SportPursuit has raised funds led by DFJ Esprit, with participation from Silicon Valley Bank, to drive its international growth. is a website for sport's enthusiasts.
3 min read · 10 February 2014
Carl Marks Advisory Group has named Joseph D’Angelo to partner. D’Angelo works with company management as an advisor or interim officer to develop and implement business plans that restore top-line growth and increase enterprise value.
2 min read · 10 February 2014
Kantox has secured Series A funding. Partech Ventures and Idinvest Partners led the funding round alongside existing investor Cabiedes & Partners.
4 min read · 10 February 2014
iDevices has raised $4.25 million in venture capital funding. Several investors led the round including Connecticut Innovations, Stonehenge Capital and angel investors. iDevices is a consumer product development and consulting company.
2 min read · 10 February 2014
Irish entrepreneur Martin Dunphy has sold his 20% stake in Marlin Financial Group to Cabot Credit Management. CCM is majority-owned by Encore Capital Group, a US publicly listed company with the remaining equity being held by J.C. Flowers & Co. The sale was made alongside majority shareholder Duke Street, which also sold its stake in Marlin as part of the same transaction. The deal values the company at approximately 295 million pounds ($480 million).
2 min read · 10 February 2014
ARX Equity Partners and Darby Private Equity together with experienced food industry executive Gerard Lenihan have completed the buyout of Gramex 2000 Kft. Financial details of the transaction were not disclosed.
2 min read · 10 February 2014
Octopus Investments has appointed Debu Purkayastha to its Ventures team as Entrepreneur-in-Residence. Purkayastha joins Octopus following six years at Google, where he held senior roles globally in its M&A, investments and new business development teams.
3 min read · 10 February 2014
Investec has appointed Tim Howson to its corporate lending business. Howson joins the specialist corporate capital team, led by Callum Bell.
2 min read · 10 February 2014
Catch up on the latest after the weekend including Apollo tipping the scale with Fund VIII, a round-up of firms on the fundraising trail and find out whether private equity's reputation has improved over the last five years.
1 min read · 10 February 2014
Citelighter has raised $1.525 million in a seed round of funding. To date, the company has raised a total of $2.5 million. Citelighter is a platform that allows users to save, organize, and automatically cite content found online. Investors in the latest round include the New York Angels, Blu Venture Investors, Harvard Business School, Angels of New York City, the EdTechFund, and the Baltimore Angels.
3 min read · 06 February 2014
