Take time out this morning to catch up on the latest headlines including Castanea's Fund IV plans, Guy Hands' team salary boost and why you should be placing your private equity bets on real estate.
1 min read · 09 January 2014
ThisCLICKS, a mobile technology company that specializes in modern cloud labor management software, has received $4 million in a first round of Series A funding. Investors include E.ventures, Greycroft and Arthur Ventures.
2 min read · 08 January 2014
New Venture Partners has announced the acquisition of Alverix by BD. The business designs, develops and manufactures handheld diagnostic test instruments for companies to be paired with rapid medical diagnostic tests for point-of-care applications in the ER, doctor’s office, retail clinic and other near patient sites.
2 min read · 08 January 2014
Prospect Partners and Schilling Ventures have announced the recapitalization of Cyclonaire Corporation, a provider of pneumatic conveying systems, in partnership with management. Cyclonaire is the seventh platform company in Prospect Partners’ $200 million third fund and the third investment for Schilling Ventures.
3 min read · 08 January 2014
Monroe Capital has closed Monroe Capital Senior Secured Direct Loan Fund LP, a $500 million leveraged loan fund that will invest in senior debt transactions originated and underwritten by Monroe Capital LLC. The fund closed above its $400 million target.
2 min read · 08 January 2014
Freeman Spogli & Co has made a minority investment in Arhaus, a lifestyle retailer of home furnishings. Financial terms of the transaction were not disclosed.
2 min read · 08 January 2014
Ethical Electric has received a $11 Million in Series A funding. A syndicate of investors led by entrepreneur and impact investor Matthew Palevsky led the funding round.
2 min read · 08 January 2014
Vance Street Capital has acquired Tactical Micro from Relativity Capital, an Arlington, Virginia-based private equity firm. Terms of the transaction were not disclosed.
3 min read · 08 January 2014
Investment firm Gilde Healthcare has acquired a majority share in Viroclinics Biosciences. The company is a virology contract research organization, from Erasmus University Medical Center.
1 min read · 08 January 2014
Baird Capital has invested in Watkins Hire, a provider of industrial and commercial heating and cooling equipment rental services. Watkins will use the funding to expand its rental fleet to support business growth and to invest in its engineering, operational and service infrastructure.
2 min read · 08 January 2014
