Clearlake Capital has formed Tolt Solutions, an outsourced retail IT services and solutions provider. Tolt Solutions combines the business operations of Kyrus Solutions and Tolt Service Group, which together have more than 50 years of retail IT experience.
3 min read · 06 January 2014
Amprius, a manufacturer and developer of lithium-ion batteries, has secured $30 million in Series C funding. SAIF Partners led the financing, in which all of Amprius’ previous investors participated.
2 min read · 06 January 2014
The London Pensions Fund Authority, a UK local government pension scheme fund in the UK, has appointed Susan Martin as its new CEO. Martin has been interim CEO since August and was previously deputy CEO.
3 min read · 06 January 2014
Beechbrook Capital has completed two new mezzanine loans through its second fund (Beechbrook Mezzanine II), as well as its first exit from Beechbrook Mezzanine I. The firm is a lower mid-market private debt manager.
2 min read · 06 January 2014
Tactus Technology has closed the first portion of its Series B funding round with new investors from Asia joining existing investors. The new investors include Ryoyo Electric Corporation and other financial investors in Asia. They join Thomvest Ventures and the other corporate investors who have reinvested in the Series B funding round.
2 min read · 06 January 2014
Read up on what's been happening in the world of private equity so far in 2014 including why the European Commission could be a start-up super hero, the best Euro events for start-ups this year and whether venture capital has the potential to beat the market in 2014.
1 min read · 06 January 2014
Spredfast, an independent social relationship platform provider, has raised $32.5 million in growth capital. The round was led by Lead Edge Capital, which has funded software, e-commerce and internet companies including Alibaba Group, Marketo, Bazaarvoice, Drillinginfo, Refinery29, and Monetate.
3 min read · 03 January 2014
For our first jobs update of the new year, there are vacancies for a private equity associate, senior private equity portfolio manager, private equity fund specialist and senior director private equity venture capital at CIM, PIMCO, Red Rocks Capital and SVB.
1 min read · 02 January 2014
There was a notable resurgence in the European private equity exit market in Europe in 2013 which saw the value of exits at its second highest annual total for six years, according to the latest data published by the Centre for Management Buyout Research, sponsored by Equistone Partners Europe Limited and EY. Overall activity in the European buyout market was robust but slightly slower than 2012.
8 min read · 02 January 2014
People Pattern has raised a $4.5 Million Series A funding. Mohr Davidow Ventures, who was a seed investor in People Pattern earlier in 2013, led the investment round with additional participation from private investors. People Pattern has built an advanced analytics marketing platform for audience segmentation, user classification, and audience activation.
4 min read · 02 January 2014