Biotechnology company Nimbus Discovery has appointed Daniel Lynch has been appointed to the company’s board of directors as executive chairman. Lynch will succeed Bruce Booth, D. Phil., partner at Atlas Venture and co-founder of Nimbus, who will remain on the board. Nimbus is backed by life science investors including Atlas Venture, SR One, Lilly Ventures and Gates Ventures.
2 min read · 05 November 2012
Carousel Capital portfolio company, Mergent has sold its index business to The NASDAQ OMX Group. Mergent is an established index provider and a supplier of business and financial data on global publicly listed companies.
4 min read · 05 November 2012
Global luxury lifestyle brand Michael Kors Holdings has appointed Judy Gibbons to the company's board of directors. Gibbons has over 25 years experience in software, Internet, digital media, e-commerce and mobile technologies. From 2005 until 2010, Gibbons was employed by Accel Partners in Europe as a venture partner and board member, focusing primarily on early stage equity investments across mobile applications, digital advertising, e-commerce and social media.
3 min read · 05 November 2012
Marketing software firm HubSpot has secured a $35 million mezzanine financing round from investors including Altimeter Capital, Cross Creek Capital, and previous investors. This fundraising marks $100 million in total financing for HubSpot. The proceeds will be used to fund further growth in the company through hiring, international expansion, and acquisitions.
3 min read · 05 November 2012
NICE Systems is to acquire DFJ Esprit-backed Redkite Financial Markets. The business is a provider of real-time, cloud-based institutional trade surveillance solutions.
1 min read · 05 November 2012
Global private markets investment manager Partners Group is in discussions with its founding partners and largest shareholders, Dr. Marcel Erni, Alfred Gantner and Urs Wietlisbach, regarding a proposal by which they will seek to collectively invest CHF300 million ($318.2 million) in programs with direct investment content alongside the firm’s clients. The founding partners’ investments would be funded through a potential placement of a minority portion of their total shareholdings in the company, amounting to approximately 1.6 million shares.
4 min read · 05 November 2012
Investcorp is to acquire Scandinavian luxury retailer Georg Jensen for $140 million from private equity group Axcel Capital Partners. As part of the transaction, Investcorp has teamed up with David Chu, a luxury brand entrepreneur and founder of Nautica, who will join the company on closing as chief creative director and co-chairman of the board.
3 min read · 05 November 2012
This week, Oak Hill Investment Management is recruiting for a private equity associate. The firm manages more than $10 billion across all the major asset classes including private equity, public equities and fixed income, hedge funds and real assets.
1 min read · 01 November 2012
7 Days Group Holdings Limited, an economy hotel chain based in China has retained J.P. Morgan Securities (Asia Pacific) Limited as its financial advisor and Baker & McKenzie as its United States legal counsel in its proposed take private transaction. Sequoia Capital China and affiliates of the Carlyle Group are proposing to back the transaction.
3 min read · 01 November 2012
European private equity firm, Cinven has completed the acquisition of Amdipharm, a family-owned international niche pharmaceuticals business, for a total consideration of 367 million pounds ($593.3 million). This follows Cinven’s acquisition of Mercury Pharma, an international specialty pharmaceuticals company, in August 2012.
3 min read · 01 November 2012
