TVM Capital MENA is to be re-named as TVM Capital Healthcare Partners. The name change will reflect the company's focus on healthcare and the expansion of its investment geography beyond the MENA region.
4 min read · 10 March 2014
Swander Pace Capital is selling Ancaster, Ontario-based portfolio company Pineridge Bakery. A Canadian provider of specialty fresh and frozen private label and branded baked goods, Pineridge Bakery is being sold to Switzerland-based global food business ARYZTA AG for $340 million.
3 min read · 10 March 2014
iRxReminder has received a $250,000 commitment in seed funding from an undisclosed Washington, DC-based angel investment group for the further development and promotion of the company’s technology and healthcare patient management system. The company has raised $458,000 to date.
3 min read · 10 March 2014
Catch up on the latest headline news after the weekend including more women becoming founding partners, an analysis of PE benchmarks against public markets, T Boone Pickens closing its second energy fund and what impact regulatory changes are having on the industry.
1 min read · 10 March 2014
Follett Corporation has backed ShowEvidence, a Santa Clara, California-based education software company that provides innovative solutions for assessing student and teacher performance. The investment is the first from the Follett Knowledge Fund, a $50 million venture fund focused on disruptive technologies in the education/technology space.
3 min read · 06 March 2014
Falfurrias Capital Partners has acquired Norcross, Georgia-based Efacec ACS, Inc from the Efacec Group for undisclosed terms. The company name will change to Advanced Control Systems and it will operate as an independent portfolio company of the North American T&D Group.
3 min read · 06 March 2014
UK-based private equity direct-secondary firm Azini Capital has raised a new $100 million fund. The new fund, Azini 3, will acquire shareholdings in growth and development stage technology companies or portfolios, providing historical investors and shareholders with an option for early liquidity.
3 min read · 06 March 2014
TreSensa, a mobile game distribution company, has secured $2 million in Series A financing, led by Caribou Asset Management with participation from angel investors, including Tremor Video co-founders Jason Glickman and Andrew Reis, American Media CEO David Pecker, and AdMeld founder Ben Barokas. TreSensa raised $1.5 million in seed funding in 2012 and early 2013, bringing its funding to date to just over $3.5 million.
3 min read · 06 March 2014
Lloyds Bank Commercial Banking has appointed Robina Barker Bennett as head of its North America financial institutions team based in New York. She will transfer from the bank’s London headquarters and will continue to be Lloyds Bank’s global funds director, a role she has held since 2010. She will report to Mark Grant, CEO commercial banking, North America in the US and Edward Thurman, managing director, FI in the UK.
3 min read · 06 March 2014
Crow Holdings Capital Partners has acquired Brown Palace in Denver, Colorado. The acquisition includes the Brown Palace Hotel & Spa, as well as the Comfort Inn Downtown Denver, comprised of a total of 472 guest rooms, 22,100 square feet of meeting space, and five food & beverage venues.
3 min read · 06 March 2014
