Private Equity
Unbabel has raised $1.5 million in funding from venture capital firms and angel investors, including Jared Fliesler of Matrix Partners, Kevin Rose of Google Ventures and others. Unbabel is a Y Combinator company that offers translation services.
2 min read · 21 July 2014
Formation Capital and Safanad Limited have acquired fourteen nursing facilities in the mid-Atlantic region for approximately $150 million. The portfolio is comprised of 1,658 beds with eleven facilities in Virginia, two in Maryland and one in Pennsylvania, and is operated by Consulate Health Care, a provider of skilled nursing care.
2 min read · 21 July 2014
Summit Partners has backed Independent Vetcare Holdings. Run by and for vets, IVC was formed in 2011 and is a UK-based private veterinary group.
3 min read · 21 July 2014
Biotech start-up company NEUWAY Pharma has appointed Dr. Wolfgang Baiker as a new Member of its advisory board. NEUWAY Pharma GmbH was founded in April 2014 as the first spin-off from Life Science Inkubator, Bonn, and secured series A financing from a syndicate led by Wellington Partners.
3 min read · 21 July 2014
Silverfleet Capital is to acquire AGR Holdings, the petroleum services division of Oslo-listed AGR Group ASA. Completion will be around end of August.
4 min read · 21 July 2014
Swoon Editions, an online furniture business has secured Series A funding to expand its business in the UK. Octopus Investments led the round with additional investment from Index Ventures.
4 min read · 21 July 2014
Armstrong’s South East Asia Clean Energy Fund is funding the construction of a portfolio of mini-hydro power generation projects in Indonesia. Armstrong has committed $22.5 million to the mini-hydro plants.
3 min read · 21 July 2014
Catch up on the latest after the weekend including Michigan Regents latest commitments, which fund managers are performing for Nevada, how the compensation structure of PE funds works and a look at the five phases of a GP's life cycle.
1 min read · 21 July 2014
GTCR, CVC Capital Partners and Onex Partners are the fund managers at the top of the IRR chart for the Public Employees’ Retirement System of Nevada for the period to Dec. 31, 2013.
2 min read · 17 July 2014
Funding Circle has raised $65 million in a Series D funding round led by Index Ventures with participation from existing investors. The business is an online marketplace for business lending.
1 min read · 17 July 2014
