Grey Mountain Partners, a Boulder, Colo.-based, has acquired Ajubeo LLC, a Boulder, Colo.-based provider of cloud infrastructure-as-a-service solutions. No financial terms were disclosed. www.ajubeo.com
AssuredPartners, a Lake Mary, Fla.-based insurance company acquisition platform, has acquired the assets of Insurance Systems Inc. and Insurance Systems of West Virginia Inc. – affiliated full-service insurance agencies serving the West Virginia, Ohio and Kentucky markets. No financial terms were disclosed. AssuredPartners is a portfolio company of GTCR. www.assuredptr.com
Distribution International, a portfolio company of Audax Group, has agreed to merger with Thorpe Products, a portfolio company of The CapStreet Group. The combined company will operate under the DI brand, with executives from both companies in top roles. Both DI and Thrope are Houston, Texas-based distributors of insulation, related specialty fabricated products and safety supplies. No financial terms of the merger were disclosed. www.distributionintl.com
Code Advisors, a San Francisco-based boutique investment bank focused on the tech and media markets, has secured a $25 million minority equity investment from JPMorgan Chase (NYSE: JPM). www.codeadvisors.com
LifeStreet Media, a San Carlos, Calif.-based developer of in-app advertising optimization solutions for Facebook, Apple and Android developers, has raised $66 million in equity funding from Nautic Partners. www.lifestreetmedia.com
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