Private Equity
MB Business Capital provided a $5.7 million senior credit facility to Via, Inc., a Sparks, Nevada-based maker of ergonomic office chairs. The majority shareholder of Via Seating is Excelsior Capital Partners.
2 min read · 25 May 2016
KPS Capital Partners said May 25 that its portfolio company Electrical Components International, Inc. completed the acquisition of Whitepath Fab Tech, Inc., a supplier of components and assembly services to the heating, ventilation and air conditioning industry. The deal was announced on May 17, 2016. St. Louis-based Electrical Components provides assembly services for the home appliance industry and wire harnesses for a range of applications.
1 min read · 25 May 2016
Greenville, South Carolina-based Azalea Capital announced an investment in Jones Natural Chews (JNC), in partnership with consumer products executive Michelle Higdon, by The Azalea Fund IV, L.P. JNC makes premium dog treats and chews at its facilities in Rockford, Illinois.
2 min read · 25 May 2016
Healthcare private equity firm Amulet Capital Partners acquired SynteractHCR Holdings Corporation. Based outside San Diego, SynteractHCR is an international contract research organization that carries out Phase I-IV clinical trials for biopharmaceutical companies. Terms of the transaction were not disclosed.
3 min read · 25 May 2016
To wrap up your Wednesday, both political parties' presumptive nominees are facing uncertainty, as Donald Trump seeks to secure Paul Ryan's endorsement and Hillary Clinton dodges official criticism of her private email use.
1 min read · 25 May 2016
Connected-car service Zubie raised $6 million in additional funding from Melody Capital Partners and existing investors OpenAir Equity Partners, Castrol innoVentures, Comporium, Nokia Growth Partners, and Magna. Headquartered in Charleston, North Carolina, Zubie provides telematics products to insurance companies, fleet operators, and mobile carriers.
1 min read · 25 May 2016
Tricent Capital acquired Customer Discovery Ninja, an online business development company. Customer Discovery Ninja will be incorporated into StartupTraining.com, Tricent's entrepreneurial education course
2 min read · 25 May 2016
Wincove Private Holdings, LP acquired Bluff Manufacturing, a provider of material handling and warehouse safety equipment to companies in the Americas. Terms of the deal were not disclosed. Wincove is an investment holding company with offices in Boston and New York, which makes long-term investments in partner companies.
2 min read · 25 May 2016
Menlo Ventures led a $50 million round of growth funding in eero inc., a provider of home WiFi systems. Index Ventures also participated, along with existing investors including First Round Capital, Shasta Ventures, Redpoint Ventures, and Playground Global. The company's total funding is now over $90 million.
1 min read · 25 May 2016
Signia Venture Partners led a $5.1 million funding round in Scoop Technologies, with participation by Index Ventures, BMW i Ventures and Workday Ventures. Scoop is a mobile application that facilitates carpooling by partnering with employers and matching commuters.
1 min read · 25 May 2016
