1 min read · 29 January 2014
Poalim Capital Markets, the investment banking arm of Bank HaPoalim, has backed startup ThetaRay, which specializes in protecting critical infrastructure. ThetaRay was founded by two renowned mathematicians, Prof. Amir Averbuch of Tel Aviv University, and Prof. Ronald Coifman of Yale, and its beginnings can be traced to the JVP Cyber Labs incubator. ThetaRay has also received investments from JVP and GE.
5 min read · 29 January 2014
CapMan is acquiring acquire a majority holding in Kämp Group. The group includes Hotel Kämp, a Finnish hotel chain located in the Helsinki city centre and the modern lifestyle hotel chain GLO Hotels.
3 min read · 29 January 2014
H.I.G. WhiteHorse, a provider of debt capital to European mid-market companies, has arranged and provided a unitranche debt financing for Steelite International Holdings Limited. Headquartered in Stoke-on-Trent, UK, Steelite was formed following the acquisition of the Hotelware division of Royal Doulton in 1983. The company is a provider of tableware for the international hospitality industry.
3 min read · 29 January 2014
Swiss mobile app discovery business 42matters AG has secured a 7-digit Series A round of funding. Berlin-based company builder Project A Ventures joined existing Austrian investor Gamma Capital in the financing.
2 min read · 29 January 2014
This midweek morning First Read brings you news that CalPERS is scouting for a senior portfolio manager for co-investments, Europe is bracing itself for more cable sector deals and some valuable lessons to be learned for start-ups from the death of free cloud services.
1 min read · 29 January 2014
GTCR has closed its eleventh buyout fund, GTCR Fund XI, with $3.85 billion of equity capital commitments. The fund had a target of $3.25 billion.
2 min read · 28 January 2014
Codero Hosting has received $8 million in financing from Silicon Valley Bank and Farnam Street Financial. The business is a provider of dedicated, managed, cloud and hybrid hosting services.
3 min read · 28 January 2014
J. Rich Alexander has joined Advent International as an operating partner. He will work with Advent’s chemicals team to identify and evaluate new investment opportunities in the chemicals and materials sector and create value in existing portfolio companies.
4 min read · 28 January 2014
Monroe Credit Advisors has placed a $16.0 million senior secured credit facility for its client, AllOver Media. The company is a national of out-of-home advertising solutions headquartered in Minneapolis, Minnesota. Proceeds of the facility refinanced the existing debt of the company.
3 min read · 28 January 2014
