H.I.G. Europe has backed the management buyout of Kondor, a specialist provider of mobile and consumer electronics accessories into the UK and European retail markets. Terms were not disclosed.
4 min read · 17 March 2014
Eureka Growth Capital Management has reached a final closing of Eureka III at its hard cap of $175 million, exceeding its $150 million target. Fund III is the successor small buyout and growth equity fund to Eureka’s $130 million Eureka II and its fully-realized $85 million Eureka I.
2 min read · 17 March 2014
This Monday morning First Read brings you the latest on life sciences in Europe, Greyrock almost halfway to raising its third mezz fund and Vodafone to buy Spain's Ono for over $10 billion.
1 min read · 17 March 2014
MUBI, a global video on demand platform has secured a $7.5 million Series D funding round. This round of funding comes from a range of investors, including Floreat, MMC Ventures and White Star Capital, alongside existing angel investors.
3 min read · 13 March 2014
Peppertree Capital Management has committed $80 million in equity and debt financing to Blue Sky Towers. Blue Sky will focus on the development and management of wireless infrastructure including cell towers and rooftops throughout the country.
3 min read · 13 March 2014
Audax Group has acquired CURT Manufacturing. Headquartered in Eau Claire, Wisconsin, CURT designs, manufactures, and distributes towing solutions and trailer and cargo management accessories for passenger vehicles and trucks. CURT sells its products through installer, distributor, e-commerce, retail, and auto dealer channels.
2 min read · 13 March 2014
Bridge Growth Partners has appointed Phil Scanlan to the strategic advisory board of Bridge Growth Partners. Scanlan is a former member of the business council of Australia and founder of the Australian American Leadership Dialogue.
5 min read · 13 March 2014
Acorns has closed a $5.5 million Series B led by Jacobs Asset Management, a $750 million financials only fund, based out of New York. Acorns is a micro investing company, allowing people to round up purchases and automatically invest the change.
4 min read · 13 March 2014
Permira has sold Renaissance Learning, a K12 assessment and learning analytics company, to Hellman & Friedman for $1.1 billion. Google Capital is expected to remain as an investor in Renaissance Learning.
4 min read · 13 March 2014
Hycroft, an investment bank focused exclusively on the alternative investments market, has appointed Kim M. Pedersen as managing director. Pedersen brings to Hycroft over 17 years of private markets expertise.
3 min read · 13 March 2014
