From this morning’s LBO Wire:
Goldleaf, which will change its name to Alogent, offers software that focuses on electronically capturing, processing and analyzing check data and images. Battery General Partner Russell Fleischer said his firm believes the company will be a platform to make acquisitions in the branch-deposit capture and broader banking services sectors, among others.
More stories available to LBO Wire subscribers:
BBH Capital closed its fifth fund with $802 million…Private equity health-care deal value dropped in 2015 although distressed opportunities may pick up this year…And Private equity–backed oil and gas deals fell during the first quarter.
(LBO Wire is a daily newsletter with comprehensive analysis of all the investments, deals, fundraisings and personnel moves involving private equity firms. For a two-week trial, visit http://on.wsj.com/DJPEVCNews, scroll to the bottom and click “try for free.”)
Elsewhere on the Web:
A group of buyers that includes China-based Apex Technology Co. and Asia-focused PAG Asia Capital agreed to buy publicly traded Lexmark International for $2.54 billion, Josh Beckerman reports for The Wall Street Journal.
Also in the Journal, Yahoo reported declining revenue in a fresh reminder to prospective bidders for the Web company of the challenges it faces, Douglas Macmillan and Ryan Knutson report. Suitors for the company include Verizon Communications, U.K. publisher Daily Mail and private equity firm TPG Capital.
U.K.-based Bridgepoint Capital and Boston-based Summit Partners teamed up to purchase financial software provider Calypso Technology, our colleagues at U.K. sister publication Private Equity News report. (Subscription required.)
Canadian pension fund Caisse de Depôt et Placement du Québec has named Macky Tall as executive vice president of the system and chief executive of its infrastructure investment unit, and tapped Chief Investment Officer Roland Lescure to oversee its private equity portfolio, trade publication Pensions & Investments reports.
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