CoAdvantage Corporation, a provider of strategic human resource solutions for small to mid-sized companies, has acquired Colorado-based Discovery Outsourcing and New Jersey-based Compensation Solutions. CoAdvantage is a portfolio company of CIP Capital.
3 min read · 27 February 2014
GIVI Holding SPA and Gianni Versace SPA have signed an agreement with private equity funds managed by Blackstone. Blackstone will inject 150 million euros of fresh capital into the company and will acquire 60 million euros in stock from GIVI Holding SPA.
2 min read · 27 February 2014
Permira is to acquire the regional businesses of Tilney in Birmingham, Edinburgh, Glasgow and Liverpool from Deutsche Bank. This follows the acquisition of Bestinvest in November. Subject to regulatory approval of both acquisitions, Tilney and Bestinvest will be combined to create a standalone UK wealth manager.
3 min read · 27 February 2014
BelHealth Investment Partners has appointed Dennis Drislane, chairman of BelHealth’s operating committee to managing partner. Drislane is one of the original founders of the firm.
2 min read · 27 February 2014
Sperry, Mitchell & Company has made two promotions. Daniel Officer has been promoted to vice president and Melissa Cole has been promoted to senior associate.
1 min read · 27 February 2014
This morning read all about CalSTRS pledging almost a billion to PE, AlpInvest singing the praises of co-investments, VCs views on Bitcoin and who tops the buyouts distributions list for New Jersey.
1 min read · 27 February 2014
The 2005 vintage Warburg Pincus Private Equity IX is top of the distributions list in this week’s scorecard, which takes a look at the New Jersey State Investment Council’s private equity performance figures for the period to 31 October, 2013.
2 min read · 26 February 2014
CyberSense, a provider of cloud-based and on-premises cybersecurity solutions, has received $5 million in Series A funding from BRM Group and Opus Capital. The founders have also announced the appointment of cybersecurity industry veteran Carl Wright as president and general manager, North America.
5 min read · 26 February 2014
HICKIES, a start-up responsible for revolutionizing the footwear space with its elastic lacing system, has raised $4.2 million in funding led by the venture arm of a global footwear brand and the Collaborative Fund. The new financing will be put towards the development, and launch, of new products and the expansion into new international markets.
3 min read · 26 February 2014
Tower Three Partners has made an investment in The Paslin Company, a privately held automotive business headquartered in Warren, Michigan. The Paslin Company, founded by the Pasque family in 1936, designs, assembles and integrates robotic assembly lines for Tier One and OEM, or original equipment manufacturer, automotive companies.
3 min read · 26 February 2014
