Community-powered safe surfing tool Web of Trust has raised 1 million euros ($1.3 million) led by Inventure, a cross-border venture capital group based in Finland and China. Other investors include private investor Risto Siilasmaa and Finnish Industry Investment, which has been a shareholder of WOT since 2007.
3 min read · 27 November 2012
Payment solution provider Network International has acquired a majority stake in TimesofMoney, an Indian online remittance and digital payments service provider. London-based specialist advisory firm FT Advisors Limited, part of the Anthemis Group, advised Network International which is backed by private equity firm Abraaj Capital.
4 min read · 27 November 2012
This morning find out about Secura's new real estate venture capital fund; the pros and cons of enterprise investing and whether the Holy Land has what it takes to build a life sciences cluster.
1 min read · 27 November 2012
Fiat Industrial and CNH Global have entered into a definitive merger agreement to combine the businesses. The terms of the definitive merger agreement are consistent with Fiat Industrial's final offer announced November 19. The NewCo shares will be listed on the New York Stock Exchange.
6 min read · 26 November 2012
SparkLabs, a new startup accelerator in Korea, has appointed two new general partners - Jay McCarthy and Awy Julianto. Both come from Pacific Advisers, a Singapore-based M&A and financial advisory boutique.
2 min read · 26 November 2012
L'Oréal is to acquire Urban Decay from Castanea Partners. Based in Newport Beach California, Urban Decay was created in 1996 by make-up expert Wende Zomnir.
4 min read · 26 November 2012
Dallas-based private equity firm Highlander Partners has acquired Polish transfer agent services provider, ProService Agent Transferowy. Enterprise Investors' portfolio company Skarbiec has sold the business.
6 min read · 26 November 2012
Europe-based managed service provider Claranet has acquired Star, a UK provider of managed technology services. The deal is valued at 55 million pounds ($88 million). The Royal Bank of Scotland, Ares Capital Europe and a minority investment by Abry Partners financed the acquisition.
5 min read · 26 November 2012
Central European private equity fund Innova Capital and the European Bank for Reconstruction and Development are investing in EnergoBit Group, an electrical engineering services company in Romania. Innova Capital will become a controlling shareholder in the company.
3 min read · 26 November 2012
As those of you recover from your Thanksgiving weekend hangover First Read brings you some of the must-read leftovers from the the past few days including the secret behind VC funding; the latest Asian deals roundup and what's happening with venture in Vancouver.
1 min read · 26 November 2012
