Private Equity
To conclude your Tuesday, Goldman Sachs is looking to buy stakes in private equity firms, and two automakers are investing in the ridesharing business.
1 min read · 24 May 2016
Yelena Maltser has been elected as a partner of Sadis & Goldberg LLP, a New York law firm with practices in private equity and venture capital. Maltser, whose practice focuses on the structuring and forming of private investment vehicles, is a member of the firm's financial services and corporate groups.
2 min read · 24 May 2016
Real estate trust KBS Strategic Opportunity REIT II acquired Lincoln Court, a three-story office building in Campbell, California, for $51.5 million. KBS Capital Advisors, external advisor to KBS Real Estate Investment Trusts, is an affiliate of private equity real estate company KBS Realty Advisors.
2 min read · 24 May 2016
Technology and life sciences law firm Fenwick & West will launch its New York office in June. Mark Stevens and private equity chair Scott Joachim will lead the office, splitting their time between New York and Silicon Valley. Initial attorneys will include partners Daniel Brownstone (patent), Kristine Di Bacco (startup) and Ken Myers (M&A), as well as counsel Brian Hicks (startup).
4 min read · 24 May 2016
Royer Cooper Cohen Braunfeld LLC added attorneys Timothy J. Levy and Jessica L. Itzkowitz to the firm's Philadelphia office as counsel and associate, respectively. Levy's practice includes representing investors in venture capital, private equity and M&A transactions.
3 min read · 24 May 2016
San Francisco-based wealth management technology platform SigFig raised $40 million in financing. Venture capital firms Bain Capital Ventures, DCM Ventures, Nyca Partners, and Union Square Ventures participated, along with institutional investors including New York Life, Santander InnoVentures, and UBS. SigFig's total funding is now more than $70 million.
1 min read · 24 May 2016
Energy Spectrum Capital made a $100 million investment in BlueJack Energy Solutions, LLC through Energy Spectrum Partners VII LP. BlueJack provides waste stream management services to oil and gas producers in the Permian Basin and the Marcellus and Utica shale plays. The company has contracts with Laredo Petroleum Inc.
3 min read · 24 May 2016
Pharos Capital Group invested in Beacon Specialized Living Services, Inc., a provider of residential healthcare services in Michigan for people with intellectual and developmental disabilities. The firm partnered with founder Ken Ratzlaff and his family. Terms of the transaction were not disclosed.
3 min read · 24 May 2016
Pritzker Group Venture Capital and GE Ventures led an institutional financing round in SilverVue, a healthcare software company whose SilverSearch platform helps patients choose their post-acute care providers. Terms were not disclosed.
1 min read · 24 May 2016
Laboratory Supply Company (LABSCO), formerly a portfolio company of Frazier Healthcare Partners, was acquired by McKesson Corporation, which supplies products to the healthcare industry. The deal closed on May 13, 2016. Terms were not disclosed. LABSCO provides laboratory solutions to community hospitals and large physician offices.
1 min read · 24 May 2016
