BCI Broadband is to acquire Allegiance Communications. Allegiance is an operator of non-urban Broadband systems across the midwestern states of Arkansas, Kansas, Texas and Oklahoma, where the company is based. The announcement also marks the origination of a partnership between BCI's management and BBH Capital Partners, a private equity fund sponsored by Brown Brothers Harriman & Co.
4 min read · 17 January 2013
Mok Oh has joined the North Bridge team. The Boston-bred entrepreneur has joined the firm as an EIR.
3 min read · 17 January 2013
Specialized healthcare lender MC Healthcare Finance has hired Kim Gordon has as senior vice president – director of credit. Gordon is located in MC Healthcare’s Chicago office.
2 min read · 17 January 2013
Private equity-focused investment bank Cogent Partners has opened an office in San Francisco to expand relationships with clients in the Western United States and Canada. Andy Nick, a director, has relocated from Dallas to San Francisco to lead this effort.
2 min read · 17 January 2013
Highland Consumer Fund has hired Peter Cornetta as a managing general partner. He will focus on investing in growth-oriented companies with proven business models and working with existing portfolio companies.
2 min read · 17 January 2013
This morning, find out the latest on Silver Lake and Dell, whether biopharma is being innovative enough and what the deal is with Harper's venture capital fund.
1 min read · 17 January 2013
YuMe, a provider of digital brand advertising software and services, has acquired Crowd Science, an audience targeting technology company. YuMe is backed by Accel Partners, BV Capital, DAG Ventures, Intel Capital, Khosla Ventures, Menlo Ventures, Samsung Ventures, Translink Capital and WestSummit Capital.
3 min read · 16 January 2013
Harmonic Energy, a company focused on tyre manufacturing and recycling has successfully negotiated and signed a non-binding term sheet for $10 million in funding. The term sheet is with a well-known, private investment group that deploys equity capital into publicly traded companies throughout North America, Europe and Asia Pacific.
4 min read · 16 January 2013
Enhanced Capital Partners through its SBIC fund, Enhanced Small Business Investment Company has recently purchased a $9.0 million senior subordinated note issued by Masthead Industries. Masthead is engaged in the wholesale distribution of industrial and hydraulic hoses and fittings, hose assembly systems, and mobile repair service carrying over 46,000 SKUs.
3 min read · 16 January 2013
The Pritzker Group has acquired Omaha-based Intersystems, a designer and manufacturer of specialized material handling equipment serving the global agriculture industry. The company was purchased from private investors for an undisclosed price.
2 min read · 16 January 2013
