The San Francisco-based private equity firm Sverica International has promoted Jordan Richards to managing director. Richards joined the firm in 2009.
1 min read · 02 October 2012
Triton Diving Services, a Boulder, Colo.-based affiliate company of the private equity firm Grey Mountain Partners, has acquired the diving assets of Lousiana Oilfield Divers, including a 208-foot vessel that Triton hopes will strengthen its position as a commercial diving contractor operating in the Gulf of Mexico. Terms of the deal were not disclosed.
2 min read · 02 October 2012
Atlanta-based Global Payments, a publicly traded electronic transaction processing company, has acquired Accelerated Payment Technologies of Pleasant Grove, Utah for $413 in cash from the private equity firm Great Hill Partners.
2 min read · 02 October 2012
The head of AshleyMadison.com, an online site for adulterers, thinks U.S. executives at Groupon are terrible prudes, not to mention poor businesspeople.
3 min read · 01 October 2012
The growth-stage investor could seek to raise its eighth fund soon
2 min read · 01 October 2012
BioSavita, a Plymouth, Michigan company that produces "biosimilar medicines" for patients in partnership with biopharmaceutical companies, has appointed James Kuo as chairman and CEO. Kuo was most recently chair and CEO of Adeona Pharmaceuticals, a publicly traded Michigan biotech company.
2 min read · 28 September 2012
Capablue -- a London-based company focused on helping brands navigate the ever-evolving TV ecosystem -- has raised an undisclosed Series A round, including from Charlie Makin, an advertising entrepreneur who has joined the company as a director.
3 min read · 28 September 2012
Armstrong World Industries, a Lancaster, Pa.-based maker of floors, ceilings and cabinets, is selling its cabinets business, headquartered in Colony, Texas, to American Industrial Partners of New York for $27 million.
2 min read · 28 September 2012
The Bascom Group, the Irvine, Calif.-based private equity firm, has closed a $185 million real estate investment fund, which has already been used to acquire numerous properties, including in Fullerton, Calif; Denver; and Coldwater Springs outside of Phoenix, Arizona.
2 min read · 28 September 2012
In the world of tech startups, where people are usually busy trying to change the world or become a multimillionaire or both, humor isn't as prized a trait as some others. It can definitely come in handy, though, suggest Dhaya Lakshminarayanan and Jon Dick.
5 min read · 28 September 2012
