The founding Pang Family of Mamee-Double Decker Berhad has entered into a partnership with The Headland Private Equity Fund 6 LP, a regional Asian private equity fund advised by Headland Capital Partners Limited. Mamee is a domestic food and beverage manufacturer in Malaysia.
3 min read · 06 February 2013
Teakwood Capital has realised its minority investment in Global Acceptance Credit Company, a provider in the non-performing and distressed consumer receivables market. At the time of exit, the company owned and managed over a billion dollars in assets.
2 min read · 06 February 2013
Lightspeed Venture Partners has appointed Tim Danford as a venture partner. He will focus on incubating companies in the enterprise technology and mobile sectors from Lightspeed's Menlo Park office.
3 min read · 06 February 2013
Social TV analytics business Bluefin Labs has joined Twitter. Last year, Bluefin Labs raised $12 million in a Series B round led by Time Warner Investments with participation from SoftBank Capital, Redpoint Ventures and Lerer Ventures.
2 min read · 06 February 2013
This morning check out eight examples of companies ruined by their founders, what the future holds for 4G, Zynga's plans to make more and spend less and how much Think Big has secured from angel investors.
1 min read · 06 February 2013
Veronis Suhler Stevenson, through its VSS Structured Capital II, has made a minority investment in Cast & Crew Entertainment Services in conjunction with the previously announced acquisition of the company by ZM Capital, ZelnickMedia’s private equity fund. Terms of the transaction were not disclosed.
3 min read · 05 February 2013
Osage Venture Partners has closed Osage Venture Partners III, exceeding its target fund size by 10 percent to reach $66 million. Osage Venture Partners III will continue with the same strategy for Osage Venture Partners II, investing exclusively in early stage enterprise software companies in the mid-Atlantic region.
3 min read · 05 February 2013
Spectrum Gaming Group has launched a comprehensive advisory and financial services firm in partnership with investment banker Robert Heller. Spectrum Gaming Capital will provide senior level support globally to gaming industry developers, operators and investors as well as comprehensive mid-market investment banking services.
3 min read · 05 February 2013
Abacus Finance Group acted as administrative agent and sole lead arranger for $23 million in senior secured credit facilities to support the acquisition of FocusVision Worldwide by Thompson Street Capital Partners in partnership with FocusVision management. Headquartered in Stamford, CT, FocusVision is a provider of online video transmission, analysis and archive solutions for the qualitative market research industry.
3 min read · 05 February 2013
Acme Packet is to be acquired by Oracle for $29.25 per share in cash representing a fully diluted equity value of $2.1 billion. Net of cash this represents an enterprise value of $1.7 billion.
5 min read · 05 February 2013
