Data storage company Nimble Storage Inc filed with U.S. regulators to raise up to $150 million in an initial public offering of its common stock, sister news service Reuters reported.
1 min read · 18 October 2013
The number of firms that are planning to decrease their staff has fallen as markets improve and a larger share of firms are planning to either increase or remain with the same level of employees.
1 min read · 18 October 2013
KKR & Co LP said it would acquire Avoca Capital, a European credit investment manager with $8 billion in assets, expanding its credit platform as it seeks to fill a void in the sector left by banks, sister news service Reuters reported.
2 min read · 18 October 2013
Emulex Corp has held talks with a few private equity firms, including Francisco Partners LP, Thoma Bravo LLC and Thomas H. Lee Partners LP about selling itself, but a deal remains uncertain for the struggling chip maker, according to several people familiar with the matter, Reuters reported.
2 min read · 18 October 2013
Blackstone Group LP’s Vivint Solar Inc said it has raised $540 million to finance its fast-growing business of installing solar panels on home rooftops, sister news service Reuters reported.
1 min read · 18 October 2013
Coal-bed methane (CBM) producer Ember Resources Inc has completed its $220 million buy of oil and gas producing properties owned by Houston, Texas-based Apache Corp, peHUB Canada has learned. Additionally, as of the acquisition’s closing date on September 30, Brookfield Capital Partners III LP was left as the company’s sole shareholder. In 2011, Brookfield led a group of private equity investors that took Ember private for $125 million.
2 min read · 17 October 2013
Markham, Ontario-based DMTI Spatial Inc, a provider of enterprise location intelligence solutions, has been acquired by Neopost, a European supplier of mail solutions. The transaction, the financial details of which were not published, will allow the two companies to deliver product and software offerings to a global market. DMTI Spatial has been a portfolio company of Canadian venture capital firm MMV Capital Partners since 2005.
3 min read · 17 October 2013
Northleaf Capital Partners, a $5 billion private equity and infrastructure fund manager and advisor, has recruited Todd Papau as its vice president, sales and business development. Papau was previously with Goldman, Sachs & Co, where he established and managed strategic Canadian relationships. Before then, he was a vice president with Citigroup. Based in Northleaf's Toronto headquarters, Papau will focus on expanding the firm's relationships with Canadian and global institutional investors and family offices.
3 min read · 17 October 2013
French ophthalmic optics company Essilor International has made an undisclosed strategic investment in Technologies Humanware Inc, a Drummondville, Québec-based designer and distributor of electronic assistance products for the blind and vision impaired. Essilor acquired a majority interest in the business to develop its global low vision offering. Technologies Humanware is a portfolio company of Australian private equity firm Jolimont Capital. The company has also been backed by the Caisse de dépôt et placement du Québec.
4 min read · 17 October 2013
Gryphon Investors has completed fundraising for another bridge fund, sources told sister publication peHUB.
1 min read · 17 October 2013
