Iris Dorbian
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.
Glendower Capital has closed its fourth private equity secondary fund at $2.7 billion. The fund's investors include public and corporate pension funds, sovereign wealth funds, insurance companies, endowments, foundations, wealth platforms and family offices. Debevoise & Plimpton LLP's private funds team served as legal counsel to Glendower.
Eastdil Secured LLC, a private real estate investment banking company, has named Andy Wimsatt as managing director in its Washington, D.C. office. His appointment is effective immediately. Previously, he worked at CBRE Hotels' Institutional Properties Group.
Seacoast Capital has exited its investment in Northwest Cascade, a provider of portable sanitation rental services, septic pumping, drain cleaning services and heavy civil, municipal and residential construction services in the Pacific Northwest, California, Utah and Texas. No financial terms were disclosed.
PriceSpider, which is backed by Frontier Capital, has acquired ORIS Intelligence, a provider of insights for manufacturers. No financial terms were disclosed. Vaquero Capital LLC served as financial adviser to ORIS on the transaction.
Thoma Bravo has raised over $648 million for its inaugural credit fund, according to an SEC filing. The target is $750 million.
AFC Industries, which is backed by Incline Equity Partners, has acquired Des Moines, Boulder-based The Boulder Company, a provider of industrial components to original equipment manufacturers. No financial terms were disclosed. Twin Brook Capital Partners served as administrative agent on financing to support the transaction, according to a source familiar with the transaction.
Family office Marc Bell Capital has appointed Anu Bhardwaj as entrepreneur-in-residence and deep technology advisor. Bhardwaj is the founder of SHEQ+, Krypto 4 Kids, Qrypto Queens and Women INVESTING in Women DIGITAL.
Torian Capital has agreed to provide a $225 million loan to Harvest Health & Recreation Inc, a cannabis company. The capital will be used for expansion.