Victory Park Capital has provided a $50 million credit facility to LendUp. The business is a direct lender focused on non-prime borrowers.
3 min read · 06 May 2014
The global investment team of Centaurus Capital will join Fortress Investment Group's Liquid Markets business. The team is led by CIO Randy Freeman and will be rebranded as the Fortress-Centaurus Global Strategy.
3 min read · 06 May 2014
Network Merchants, a provider of e-commerce payment gateways and value-added services, has appointed Roy Banks and Kyle Pexton as CEO and CFO and secured a growth equity investment from Great Hill Partners. The firm joins existing investors Bregal Sagemount and the NMI founders.
3 min read · 06 May 2014
National CineMedia is to acquire Screenvision, for $375 million of cash and stock on a debt free, cash free basis. Screenvision is a portfolio company of Shamrock Capital and the managing member and owner of 45.8% of National CineMedia, an in-theatre digital media network.
4 min read · 06 May 2014
Monroe Capital has appointed Lee Stern to the firm as managing director in its New York office. Prior to Monroe Capital, Stern was a managing director at Levine Leichtman Capital Partners.
2 min read · 06 May 2014
Park Place International has secured a minority growth investment from WestView Capital Partners. The business is a full-service cloud services provider and technical systems integrator of Medical Information Technology software.
3 min read · 06 May 2014
Morgan Stanley Global Private Equity has sold its majority interest in Learning Care Group. Financial terms of the transaction were not disclosed.
3 min read · 06 May 2014
LGT Capital Partners has completed its merger with LGT Capital Management. The move sees LGT Capital Partners strengthening its position as a provider of multi-alternatives solutions in Europe, increasing its assets under management to over $50 billion.
2 min read · 06 May 2014
Healthcare-focused private equity firm BelHealth Investment Partners has acquired Precision Toxicology. Headquartered in San Diego, California, the company is a clinical laboratory that specializes in providing quantitative drug testing, primarily for the purpose of helping physicians monitor their patients undergoing treatment for pain or substance abuse.
2 min read · 06 May 2014
Amazon has acquired ComiXology. Columbia Pacific Advisors, based in Seattle, provided the majority of capital to the digital comics platform.
3 min read · 06 May 2014