The Gores Group, a global investment firm focused on acquiring controlling interests in mature and growing businesses, is to acquire Therakos from Ortho-Clinical Diagnostics. Terms of the transaction were not disclosed.
3 min read · 17 October 2012
Levine Leichtman Capital Partners, a Los Angeles-based private equity firm, has completed an investment in Timonium, MD-based Senior Helpers. Founded in 2002, the business is a franchisor of private pay, professional in-home care for elderly individuals.
2 min read · 17 October 2012
Pearson has acquired EmbanetCompass, a provider of online learning services for non-profit academic institutions, from an investor group led by private equity and venture capital firm Technology Crossover Ventures and global education company Knowledge Universe, for $650 million in cash. The transaction is subject to Hart-Scott-Rodino review. Morgan Lewis served as legal adviser to Pearson on the transaction.
2 min read · 17 October 2012
Microsoft has reached a definitive agreement to acquire StorSimple, a Cloud-integrated Storage (CiS) solutions provider. The addition of CiS will advance Microsoft's Cloud OS vision.
2 min read · 17 October 2012
San Francisco-based technology-focused investment bank J. Moore Partners has expanded to Asia with the opening of a new office in Seoul, Korea. David Oh has been named managing director and will lead efforts in Asia.
4 min read · 17 October 2012
Vaultive, a provider of cloud data encryption solutions has appointed Steve Coplan as senior director of marketing and strategy. Vaultive has raised more than $10 million from venture capital firms .406 Ventures, New Science Partners, Harmony Partners and Security Growth Partners.
3 min read · 17 October 2012
BioAdvance has added Gregory R. Harriman, M.D., as venture partner, and John F. Hollway as entrepreneur-in-residence. BioAdvance is an early stage investor in life sciences companies.
3 min read · 17 October 2012
Avidbank Corporate Finance, a division of Avidbank, has provided a $5 million line of credit to 4INFO. The proceeds of this loan will be used to provide working capital to facilitate the company’s growth in the mobile advertising market.
2 min read · 17 October 2012
4 min read · 17 October 2012
2 min read · 17 October 2012
