Advent International has appointed William R. Johnson as an operating partner. Johnson was former chairman, chief executive officer and president of H.J. Heinz Company Limited.
3 min read · 02 July 2014
Shell Technology Ventures has backed Veros Systems. Other investors in the business include Austin Ventures, Chevron Technology Ventures and LiveOak Venture Partners. Veros is an industrial asset monitoring company based in Austin, Texas.
2 min read · 02 July 2014
tuul has closed a $1.7 million seed round funding. Greycroft Partners led the financing with participation from Raine Group, Streamlined Ventures and others.
2 min read · 02 July 2014
The Riverside Company has exited Retail Zoo, an Australian owner of four quick service restaurant concepts. The deal marks Riverside’s 100th exit since its 1988 founding.
3 min read · 02 July 2014
HZO has secured $20 million in an oversubscribed round of Series B growth funding. The round was led by Iron Gate Capital with follow-on investments from Translink Capital and Delta Electronics as new investors. Existing investors including Harris & Harris Group, Prudence Holdings and VY Capital also participated in the financing.
4 min read · 02 July 2014
Kirkland & Ellis has expanded its Houston office with the addition of transactional lawyers William W. Bos and Anthony H. Speier III. Kirkland opened the Houston office in April with the hire of M&A partner Andy Calder.
3 min read · 02 July 2014
DN Capital has appointed Frank Kelcz as venture partner. He will be working with DN Capital’s international portfolio of companies to expand into the US markets as well as finding companies with the ability to expand into Europe.
3 min read · 02 July 2014
Menlo Park, California-based biotechnology company Emerald Therapeutics has closed its latest round of funding, raising the company’s total financing to $13.5 million. Founders Fund and Max Levchin, a PayPal co-founder, led the round along with investment from Schooner Capital.
4 min read · 02 July 2014
Clayton, Dubilier & Rice has acquired Healogics from Metalmark Capital and Scale Venture Partners. The transaction is valued at approximately $910 million. The business is a wound care services provider.
2 min read · 02 July 2014
BlaBlaCar has secured a $100 million Series C investment round led by Index Ventures. Existing investors Accel Partners, ISAI and Lead Edge Capital also participated.
5 min read · 02 July 2014