Aldermore Bank, backed by AnaCap Financial Partners, a specialist European financial services private equity firm, has announced its full year audited results for 2013. The bank announced a 15-fold increase in profits.
3 min read · 03 April 2014
Connecticut Innovations has made a $500,000 investment in P2 Science Inc of New Haven, Conn, through its Eli Whitney Equity Fund. This investment was part of a $1 million Series A funding round also involving Elm Street Ventures.
3 min read · 03 April 2014
Fonemine, a provider of cloud-based Enterprise Mobile Application Solutions, has closed a $4.5 million Series B round of financing. The round was led by Michigan eLab, an Ann Arbor-based venture capital firm that specializes in investments in early-stage information-technology companies.
4 min read · 03 April 2014
Spire Capital has acquired Accuship.com, Iron Data Solution's transportation spend management division. Headquartered in Memphis, TN, Iron Data TSM provides services to customers around the world across multiple end market verticals, including consumer, retail, manufacturing, technology, telecommunications, financial services, and healthcare among others.
3 min read · 03 April 2014
Velocity Technology Solutions has completed its acquisition of Titan Technology Partners for around $80 million. This transaction is being financed through a combination of additional investment from Velocity's existing investor group led by Silver Lake Sumeru and bank funding.
3 min read · 03 April 2014
Intervale Capital-backed Antelope Oil Tool & Manufacturing has acquired CTE Industries. Headquartered in Edmonton, AB, CTE was founded in 2006, and is an independent manufacturer and supplier of oilfield cementation equipment.
3 min read · 03 April 2014
Debevoise & Plimpton has appointed Andrew C. Goldberg and W. David Sarratt to the firm as counsel as members of the private equity funds and investment management groups, and the litigation department, respectively. They will be based in the New York office.
3 min read · 03 April 2014
eDreams ODIGEO, an online travel company has announced the final offer price in its Initial Public Offering. The commencement of trading on the Madrid, Barcelona, Bilbao and Valencia stock exchanges is expected to take place on April 8, 2014 under the symbol EDR. The company is backed by Permira and Ardian funds.
5 min read · 03 April 2014
DC Advisory has promoted Terry Huffine, Michael Mariaz and Andrew Strudwick to managing director. DC Advisory is a European mid-market investment bank.
2 min read · 03 April 2014
Riveron Consulting has promoted three principals – two in the Southwest office and one in the Midwest office. Each employee is a former senior manager for the firm. Riveron specializes in serving private equity funds, firms that are growing through strategic acquisitions and companies seeking to maximize the value of business transactions.
2 min read · 03 April 2014
