Marlin Equity Partners has acquired Critical Path, a San Mateo, CA-based global provider of messaging, email security, corporate directory and other unified communications solutions. No financial terms were disclosed.
1 min read · 04 December 2013
Dunedin has backed the management buyout of Kee Safety, a global supplier of safety solutions and products designed to protect people from hazards. Dunedin’s stake in the business was acquired from LDC.
3 min read · 04 December 2013
Segulah IV has entered into an agreement to acquire Øglænd Industrier AS. Øglænd Industrier develops, manufactures and sells (under the brand name Øglænd System) multidiscipline support solutions, cable trays and cable ladders worldwide to the oil and gas, infrastructure, ship building, wind power, water treatment and clean room industries.
2 min read · 04 December 2013
Trufa has secured a $4.5 million Series A investment led by Accel Partners, which will be used for further product development and expansion into new markets. As part of the investment, enterprise software veterans Paul Wahl and Alex Ott are joining Trufa’s board.
3 min read · 04 December 2013
Palamon Capital Partners has agreed the sale of its majority stake in Cambridge Education Group to Bridgepoint. The sale will generate a return on investment for Palamon of 14.6 times and an IRR of 58 percent.
4 min read · 04 December 2013
Investec Growth & Acquisition Finance has provided an integrated debt facility to support the growth strategy of the London-based garment designers and manufacturers, Carmel Clothing. As part of the financing arrangement, Investec has provided Carmel with revolving and amortising loan facilities, delivering working capital funding and support for future investment.
2 min read · 04 December 2013
Start your mid-week with First Read's news update which includes a big departure from Oregon, news on Bain Capital's Europe IV fund launch and the real reason behind Apple's acquisition of Topsy.
1 min read · 04 December 2013
Grey Mountain Partners has acquired ATS Workholding. Headquartered in Rancho Santa Margarita, California, ATS provides CNC machine tool accessories for use in a variety of end markets including oil and gas, aerospace, and construction.
2 min read · 03 December 2013
Xlumena has closed a $25 million Series C financing. Led by Third Point, the round of funding includes existing investors Prism VentureWorks, Charter Life Sciences, Ascent Biomedical Ventures and Aperture Venture Partners.
2 min read · 03 December 2013
The Carlyle Group portfolio company Dynamic Precision Group, operating under the market-facing name Paradigm Precision has closed its acquisition of eight aerospace component fabrication and machining facilities from Unison Engine Components, a subsidiary of GE Aviation. The sites, which employ 825 people, are located in Manchester, CT; Burnley, Lancashire, UK; and Orillia, Ontario, Canada.
3 min read · 03 December 2013