Actis has backed Upstream, an emerging markets mobile monetisation company. Its clients include the Vodafone Group, Telecom Italia Mobile, MTN, T-Mobile and Etisalat.
3 min read · 22 April 2014
NFT Distribution Operations Limited, a chilled food distributor has completed a deal with private equity investor EmergeVest. The transaction includes integrated debt funding provided by Investec Growth & Acquisition Finance.
4 min read · 22 April 2014
This Tuesday morning consider whether religion and entrepreneurial activity can work, what those PE firms that pioneered the industry are doing at middle age, an analysis of SFERS' mid decade venture portfolio performance and more on the endless carried interest debate.
1 min read · 22 April 2014
On the job’s board this week are vacancies at state pension fund Maine Public Employees Retirement System, the New York City Comptroller, associate roles at BNP Paribas, Liberty Mutual and Siemens Financial Services and a private equity analyst position at Fortress Investment Group.
2 min read · 14 April 2014
TIAA-CREF is to acquire Nuveen Investments, a diversified investment management company with approximately $221 billion in assets under management. TIAA-CREF is acquiring Nuveen from an investor group led by Madison Dearborn Partners for an enterprise value of $6.25 billion, inclusive of Nuveen’s outstanding debt.
7 min read · 14 April 2014
CitiusTech, a provider of healthcare technology services and solutions, has added to its board of directors. Gary Reiner and Cory Eaves both join the board from CitiusTech’s new investor, General Atlantic.
3 min read · 14 April 2014
Quintel, a developer of multiband antenna solutions for mobile operators, has completed a $10 million financing round. The round was led by existing investor Trillium International and was joined by a key strategic partner.
2 min read · 14 April 2014
Akamai Technologies, a provider of cloud services for delivering, optimizing and securing online content and business applications, has appointed Seksom Suriyapa as senior vice president of corporate and business development. Earlier in his career, Suriyapa served as a technology investment banker, most recently with Morgan Stanley, as well as in venture capital, as an Entrepreneur-in-Residence at the Mayfield Fund.
3 min read · 14 April 2014
Eaton Partners has formed a secondary advisory group with the addition of three senior professionals, Michael Pilson, Alexander Mejia and Kevin Imhoff. Pilson, Mejia and Imhoff previously ran the Secondary Advisory Business at Atlantic-Pacific Capital, where they advised a wide range of clients on secondary market transactions.
5 min read · 14 April 2014
Innovative Capital Holdings' subsidiary Sabreliner Aviation has acquired all the assets of Sabreliner Corporation, a St. Louis based diversified aviation services company. Sabreliner Aviation is operating with a new management team and is headquartered in Perryville, Missouri. Terms of the transaction were not disclosed.
3 min read · 14 April 2014