Aparc Systems Ltd., a Vancouver-based provider of parking management and systems integration solutions, has raised an undisclosed amount of growth equity funding from Kayne Partners.www.arparcsystems.com
Kohlberg Kravis Roberts & Co. and RED Legacy have jointly acquired Legends Outlets Kansas City, a Kansas City-based shopping development with nearly 100 designer and brand name stores, restaurants and entertainment venues. The purchase was done via a receivership auction. www.kkr.com
Falfurrias Capital Partners has formed North American T&D Group, an acquisition platform focused on domestic companies that support mission-critical elements of the electric utility grid. No financial terms were disclosed. Its first investment is in Instrument Transformer Equipment Corp., a Charlotte-based OEM of instrument transformer products. The new platform will be led by Dave Pacyna, former CEO of Siemens’ North American Transmission & Distribution division. www.falfurriascapital.com
LaunchEquity Partners has agreed to acquire MakeMusic Inc. (Nasdaq: MMUS), an Eden Prairie, Minn.-based maker of music learning software. The deal is valued at $23.8 million, or $4.85 per share.www.makemusic.com
Southport Lane has completed its previously-announced acquisition of Dallas National Insurance Co., a property and casualty insurer in Texas. No financial terms were disclosed. www.southportlane.com
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