Graphite Capital, Activa Capital, ECM and MCH have launched the Private Equity Network. The network brings together the local expertise of European mid-market firms with the primary aim of building international portfolio companies.
3 min read · 08 October 2012
HgCapital has made a majority investment in Valueworks, a UK-based online marketplace provider. The transaction marks the first investment of the HgCapital Mercury fund, a fund raised in the last year specifically to target lower mid-market buyouts in selected TMT sub-sectors.
2 min read · 08 October 2012
3i-backed SLR Management, an environmental consultancy, has acquired GSS Environmental. GSS is an Australian provider of environmental consulting and project management services to clients in the mining, minerals, land development and natural resource sectors.
3 min read · 08 October 2012
Morses Club, a Worcester, UK-based home collection credit business backed by RCapital has acquired the book debt assets of NFL Direct Limited for an undisclosed sum. Morses has been part of the RCapital portfolio since 2009.
1 min read · 08 October 2012
Catch up with what's been going over the weekend with this morning's First Read which brings you tips on how to get your consumer genetics start-up funded, news on Blackstone's recent Indian tractor deal and what entrepreneurs think of venture firms in New England.
1 min read · 08 October 2012
This week global Internet investor e.ventures has a vacancy we thought it was worth showcasing. The position is for a senior controller who will be at the hub of the firm’s domestic and international investment fund administration.
4 min read · 05 October 2012
Top buyout performers for the $84 billion Washington State Investment Board private equity portfolio span vintages as recent as the 2002 Fortress Investment Fund II and Charterhouse Capital Partners VII to as old as the KKR 1982 Fund, according to Washington’s Private Equity IRR report as of March 31, 2012.
3 min read · 04 October 2012
Punchbowl.com, a one-stop site that helps mums and savvy professionals plan a party from start to finish, has appointed Joan Nevins to the Punchbowl board of directors. Founded by software and user interface experts Matt Douglas and Sean Conta, the company is located in Framingham, MA and is backed by Contour Venture Partners and Intel Capital.
2 min read · 04 October 2012
Game developer and publisher CrowdStar has promoted Jeffrey Tseng, co-founder and general manager of products, to CEO of the company. Former CEO and co-founder Peter Relan returns to his post of executive chairman on the board of directors. CrowdStar's investors include Time Warner Investments, Intel Capital, YouWeb and The9.
2 min read · 04 October 2012
Arcturus Group and Avenue Capital Management have acquired Anaheim GardenWalk, a retail lifestyle center located near the main entrance to Disneyland Resort and the Anaheim Convention Center. The terms of the GardenWalk acquisition, in which Arcturus and Avenue have been joined by Elliott Management, were not disclosed.
3 min read · 04 October 2012