Private Equity
Boston-based Silversmith Capital Partners acquired a significant minority stake in Centauri Health Solutions, Inc., a provider of data management services for the healthcare industry. Silversmith invested $50 million in the company, which has locations in Scottsdale, Nashville and Orlando.
2 min read · 26 May 2016
Private equity firm VMG Partners completed the sale of nut butter maker Justin's LLC to Hormel Foods. Terms of the transaction were not disclosed.
3 min read · 26 May 2016
To wrap up your Thursday, KKR could be considering a takeover of Japanese airbag maker Takata, and Google dodged $9 billion of damages to Oracle in a smartphone court case.
1 min read · 26 May 2016
The head of Carlyle Group LP's financial services group, Olivier Sarkozy, has resigned, Bloomberg reported. Sarkozy, who joined the firm in 2008, will continue as a senior advisor.
1 min read · 26 May 2016
Stockholm-headquartered EQT closed EQT Ventures Fund on 566 million euros ($633 million). The fund will invest in tech companies across Europe at all stages of growth.
1 min read · 26 May 2016
Kollective secured $12.25 million in a Series C funding round with participation by MK Capital, Pritzker Group Venture Capital, Cross Creek Capital, Hatteras Funds and others. The company provides a cloud-based content delivery platform and has a partnership with Microsoft's Skype. The funding will be used in part to expand Kollective's business in Asia.
1 min read · 26 May 2016
Intel Capital led a $10 million Series B funding round in Lumiata, a predictive analytics company serving the healthcare industry. All existing investors participated, including Blue Cross Blue Shield Venture Partners, Sandbox Industries, and Khosla Ventures. Lumiata's total capital raised is now $20 million.
1 min read · 26 May 2016
Railroad workforce safety company eVerifile sold its customer care division, Everifile CS, to CEO Mark Wilson. Bob Ingalls will take over as CEO, and Wilson will merge Everifile CS with Chime Solutions, a contact center outsourcing company based in Morrow, Georgia. Private equity companies Frontier Capital, Magic Johnson Enterprises and Yucaipa Company own eVerifile.
3 min read · 26 May 2016
Customer insight software provider Qualtrics acquired Statwing, a data science startup based in San Francisco and backed by Y Combinator. Statwing's point-and-click tool will be integrated into the Qualtrics Insight Platform.
3 min read · 26 May 2016
strong>Corigin Ventures led a $2.5 million seed round funding in Meural, a New York-based startup that creates digital canvases which stream art to users' walls. Barbara Corcoran Venture Partners also participated, along with Francois Bennahmias (CEO of Audimars Piguet), Elio Leoni Sceti (former CEO of EMI, and current board of directors member at AB InBev) and others.
3 min read · 26 May 2016