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Dave Keating

In the latest of a flurry of financial software services acquisitions, TA Associates has completed a $200 million buyout of Global 360.
General Motors has agreed to sell a 51 percent stake in its General Motors Acceptance Corp to private investment groups affiliated with Cerberus and Citigroup in a $14 billion deal that is designed, in part, to help restore the financing unit’s credit rating.
Honeywell has agreed to sell the crash test dummies unit of newly acquired First Technology PLC to HgCapital for $87.3 million.
The Bank of New York Company will launch an investment fund company in Poland to tap into a surge in pension fund demand.
ESecLending is the latest financial technology company to be bought by the Boston-based firm, in what could be the first investment for TA’s new $3.5 bn fund.
The Boston-based firm has closed on a $3.5 billion private equity capital fund and a $778 million subordinated debt fund, after turning away billions of dollars in LP interest.
The Silicon Valley venture firm will continue to invest in early stage companies.
The Boston- and London-based firm has sunk $90 million into Alma Lasers, betting on a sector the firm sees as growing rapidly.

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