Takeda is to acquire Inviragen for an upfront payment of US$35 million, and future payments of up to US$215 million linked to the progress of clinical development and achievement of key commercial milestones. Headquartered in Fort Collins, CO, with facilities in Madison, WI and Singapore, Inviragen is a privately-held biopharmaceutical company specializing in research and development of innovative vaccines for emerging infectious diseases, including dengue and hand, foot and mouth disease.
9 min read · 08 May 2013
Granite Partners has made a major investment in SIM Digital. The investment has enabled SIM to acquire PS Production Services. SIM is a rental facility specializing in digital production equipment and workflow services for the television and film industries and has offices across the USA, Canada and China.
2 min read · 08 May 2013
OMERS Private Equity, the private equity investment arm of the Ontario Municipal Employees Retirement System, has completed its purchase of Civica Group PLC from British buyout firm 3i Group for an enterprise value of 390 million pounds (or around US$604 million). Civica is a London, U.K.-based provider of specialised software systems, cloud-based IT services and technical outsourcing to public sector organisations worldwide. 3i took the company private in 2008.
4 min read · 08 May 2013
This morning find out about Apollo investors and founders selling shares; Google maps' facelift; how to get airtime with a VC and the top jobs in the digital media space.
1 min read · 08 May 2013
This week there are varied job openings from big boys Carlyle and Goldman Sachs and also a couple of venture-related positions.
2 min read · 07 May 2013
This morning read all about Google fighting for iPhone; Hertz PE investors selling their remaining shares and BMC Software's mega deal.
1 min read · 07 May 2013
German Equity Partners IV, a fund managed by the independent German private equity firm ECM Equity Capital Management GmbH has acquired the MediFox Group. Headquartered in Hildesheim, the business is comprised of three subsidiaries: MediFox, a provider of specialised software solutions for ambulatory nursing care service providers and nursing care homes in Germany; BFS Abrechnungs GmbH an invoicing and factoring service provider in the German nursing care market and CareNavigator GmbH, a specialised web portal which facilitates the exchange of health data among care providers, physicians, patients and relatives.
5 min read · 07 May 2013
Nordic lower mid-market investor Segulah has made some internal changes. After 10 years as managing partner, Christian Sievert will now focus on deal generation, deal making and working with existing portfolio companies. Gabriel Urwitz will take over as managing partner and Lennart Ribohn will become chairman of Segulah Advisor AB.
3 min read · 07 May 2013
A Starwood Capital Group and Starwood Retail Partners' affiliate has purchased Blue Back Square, a Class A mixed-use development in West Hartford, Connecticut. The project was acquired from a partnership of Atlanta-based Ronus Properties, LLC, Street-Works, LLC of White Plains, NY and JDA Development of West Hartford, which completed the center in 2008. Terms of the transaction were not disclosed.
3 min read · 07 May 2013
Cadwalader, Wickersham & Taft LLP, a counselor to global financial institutions and corporations, has appointed Gregory M. Petrick, head of the firm's European and Asian restructuring practice and currently managing partner of the London office, and Mark C. Ellenberg, a partner in the restructuring Practice, as co-chairs of Cadwalader's financial restructuring department. The firm also announced that Holly Neavill and Louisa Watt have joined the financial restructuring team as partners in the London office.
4 min read · 07 May 2013
