Stonehenge Growth Equity Partners has backed MobileHelp. Based in Boca Raton, Florida, MobileHelp is a mobile medical alert system.
3 min read · 08 May 2014
In First Read this morning there's fund news from Thomas H. Lee and newly public Ares, a review of Brazilian private equity fund performance and Carlyle's Applus sets its IPO price.
1 min read · 08 May 2014
Permira is to acquire TeamViewer for an undisclosed sum. TeamViewer is a global provider of secure remote support software and online meetings. TeamViewer is being acquired from GFI Software, a European-based infrastructure software provider.
5 min read · 07 May 2014
FRX Polymers has closed a Series C-2 financing at $8 million. The round of financing was led by Flemish investment company, PMV. Joining PMV are FRX’s current shareholders, Evonik Venture Capital, DB Masdar Cleantech Fund, BASF Venture Capital others.
6 min read · 07 May 2014
Graycliff Partners has acquired a majority stake in Ameritherm, a manufacturer of precision induction heating products and systems. Exium Partners also invested in the business.
3 min read · 07 May 2014
Harbert Private Equity Fund II has sold its portfolio company Onward Behavioral Health to Pyramid Healthcare. Pyramid is a portfolio company of Clearview Capital.
1 min read · 07 May 2014
Cypress Growth Capital has closed its second royalty-based growth capital fund, CGC Royalty Investments II LP. The $50,000,000 fund secured capital commitments from a family office investor group, all of whom participated in the firm’s prior royalty-based fund.
2 min read · 07 May 2014
Consumer-focused private equity firm Yellow Wood Partners has hired Kevin McCafferty as a vice president in Boston. He will help the firm grow its existing portfolio companies as well as expand the firm’s investment sourcing business.
2 min read · 07 May 2014
Vaurum has raised $4 million in seed funding from Battery Ventures and angel investors including Tim Draper, managing director and co-founder of investment firm Draper Fisher Jurvetson, and Steve Case, former chairman and chief executive of America Online. Vaurum is a cryptocurrency company developing bitcoin exchange software for financial institutions.
2 min read · 07 May 2014
Paul Clausing has joined Hunting Dog Capital as a senior professional. Prior to Hunting Dog Capital, Clausing held a senior financial operating role at Velti, a mobile marketing software company.
2 min read · 07 May 2014