Waltham, Mass.-based CounterTack, a maker of in-progress cyber attack intelligence and response technology, has closed on $9.5 million in fresh capital. Fairhaven Capital led the Series A round. CounterTack was formerly known as NeuralIQ.
3 min read · 17 November 2011
Solyndra, the solar panel maker that famously went bust after inking $535 million in federal loan guarantees and roughly $1 billion in venture capital, has postponed an auction for its California manufacturing plant, Reuters reported Thursday. The auction has been put off for two months, and will allow new buyers to examine the company's assets, Solyndra's lawyers said.
2 min read · 17 November 2011
Cargill has secured approval from EU regulators to buy animal feeds producer Provimi from private equity firm Permira, Reuters reported. The deal is valued at 1.5 billion euro ($2 billion).
1 min read · 17 November 2011
Advantage Partners, Bain Capital and Orix Corp. have moved into the final round of bidding for private equity-owned software developer Yayoi, Reuters reported. The deal is worth an estimated $800 million and would provide a strong exit for MBK Partners, which bought Yayoi in 2007.
2 min read · 17 November 2011
1 min read · 16 November 2011
ORIX Leveraged Finance and Chatham Capital have provided debt financing to support the acquisition of Z Wireless by Atlantic Street Capital. ORIX announced that it had closed a combined $23.1 million facility to Z Wireless. Sioux Falls, South Dakota-based Z Wireless markets Verizon Wireless products and services.
3 min read · 15 November 2011
Bain Capital Ventures is planning to sell all of the 3.71 million shares it holds in professional networking company LinkedIn Corp., according to a filing with the Securities & Exchange Commission. In total, the company’s early backers and its employees plan to sell a combined 6.7 million shares.
1 min read · 15 November 2011
Middle-market buyout shop Altus Capital Partners Inc. has acquired Models & Tools, a designer and manufacturer of tooling systems for the aerospace and defense industries. The firm is making the investment out of Altus Capital Partners II L.P. Terms of the deal were not released.
3 min read · 15 November 2011
Clyde Blowers, a U.K.-based buyout shop, is paying 100 million euros ($136 million) to buy Finnish wind turbine maker Moventas, Reuters wrote Tuesday. Moventas filed for bankruptcy for two of its subsidiaries earlier this year, Reuters said.
1 min read · 15 November 2011
A group of Eastman Kodak debt investors have hired Blackstone Group as a financial advisor, Reuters reported. The group is seeking to influence how the company handles a restructuring, Reuters wrote, and also recently hired law firm Akin Gump Strauss Hauer & Feld.
1 min read · 15 November 2011
