Private Equity
Sample6 Technologies, a Boston-based developer of a so-called bacterial monitoring platform, has appointed Tim Curran as CEO. Curran was previously CEO of Vela Systems, which sold to Autodesk last year; he was also CEO of Eleven Technologies, acquired by Trimble Navigation in 2006. Sample6 is backed by Flybridge Capital Partners, Chevron Tech Ventures, The Kraft Group, Founder Collective and Boston University, among others.
3 min read · 19 March 2013
Publicly traded, New York-based CTPartners Executive Search has hired Mark Hexamer, who was most recently a partner with the search firm Fortis Partners, where he worked with venture-backed technology and consumer organizations.
2 min read · 19 March 2013
Relay Foods, a Charlottesville, Va.-based company that tries to make it easier for online users to shop for local and organic foods online, has hired Jill Douthit as its new CFO. Douthit previously served as VP of finance at Relias Learning and before that, as finance director for Silverchair Learning Systems. Relay has raised $3.1 million in funding, including from Battery Ventures.
2 min read · 19 March 2013
Tepper Holdings -- an investment company controlled by Ron Tepper, the chairman and CEO of the Ontario-based transportation and logistics services provider Fastfrate Holdings -- has acquired a majority interest in Fastfrate from Fenway Partners, a middle-market PE firm based in New York. Terms of the deal aren't being disclosed but Fastfrate's board has unanimously supported it.
3 min read · 19 March 2013
KSL, a Denver-based private equity firm specializing in travel and leisure enterprises, has acquired Malmaison Group, owner of UK boutique hotel brands Malmaison and Hotel du Vin. Terms of the deal, which involves 27 hotels altogether, are not being disclosed.
3 min read · 19 March 2013
Venture capitalist Greg Gretsch believes the social media company Strava is poised to become the “number one sports brand of the 21st century.” The question is whether Gretsch has landed on the ground floor of one of America’s next big companies or gotten way ahead of himself.
4 min read · 19 March 2013
EA CEO John Riccitiello has stepped down, two Connecticut pension funds are selling off investments to meet their cash flow needs, and meet the "Winklevoss" of Snapchat! And so much more!
1 min read · 18 March 2013
Car service Uber gets a new kind of unwanted publicity, Warren Buffett pays Bill Gates $1,800, China's Solyndra just imploded, too, and so much more!
1 min read · 15 March 2013
Ricky Gervais has agreed to create content exclusively for YouTube, there's big tension in how Larry Page is running Google, and the Justice Department has charged one of Reuters' own with conspiring with the hacker group Anonymous. And so much more!
1 min read · 14 March 2013
New Enterprise Associates, the venture capital firm, has launched NEA Studio, a new, New York-based 12-week program program for designers who found mobile and Web startups and who will work alongside NEA investors and design experts, including IDEO founder David Kelly. According to NEA, designers best suited for the program will be able to "take a side project to a full company with the three-month period."
3 min read · 14 March 2013
