Lubar & Co has acquired Marinette-based ChemDesign, Inc. Founded in 1982, ChemDesign is a provider of custom toll manufacturing services to the global chemical industry.
2 min read · 28 November 2012
Email technology provider PowerInbox has merged with ActivePath, a provider of interactive email technology within the enterprise space. PowerInbox is based in Cambridge, Ma, and ActivePath is based in New York, with offices in Tel Aviv, Israel. The combined entity will have $10 million in funding from Atlas Venture, Longworth Venture Partners, Battery Ventures, Genesis Partners, GIMV NV and Correlation Ventures.
4 min read · 28 November 2012
The Gores Group Small Capitalization Partners fund in partnership with David Matton has completed the acquisition of DMN Ltd. Terms of the transaction were not disclosed. DMN provides communications network infrastructure, engineering services and support to communication providers and contractors in the UK and internationally.
2 min read · 28 November 2012
Equity Residential has teamed up with AvalonBay Communities to acquire a portfolio of US apartment properties owned by Archstone. Equity Residential and AvalonBay are acquiring the portfolio from the Lehman Brothers estate for approximately $16 billion.
2 min read · 28 November 2012
Personal motivational mobile app Lift has closed a Series A round of funding led by Bijan Sabet at Spark Capital. Also, earlier this year the business extended its seed investment from Obvious to include three angels.
1 min read · 28 November 2012
Nexstar Broadcasting Group selling stockholders, funds affiliated with ABRY Partners intend to offer for sale in an underwritten offering 8.0 million shares of Class A common stock of the company. In addition, the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 1.2 million shares of Class A common stock on the same terms and conditions.
4 min read · 28 November 2012
INRIX, an international provider of traffic information and driver services has elected John Connors to its board of directors. Connors is a partner at Ignition Partners and former chief financial officer of Microsoft Corporation.
2 min read · 28 November 2012
Alsbridge, a data-driven benchmarking, outsourcing and transformation services provider has acquired consulting firm Telwares. One Equity Partners, the private investment arm of JP Morgan Chase, has sold the business for an undisclosed sum.
3 min read · 28 November 2012
Arkadin, a global collaboration services provider, has acquired Novasight, a company specializing in video conferencing services. The transaction was backed by AXA Private Equity.
3 min read · 28 November 2012
San Diego based Pulse Electronics has secured a debt and equity investment of approximately $102.7 million with certain affiliates of Oaktree Capital Group. SNR Denton advised Pulse Electronics on the transaction.
2 min read · 28 November 2012