Private Equity
Genpact, a global player in business process and technology management, has acquired High Performance Partners, LLC (HPP) and its Quantum Mortgage Technology. Genpact had previously announced an initial equity investment in HPP in March 2010 and now owns 100 percent of the company.
3 min read · 11 October 2011
Hercules Technology Growth Capital, a specialty finance company, has appointed April Young as managing director and also announced the opening of its new offices in McLean, Va.
2 min read · 11 October 2011
Google’s former senior vice president of engineering, Bill Coughran, has joined Sequoia Capital as a partner. Coughran will be making early and growth-stage investments for the venture firm.
1 min read · 11 October 2011
Quercus Asset Selection Sarl, the Luxembourg based management company of the Quercus Renewable Energy Fund, a leading investor in the Italian photovoltaic market, has entered into a joint venture agreement with UK based Foresight Group to boost its investments in the Italian renewable energy market.
4 min read · 10 October 2011
German-based LipoFIT has secured seven million euros ($9.5 million) to finance its growth and to support the market launch of its diagnostic technology. Investors include KfW Bankengruppe, Bayern Kapital and a private investor.
3 min read · 10 October 2011
Economic woes and difficult lending conditions have prompted a return of stapled financings to back leveraged buyouts, Reuters' International Financing Review reports.
3 min read · 10 October 2011
Belgian bank KBC has agreed the sale of its KBL private banking unit for 1.050 billion euros ($1.42 billion) to Qatari-backed Luxembourg firm Precision Capital, it said on Monday, falling 300 million euros ($407.8 million) short of previous plans for the sale.
2 min read · 10 October 2011
Earlybird portfolio company madvertise has closed a $10 million Series B funding round. The company secured a new US investor, Blumberg Capital which will add strength to the business in a digital media and mobile advertising capacity.
4 min read · 10 October 2011
UK-based LDC's Sala International has merged with ECI Partners-backed EDM Group. The 52 million pound (US$81.4 million) merger marks an exit for ECI and will create one of the UK’s largest providers of outsourced information management services.
3 min read · 10 October 2011
London-based fund manager Pantheon has appointed two senior executives to its product development and client services teams in the UK and US. Amanda McCrystal joins Pantheon’s London office as a principal, leading the strategic development of new product and distribution initiatives. She joins from HarbourVest where she headed up strategic business development. Yokasta Baez joins Pantheon’s New York office as a vice president in the global client services team. She joins from AXA Private Equity where she was manager of North American investor relations and business development.
2 min read · 10 October 2011
