EQT Mid Market is to acquire Australia-based I-MED Radiology Network, a diagnostic imaging network. Caisse de dépôt et placement du Québec of Canada and Singapore-headquartered GIC will be investing alongside EQT Mid Market.
3 min read · 24 March 2014
Bayside Capital, a credit affiliate of H.I.G. Capital, has acquired a portfolio of 15 commercial assets, including nine office buildings and six light industrial properties. The properties were purchased by H.I.G. Bauer Property, as the initial acquisition for a joint venture established by Bayside Capital in partnership with specialist asset manager Bauer Group, targeting high yielding commercial multi-let assets in the UK.
3 min read · 24 March 2014
Intelligent Energy Holdings and GIC, Singapore's sovereign wealth fund have invested approximately $63 million in the company.The investment takes the form of a new issue of 15,129,468 Ordinary Shares to GIC, representing 10 per cent of the company’s enlarged issued ordinary share capital immediately following the placing of shares to GIC.
4 min read · 24 March 2014
Catch up on the latest private equity news headlines after the weekend including coverage of management fees, fundraising and Asian private equity and a mega deal for Advent, Bain and ATP from some Nordic banks.
1 min read · 24 March 2014
Cognitive systems company Saffron Technology has closed a $7 million Series B investment round. Founded in 1999, the business is currently headquartered in Cary, North Carolina.
2 min read · 20 March 2014
Argos Soditic has acquired Valco Group France in a management buyout transaction. Founded in 1949 and located in Ruffec (SW France), the company is specialised in the design, manufacture and maintenance of industrial valves for applications in the energy sector (petrol, gas, nuclear), the chemical sector and industry.
3 min read · 20 March 2014
UK-based Calculus Capital has led an investment in Active Operations Management International. The business is a cloud-based back office workforce optimisation software company with 40,000 users globally.
4 min read · 20 March 2014
Choozle has closed a $1.8 million series seed round. Based in Denver, Colorado, Choozle is a digital marketing platform that includes data-driven audience insights, audience targeting, and real-time ad campaign management and optimization.
3 min read · 20 March 2014
Michael A. Wiley has joined Foundation Venture Capital Group, an affiliate of New Jersey Health Foundation, as the senior director of ventures and commercialization. Prior to joining FVCG, Wiley worked at the New Jersey Economic Development Authority as a senior venture officer, a clean energy solutions project leader and an innovation zone manager.
3 min read · 20 March 2014
Box has added Padmasree Warrior, chief technology and strategy officer for Cisco, to its board of directors. Headquartered in Los Altos, CA, Box is backed by Andreessen Horowitz, Bessemer Venture Partners, Draper Fisher Jurvetson, Emergence Capital Partners, General Atlantic, Meritech Capital Partners, NEA, Scale Venture Partners and U.S. Venture Partners as well as by strategic investors salesforce.com, SAP Ventures and Intel Ventures.
4 min read · 20 March 2014
