invino, a private sale site for wine, has secured Series A funding. To date, invino has raised over $3 million in venture capital. Investors include DN Capital (also on the board), Founders Fund, Launch Capital, Correlation Ventures, Veddis Ventures, Super Angels, Fabrice Grinda, and Jose Marin.
2 min read · 25 June 2013
Partners Group has acquired a majority stake in CSS Corp in a $270 million transaction. CSS Corp is a global technology support services business and provides a range of services, including mobility solutions, cloud enablement, technical support and remote infrastructure management.
3 min read · 25 June 2013
This Tuesday morning First Read brings you links to the benefits of crowd- and seed funding; how a Chinese credit crunch may create opportunities for PE and how to tank up on Appfuel.
1 min read · 25 June 2013
A 1996 vintage media and communications fund from Providence Equity Partners is tops among buyout funds backed by the Oregon Investment Council, according to performance data as of year-end. A 2006 vintage financial-services fund managed by J.C. Flowers & Co. brings up the rear.
2 min read · 24 June 2013
UK-based Osprey Capital Limited, the venture capital firm, has announced a 35% percent investment in Mansard Capital. Mansard Capital, founded in 2010, is a specialist investment manager delivering discretionary management services, multi asset solutions and alternative investment funds to private clients and institutions.
2 min read · 24 June 2013
Augme Technologies and its wholly-owned subsidiary, Hipcricket, a mobile marketing and advertising technology business, have appointed Michael Brochu to the company's board of directors as an independent director. Brochu is currently a member of the board of directors for Centro Digital Media, Vines of Mendoza, Zotec Partners and GraphOn Inc. He is also a member of the operating committee of BelHealth Investment Partners, a private equity firm specializing in healthcare, and is on the advisory board of Seattle-based venture capital firm Voyager Capital.
4 min read · 24 June 2013
Baird Capital's China Growth Equity team has backed education executive Peter Winn and his team to build a platform for children’s education, summer programs and after-school activities in China. Terms of the deal were not disclosed.
4 min read · 24 June 2013
Bracewell & Giuliani has added four energy lawyers in its London office - Ben James, Darren Spalding and Martin Stewart-Smith who will join the firm as partners, and Olivia Caddy who will join the firm as senior counsel. These are the latest in the firm's expansion of its global energy practice in London, which so far this year has included partners Julian Nichol, Jason Fox and Alastair Young.
3 min read · 24 June 2013
NVM Private Equity has backed the management buyout of Kirton Group, a UK manufacturer and supplier of specialist seating and other products for the elderly and disabled. The management team plans to build on the business through organic growth and acquisition — consolidating its strong position in the UK market and establishing a greater presence overseas.
4 min read · 24 June 2013
Cerberus Capital Management has completed the sale of North American Bus Industries, a manufacturer of transit buses, to New Flyer, a manufacturer of heavy-duty buses in the U.S. and Canada. The transaction had a total purchase price of $80 million. An affiliate of Cerberus acquired NABI in 2006.
3 min read · 24 June 2013
