Onapsis has raised $9.58 million in funding led by .406 Ventures and supported by Endeavor Catalyst and existing investors. Onapsis is a provider of solutions to audit and mitigate cyber security threats targeting business-critical applications.
4 min read · 18 June 2014
Kinderhook Industries has sold the Environmental Quality Company to strategic acquirer US Ecology, a North American provider of environmental services. Financial terms of the transaction were not disclosed.
3 min read · 18 June 2014
Find out the latest midweek happenings this morning including Microsoft Ventures launching a new accelerator for start-ups, tips for raising seed stage capital, an insight into why Harvard's top managers have exited the endowment and who is top of Columbia's IRRs.
1 min read · 18 June 2014
Mega buyouts, growth equity and infrastructure funds are among the top three IRRs for the $5.8 billion District of Columbia Retirement Board. The Blackstone Group’s 2001 vintage Blackstone Capital Partners IV fund is top of the IRR performers for the district’s pension fund. That vehicle posted an IRR of 37.2 percent and 2.35x multiple for the period to Dec. 31, 2013.
1 min read · 17 June 2014
Peak Rock Capital has acquired RCR International. Headquartered in Boucherville, Québec, RCR is a manufacturer and distributor of home improvement products sold in the US and Canada.
3 min read · 17 June 2014
Seven Point Equity Partners has acquired The RiteScreen Company from J.T. Walker Industries. Headquartered in Elizabethville, Pennsylvania, RiteScreen manufactures and sells screen solutions to window and door manufacturers.
3 min read · 17 June 2014
Clinical stage biotechnology company Selecta Biosciences has been awarded a grant from the Bill & Melinda Gates Foundation. The grant supports the research by Selecta for a novel dual action, immune-activating SVP nanoparticle vaccine for malaria.
3 min read · 17 June 2014
Virtru has secured a $6 million round of financing led by Bessemer Venture Partners, bringing the total raised to $10.3 million. The email encryption startup launched by former NSA cryptographers will use the capital to extend Virtru's platform support and deliver new features for consumers and businesses.
3 min read · 17 June 2014
Moelis & Company has launched its private funds advisory business which will provide capital raising, secondary and other independent advisory services to private fund sponsors and limited partners. The firm also announced the appointment of four managing directors who have agreed to join Moelis & Company from Greenhill.
3 min read · 17 June 2014
Apax is seling its majority ownership stake in Advantage Sales & Marketing to Leonard Green & Partners and CVC Capital Partners. The business is a provider of outsourced sales and marketing services to manufacturers and retailers of consumer goods.
5 min read · 17 June 2014