Summit Partners has appointed Mark Crews as an executive partner. He will partner with Summit to build technology-enabled oilfield products and services businesses of scale.
3 min read · 20 January 2014
Balderton Capital has appointed Suranga Chandratillake as a general partner. Chandratillake founded Internet media company blinkx.
3 min read · 20 January 2014
Resource Guru, a cloud-based team scheduling company, has closed $870,000 in funding to fuel the company’s growth. Index Ventures led the investment, with participation from both existing and new investors including Rob Keve. With this investment, Resource Guru has now raised a total of $1.14 million.
3 min read · 20 January 2014
Happy Martin Luther King day! For those of you logging in this morning First Read brings you the latest Asian private equity news, a departure from Court Square for Kelso and Index leading a seed round in a resource guru.
1 min read · 20 January 2014
Apollo is to acquire CEC for approximately $1.3 billion, including the assumption of the company’s outstanding debt. CEC is a family dining and entertainmentcain which operates 577 Chuck E. Cheese’s stores.
7 min read · 16 January 2014
Monroe Capital has provided a unitranche credit facility and equity co-investment to support the acquisition of Summit Container Corporation by 127 Summit Holdings LLC. Headquartered in Monument, Colorado, Summit is a niche-oriented, full service corrugated manufacturing company that designs, manufactures, and sells highly engineered protective packaging to various customers.
2 min read · 16 January 2014
Access Capital Partners has closed Access Capital Fund VI Growth Buy-out Europe (ACF VI). ACF VI aims at creating a portfolio of around 15 primary commitments and opportunistic secondary investments in European smaller buyout funds.
2 min read · 16 January 2014
Cloud computing future enabler Cloutex has secured a seed round of funding. The Estonian tech startup closed its first seed round with $600,000 in investment.
2 min read · 16 January 2014
Technology investor Amadeus Capital Partners has reached a first close of the Amadeus IV Early Stage Funds. The programme of funds will invest in UK companies developing disruptive technologies in high-growth sectors, including ‘big data’ analytics, cloud computing and cyber security, low-power computing and the ‘internet of things’, medical technology and digital healthcare.
4 min read · 16 January 2014
This morning Apollo is all set to buy Chuck E Cheese for $1 billion, Washington's top buyout managers coming back to market are revealed and it looks like debt availability is driving the mid-market forward in 2014.
1 min read · 16 January 2014
