Madrona Venture Group has appointed Erika Shaffer as director of strategic communications. Shaffer has worked in technology for over 20 years and comes to Madrona Venture Group after eight years at the SutherlandGold Group, a tech and consumer communications firm based in San Francisco.
2 min read · 05 December 2012
Energy and power-focused buyout funds dominate this week’s scorecard, which analyzes the top ten performing buyout vehicles within the University of Texas Investment Management Company’s active private equity portfolio as of August 31, 2012.
3 min read · 04 December 2012
Accel-backed ForgeRock has named Mike Ellis as the company's new chief executive officer. ForgeRock is an open source identity management business.
2 min read · 04 December 2012
Urban Airship has acquired Tello, a company that streamlines the creation and management of passes for Apple® Passbook®. Urban Airship is venture backed by Founder's Co-op, Foundry Group, Intel Capital, salesforce.com, TrueVentures and Verizon.
3 min read · 04 December 2012
Comvest Partners has appointed Tom Clark as a managing director focused on Comvest’s control equity strategy. Prior to joining Comvest, Clark was a principal on the retail & consumer team at Apax Partners.
2 min read · 04 December 2012
Darby Private Equity, the private equity arm of Franklin Templeton Investments, has completed an investment in Tabacarcen S.A. Tababela Cargo Center, the logistics and cargo operator at the new Mariscal Sucre airport in Quito, Ecuador. Transaction details were not disclosed.
2 min read · 04 December 2012
Exelon has completed the sale of its three Maryland coal-fired power plants to Raven Power Holdings. Raven Power is a new portfolio company of Riverstone Holdings.
2 min read · 04 December 2012
Gladstone Commercial Corporation has purchased a 146,483 square foot office building located in Columbia, South Carolina. The building is currently leased to Verizon Wireless.
1 min read · 04 December 2012
Chicago-based Prospect Partners has announced the management-led recapitalization of Irrigation Components International. The Daphne, Ala.-based provider of agricultural irrigation equipment components becomes the fourth platform company of Prospect Partners’ third fund.
3 min read · 04 December 2012
Welsh, Carson, Anderson & Stowe has committed $300 million of equity capital to Galeos Group. The business will be a new entrant into the federal government services and solutions space.
4 min read · 04 December 2012