Private Equity
Heart to Heart Hospice, a 10-year-old, Plano, Texas-based hospice care company, has received a minority investment from Boston-based Summit Partners, the growth equity firm. Terms of the deal aren't being disclosed.
3 min read · 12 March 2013
BioClinica, a Newton, Pa.-based clinical trials management company, and JLL Partners, a New York private equity firm, announced that they've successfully completed the tender offer by BC Acquisition Corp., an affiliate of JLL Partners that last month began a $7.25 per share offer for all outstanding shares of BioClinica. In January, JLL agreed to acquire BioClinica for $123 million.
6 min read · 12 March 2013
Critics say Marissa Mayer's high standards are hampering Yahoo's already challenged ability to fill vacancies; another day, another $17 million in the pocket of Google CEO Larry Page; and tweeting for money? The Feds want you to disclose it. And so much more!
1 min read · 12 March 2013
Every now and then, investors turn their attention to the so-called brain health market. But the industry – which encompasses everything from consumer-friendly assessment tools, to computerized cognitive behavioral therapy offered by healthcare providers, to software that helps sports teams detect traumatic brain injuries -- is still relatively small.
3 min read · 12 March 2013
Alvaro Fernandez of the research group SharpBrains says that if and when Lumos Labs and NeuroSky go public, they could transform the brain health industry
5 min read · 12 March 2013
While Sheryl Sandberg leans in, Marissa Mayer lies low, another CEO steps down abruptly (this time, it's Peter Stern of the link-tracking analytics company Bitly), and PE firms are returning record levels of cash to their LPs. And so much more!
1 min read · 11 March 2013
Twenty-month-old Metaps, a Tokyo-based company focused on helping developers "monetize" their products and services over the Android operating system, has raised approximately $11 million from Fidelity Growth Partners Japan, along with existing investors.
2 min read · 07 March 2013
Retailigence, a Redwood City, Calif.-based company whose back-end database helps track whether items are stocked in the stores of its retail customers, has raised $6.3 million in new funding from its existing investors Draper Fisher Jurvetson and Motorola Solutions, along with new investors Telenav and OPT, one of Japan's largest digital ad agencies. Retailigence had previously raised $4.2 million.
3 min read · 07 March 2013
The OKAngel Sidecar Fund, an investment vehicle created through a partnership with the Oklahoma Department of Commerce and the U.S. Treasury State Small Business Credit Initiative, has invested $300,000 in Sway Medical Technologies. Tulsa, Ok.-based Sway makes portable balance testing software for iOS devices, ostensibly allowing phsyicians to better assess their patient's stability and their risk of falling, among other things.
2 min read · 07 March 2013
Green Innovations, a Miami, Fla.-based distributor of American Hygienics Corporation's 100% tree-free bamboo-based product line, has added Philip Rundle to its strategic advisory board. Rundle spent 16 years with the consumer goods giant Kimberly-Clark, including as marketing director and business unit director for South Africa and the U.S.
4 min read · 07 March 2013