PTS is to acquire AVC Venture Capital Group. PTS is a company which recently divested its former operations and is seeking to invest in energy related projects including waste to energy, geothermal collection fields, natural gas and petroleum production. The administrative office is in Los Angeles, CA.
2 min read · 11 March 2014
H.I.G. Capital portfolio company Holland Services has completed the acquisition and merger of certain assets from AED Group. Based in Denver, Colorado with field offices across the country in key energy basins, AED Group has experience researching, acquiring and servicing quality acreage for multi-national and domestic energy firms.
3 min read · 11 March 2014
Forum Partners has appointed George Ahl as managing director, capital markets based in Forum’s Greenwich office. Before joining Forum Partners, George Ahl was one of the founding principals of M3 Capital Partners, a global real estate investment and advisory firm.
2 min read · 11 March 2014
Fifth Street Management's venture lending group Fifth Street Technology Partners has closed three new technology investments totaling $55 million. Fifth Street Finance Corp funded the transactions and received equity warrants for each, increasing the size of Fifth Street's venture lending portfolio to $79 million.
3 min read · 11 March 2014
Standard Chartered’s Private Equity Africa division has made its first investment in Africa’s developing power sector. SCPE has invested $57 million into Zambian Energy Corporation, the controlling shareholder of Copperbelt Energy Corporation Plc.
3 min read · 11 March 2014
Arsenal Capital Partners has acquired Danlin Industries from Hastings Equity Partners. Headquartered in Thomas, Oklahoma, Danlin provides production chemicals, capillary services and completion chemical solutions to oil & gas exploration and production companies across Oklahoma, Texas, Wyoming, Arkansas, Louisiana, Colorado, New Mexico, Kansas and Utah.
3 min read · 11 March 2014
This Tuesday morning read all about cross‐border investments and venture capital exits in Europe, CalSTRS' investment officer hiring spree, Energy & Minerals Group' fundraising status for Fund III and why traditional PE fundraising methods are not working for some managers.
1 min read · 11 March 2014
Producer Robert Simonds, TPG Growth, Hony Capital and producer Gigi Pritzker have launched a next generation film studio and closed multiple financing and distribution transactions. Incubated by TPG Growth and Simonds, the studio’s strategy is to finance, produce and self-distribute 8 to 10 star-driven theatrical films for the global markets per year.
8 min read · 10 March 2014
Lighter Capital has provided a combined total of $1 million in growth funding to three Carolina-based tech businesses, including CloudBilt, Resident Research, and SalesReach Software. Lighter Capital provides $50,000 to - $1 million in revenue-based financing, an alternative form of financing that fills the funding void left by angels, venture capitalists and banks.
4 min read · 10 March 2014
Imperial Capital Group has closed its fifth fund at $295 million, exceeding the original target of $250 million. Imperial Capital Acquisition Fund V attracted an investor base of more than 200 Canadian and international high net worth investors who have invested alongside several institutional investors.
2 min read · 10 March 2014
