leveraging Carlyle’s global network,