Roamware, a mobile operator service solutions provider, has acquired IPcom S.A., a provider of mobile value added services solutions from Uruguay. Roamware's headquarters are located in Cupertino, California with operations worldwide.
2 min read · 16 October 2012
Operations-focused private equity firm Industrial Opportunity Partners of Evanston, Ill. has completed the sale of portfolio company Gulf Coast Machine & Supply Company to Altus Capital Partners. The exit represents IOP’s third investment realization from its initial $185 million committed fund.
3 min read · 16 October 2012
Pan Am Education has completed a deal with a Pivotal Group affiliate of Phoenix, Arizona. As part of the transaction, private equity and real estate investment firm Pivotal Group will own a majority interest while Pan Am founding management will maintain a stake in the company and continue day-to-day operations. Transaction funds will be used for growth and international expansion.
2 min read · 16 October 2012
This morning peHUB brings you the latest on US venture financings, a link to Europe's top tech hubs and reveals just how much the new Yahoo COO has been enticed away from Google for.
1 min read · 16 October 2012
European private equity firm PAI Partners has reached an agreement to purchase a 78.39% stake in Marcolin, an Italian eyewear manufacturer. The purchase will be carried out by Cristallo, a company indirectly controlled by certain investment funds managed by PAI Partners.
5 min read · 15 October 2012
CVC Capital Partners has appointed James Schiro as a senior advisor to the firm. Schiro will become a member of CVC’s US and global financial institutions advisory boards to support CVC’s investment activities in the US and in the financial services sector globally.
3 min read · 15 October 2012
Huron Capital has expanded its platform company LeadingResponse with the recent acquisition of IM Solutions. Based in Dallas, TX, IM Solutions is a provider of online lead generation services to legal professionals.
2 min read · 15 October 2012
Palio UK Mid-Market Debt Fund Limited is to to pursue an initial public offering on the Specialist Fund Market of the London Stock Exchange and a dual-listing on the Official List of the Channel Islands Stock Exchange. The proposed placing and offer has a target fund raise in excess of 150 million pounds ($241 million). The company will be advised by Palio Capital Partners.
10 min read · 15 October 2012
European private equity firm Cinven has acquired the Amdipharm Group, a family-owned international niche pharmaceuticals business, for a total consideration of 367 million pounds ($589.5 million). Amdipharm will initially operate as a standalone business but Cinven will be looking to merge Amdipharm with its existing portfolio company, Mercury Pharma, which it acquired in September 2012.
2 min read · 15 October 2012
Catch up on the latest news after the weekend with this morning's First Read which reveals Softbank's mega $20.1 billion deal for Scoop; the latest on Asian private equity and which VCs are getting a lifeline from their biotech investments.
1 min read · 15 October 2012
