Iris Dorbian
Progressio has acquired a minority stake in Polenghi Food S.p.A from the Polenghi family. No financial terms were disclosed. Polenghi Food is an Italian distributor of lemon and lime juice products for the condiments industry. No financial terms were disclosed.
Fenix Parts, which is backed by Stellex Capital, has closed its previously announced acquisition of the assets of Georgia-based Cox Truck and Van Inc, an operator of a full-service auto recycling facility. No financial terms were disclosed.
CoolSys, which is backed by Ares Management, has acquired Lakeville, Minnesota-based Agape Mechnical, which specializes in HVAC, refrigeration, electrical and plumbing services, as well as hot water hydro-scrubbing. No financial terms were disclosed.
Related Fund Management, Brookhaven Rail Partners and Stephens Capital Partners LLC have acquired Pioneer Railcorp, a railroad holding company that owns short-line railroads and several other railroad-related businesses. BMO served as financial adviser to Pioneer on the transaction.
Kellermeyer Bergensons Services LLC, a portfolio company of GI Partners, has acquired Pristine, a provider of facility management, contract cleaning and related services. No financial terms were disclosed. Pristine was backed by Great Elm Capital Corp.
Evercore has named Ari Berger as a senior managing director in the firm's investment banking business. His appointment begins in October. Previously, Berger worked at Barclays where he was a managing director in its consumer retail group.
Congruex, which is backed by Crestview Partners, has acquired Ontario, California-based HHS Construction, a provider of infrastructure services to major telecommunications and cable providers primarily in Southern California and adjacent geographies. No financial terms were disclosed.
Antin Infrastructure Partners has agreed to acquire Veolia's U.S. district energy business. The enterprise value of the deal is $1.25 billion.
Confidus Investment Partners has made an investment in London-based EvoluteIQ, an intelligent automation business. No financial terms were disclosed. In addition to the funding, Peter Dahlgren will join EvoluteIQ's board of directors as chairman.
Wellspring Capital Management has named Alexander G. Bues as head of business development. Bues is the former head of business development for Balance Point Capital.