Private Equity
The Flexitallic Group, a maker of sealing products and other products, including gaskets, for the energy industry that is headquartered in Paris, is being acquired by Bridgepoint, a pan-European private equity investor focused on middle market opportunities. The €450 million transaction, which is subject to competition clearance, is anticipated to close this July.
3 min read · 06 May 2013
Law firm Sidley Austin, which is headquartered in New York, has hired Gregory Salathé as a partner in its Singapore office. Salathé is now a member of the firm's M&A practice, and will reside in Singapore after a transition period in Tokyo. He was most recently a partner at the law firm Morgan Lewis, where he was a co-managing partner of the firm's Tokyo office.
3 min read · 06 May 2013
The saddest day on Twitter yet, Wall Street still loves LinkedIn. Investors? They're not so sure. And so much more!
1 min read · 03 May 2013
It looks like L.A. may have a new venture capital firm. Velos Partners of Beverly Hills is on the hunt for $50 million, according to an SEC filing. The firm’s managing directors include James Bailey, who most recently was an associate at GRP Partners.
2 min read · 03 May 2013
Privacy, schmivacy? Mark Zuckerberg's mansion is on FourSquare. The day has come: Warren Buffett is now on Twitter. And a new Google Glass app lets you snap photos with a wink. And so much more!
1 min read · 02 May 2013
Despite the popularity of Facebook and Instagram, a growing number of smartphone users are clearly looking for alternative communications platforms. The question is whether such new apps are real businesses, or if they’re just as evanescent as the technology solutions they provide.
4 min read · 02 May 2013
Facebook posted first quarter earnings, Apollo is reportedly close to securing at least $5 billion for its latest fund, and proof that money does, in fact, buy happiness. And so much more!
1 min read · 01 May 2013
KKR is in talks to hire former CIA director David Petraeus, studying the dark art of leaking deal talks, and is it or isn't it? Uber insists it isn't talking with investors, contradicting a report that says otherwise. And there's more!
1 min read · 30 April 2013
The race to become the most sought-after analytics provider to brick-and-mortar retailers is on, with RetailNext bagging a $15 million Series C to help retailers track their customers' every move.
4 min read · 30 April 2013
Avec Capital, a New York private placement firm that works with private equity and alternative assets funds, has appointed Christine Kelleher as a managing director. Kelleher joins the firm from Georgetown University Investment Office in Washington, D.C., which oversees the management of the university's $1.1 billion endowment and where Kelleher was a senior investment officer.
2 min read · 30 April 2013
