Not everyone buys Twitter's foot-dragging act. PrivCo, a New York-based research firm that focuses on private companies, believes Twitter will file to go public in the fourth quarter of this year, largely because of Facebook’s botched public offering last year.
3 min read · 09 January 2013
ILC Dover, a Frederica, Delaware-based designer and maker of a wide range of highly engineered fabric and products -- including space suits for NASA -- has acquired Grayling Industries, an Alpharetta, Georgia-based maker of advanced industrial packaging products. Terms of the deal were not disclosed. ILC Dover is a portfolio company of Behrman Capital, a private equity firm with offices in New York and San Francisco.
3 min read · 08 January 2013
BV Investment Partners, a Boston-based middle market private equity firm, has completed its recapitalization of INetU, a company that sells managed hosting and cloud services to enterprise customers. The investment makes BV the company's majority shareholder.
3 min read · 08 January 2013
New York-based Templeton Asset Management has announced its Templeton Emerging Markets Group's exit from all investments held in Templeton Strategic Emerging Markets Fund II, established in 2005. The $132.5 million fund generated a net IRR of 34.3 percent, net of all expenses and fees.
2 min read · 08 January 2013
The San Francisco-based startup Chartboost has raised a $19 million Series B round of funding led by Sequoia Capital, which was joined by existing investors TransLink Capital and SK Telecom Ventures. Chartboost allows game developers to reach new users through cross-promotion, make money from their games, and collaborate directly with fellow developers. The company had previously raised $2 million in funding, a round that closed in October 2011.
3 min read · 08 January 2013
Mobiplex, a Santa Clara, Calif.-based company that produces miniature wireless sensors and mobile device apps, has raised a fresh $1.3 million from a group of new and current private investors who have now collectively given the company $4.4 million in financing. The company was founded in late 2010.
2 min read · 08 January 2013
Blame it on an innovation stall, or investor boredom, or firms less willing to pay through the nose to access the companies that they view as most promising. Either way, a fall-off in the amount of money being plugged into companies is real, according to Preqin, the private equity data provider.
2 min read · 04 January 2013
The San Diego-based power producer EDF Renewable Energy, formerly enXco, has completed financing on a think film photovoltaic project in California’s Mojave Desert. Majority interest in the project was acquired by a group of investors comprising GE Energy Financial Services, Metropolitan Life Insurance Company, Union Bank, and Citi.
3 min read · 03 January 2013
Power Line Holdings, an Irving, Tex.-based portfolio company of the private equity firm Energy Capital Partners, has changed its name to PLH Group. PLH Group, whose subsidiaries include power delivery construction and maintenance companies has also acquired three companies: Southeast Direction Drilling, M&M Pipeline Services, and Energy Services South. Terms of the transactions are not being disclosed.
3 min read · 03 January 2013
Welsh, Carson, Anderson & Stowe, a New York-based private equity firm that focuses on healthcare, along with information and business services, has completed its acquisition of the interactive software company GetWellNetwork, whose technology enables patients to view movies, access the Internet and more via their hospital bedside TVs.
2 min read · 03 January 2013
