Private Equity
Hargett Hunter Capital Partners acquired a majority stake in The Original ChopShop Co., a fast-casual restaurant with three locations in greater Phoenix, Arizona. Financial terms were not disclosed. Based in North Carolina, Hargett Hunter focuses exclusively on the hospitality industry.
3 min read · 25 July 2016
Web security startup StackPath announced an investment from information and business service private equity firm ABRY Partners. StackPath is led by Lance Crosby, whose previous company, SoftLayer Technologies, was acquired by IBM in 2013.
4 min read · 25 July 2016
2 min read · 25 July 2016
QuVa Pharma, Inc. agreed to acquire a biotech pharmaceutical facility in New Jersey. Financial terms were not disclosed. QuVa has been backed by Bain Capital since the firm made a majority equity commitment in August 2015.
4 min read · 22 July 2016
Goldman Sachs plans to launch its first private-equity fund since raising $20 billion for GS Capital Partners VI in 2007. West Street Capital Partners will have a target between $5 billion and $8 billion, with the bank investing only a small amount of its own capital, in compliance with Dodd-Rank regulations.
1 min read · 22 July 2016
Silver Run Acquisition Corporation agreed to acquire a controlling stake in Centennial Resource Production, LLC, an oil and gas company located in the Southern Delaware Basin. Riverstone Holdings LLC previously agreed to purchase an almost 90% interest in Centennial from NGP Energy Capital Management, L.L.C. Riverstone will now assign its interest to Silver Run and participate in the transaction as an equity holder in that company.
7 min read · 22 July 2016
Roger Ailes is out at Fox News following accusations that he sexually harassed female employees while building the channel into a cable powerhouse.
1 min read · 21 July 2016
Digital typesetting and typeface design firm Monotype agreed to acquire venture-backed Olapic for about $130 million. Olapic provides a marketing platform that helps brands collect and utilize content created by social media users.
4 min read · 21 July 2016
AristaMD raised $11 million in a Series A round led by Avalon Ventures, with participation from Correlation Ventures. AristaMD is a digital health company that provides a platform for electronic consults and referrals.
1 min read · 21 July 2016
PHOENIX Rehabilitation and Health Services, Inc. appointed Peter Grabaskas chief operating officer. Grabaskas was formerly executive vice president of development. PHOENIX, which has locations in Pennsylvania and Virginia, is a portfolio company of Pittsburgh-based 3 Rivers Capital.
2 min read · 19 July 2016
