Private Equity
Anonymous social networking app Anomo has secured a $800,000 convertible debt investment from a group of Seattle-based investors. The group of super angel investors includes Maveron, Orca Bay Capital, Lee Zehrer, founder of Kiss.com and Amit Mital, CTO of Symtantec.
1 min read · 24 July 2014
The African Private Equity and Venture Capital Association has appointed Dr. Dorothy Kelso, as director, head of strategy and research. Kelso, a Ghanaian native, joins AVCA with 15 years of research, strategy and private equity experience gained at organisations including EY, Coller Capital, IE Consulting, the IMF and Incisive Media.
3 min read · 24 July 2014
Growth equity firm Catalyst Investors has named Susan Bihler as vice president. Bihler is responsible for sourcing, evaluating and structuring new investment opportunities and managing the firm’s existing portfolio companies. She joined the firm as an analyst in 2009.
2 min read · 24 July 2014
Huron Capital Partners is backing the refinancing of Bandit Industries. Jerry Morey will continue to run the business as president and CEO. Founded in 1983 and based just outside Mount Pleasant, Michigan, Bandit Industries is a designer and manufacturer of hand-fed and whole tree wood chippers, stump grinders, forestry mowers, Beast recycling machines and other specialty wood and waste processing equipment.
3 min read · 24 July 2014
Monroe Capital has increased the credit facility to OSG Billing Services, an ESOP owned-business, to support the acquisition of SouthData. Based in Mount Airy, North Carolina, SDI is a full-service document management provider specializing in electronic and paper based billing.
2 min read · 24 July 2014
This morning First Read brings you an analysis of firm versus team performance track record, a need to know about due diligence issues, how dividend taxes affect corporate investment and TPG and Carlyle set to raise over $2 bln in Australia Healthscope IPO.
1 min read · 24 July 2014
IPOs are accelerating private equity exit activity in North America, according to EY’s annual North American PE exit study titled Returning to safer ground: How do private equity investors create value? The report is now in its eighth year and examines the results and methods of 893 exits between 2006 and 2013.
4 min read · 23 July 2014
Segal Rogerscasey has promoted Donna A. Rosequist, director, Alpha Investment Research to vice president. Rosequist joined the firm’s Darien office in 1994.
1 min read · 23 July 2014
First Reserve has promoted two investment professionals within the buyout funds team. Jesse Krynak and David McFarland have both been promoted to vice president.
3 min read · 23 July 2014
Social ad platform Glow Digital Media has raised $7 million in Series A funding from Notion Capital and White Star Capital. Existing investors Project A Ventures and Avonmore Developments also participated.
5 min read · 23 July 2014
