GTS has been sold to Deutsche Telekom for 546 million euros. GTS is an infrastructure-based telecommunications service provider in South East and Eastern Europe. It is currently owned by a consortium of international private equity firms including Bessemer Venture Partners, Columbia Capital, HarbourVest Partners, Innova Capital, MC Partners and Oak Investment Partners.
2 min read · 02 June 2014
Osprey Capital has backed GovToday, a public sector media platform. The Greater Manchester Loan Fund, managed by Maven Capital Partners also backed the business.
2 min read · 02 June 2014
Oakley Capital Investments is to acquire North Sails Europe A/S and North Sails. The business is the exclusive licensee and distributor for North Sails sailing technology and products in Europe and New Zealand.
4 min read · 02 June 2014
Catch up on the latest headlines after the weekend including a list of firms on the fundraising trail, some research on how syndication influences leveraged buyout success and more on how to fix the VC gender gap.
1 min read · 02 June 2014
Appland has raised $1.1 million in a seed funding round from new private angel investors and existing investors. Appland is a white-labeled cloud-based app store management system.
3 min read · 29 May 2014
AMSURG is to acquire Sheridan Healthcare in a cash and stock transaction valued at approximately $2.35 billion. Sheridan Healthcare, a portfolio company of Hellman & Friedman, is a provider of multi-specialty outsourced physician services.
7 min read · 29 May 2014
Venture capital fund performance continued to make gains across most time horizons as of December 31, 2013, according to the National Venture Capital Association’s performance benchmark, the Cambridge Associates LLC U.S Venture Capital Index®. The quarterly, 1-, 3-, 5- and 10-year horizons all showed higher returns with the 15-year horizon down from the previous quarter and the 20-year horizon unchanged.
5 min read · 29 May 2014
Clearwater Capital Partners has sold a Keppel FELS B Class jackup rig with hull number B351. Arabian Drilling Company has acquired the rig.
3 min read · 29 May 2014
Lua has raised a $7.5 million Series A funding round led by Abundance Partners. Strauss Zelnick (ZelnickMedia, Take-Two Interactive Software) and Aaron Stone (Apollo Global Management) also participated. Founded in 2010 in New York, Lua is a mobile-first coordination solution.
4 min read · 29 May 2014
Swipely has completed a $20 million Series C round of financing. Pritzker Group Venture Capital led the investment and was joined by existing investors First Round Capital, Index Ventures and Shasta Ventures. Swipely is a simple way for merchants to understand customers and grow sales.
4 min read · 29 May 2014
