Private Equity
Rand Capital Corporation made a follow-on investment of $250,000 as part of a $1.75 million financing round in Empire Genomics, a molecular diagnostics company. Existing investor BroadOak Capital Partners led the funding round.
1 min read · 20 May 2016
Greg Roberts joined Birmingham, Michigan-based boutique financial advisory and business consultancy firm Van Conway & Partners LLC as senior managing director. Roberts has experience in restructuring and recapitalization in several industries. He was most recently executive director at Conway Mackenzie.
2 min read · 20 May 2016
Bloomfire closed a $12.8 million Series B funding from Austin Ventures. Based in Austin, Texas, Bloomfire provides a platform for sharing information among employees, as well as between marketers and customers.
1 min read · 19 May 2016
To wrap up your Thursday, some big names are implicated in a splashy insider trading case, and Uber's self-driving cars are cruising the streets of the Steel City.
1 min read · 19 May 2016
Private equity investor AE Industrial Partners, LLC acquired AC&A, LLC, which produces composite and metallic parts for the aerospace/defense and specialty automobile industries. Based in Lake Forest, California, AC&A is AEI's third platform acquisition in the last year, after Belcan, LLC and Kellstrom Materials.
3 min read · 19 May 2016
Liberty Mutual Global Consumer Markets announced a new venture capital initiative, Liberty Mutual Strategic Ventures, which will focus on technologies for homeowners. The $150 million early-stage fund's first investment is in August Home, a San Francisco-based producer of smart home access products.
1 min read · 19 May 2016
Grakon LLC, provider of lighting and electronics products for OEM vehicle manufacturers, acquired the business and assets of Hamsar Diversco, Inc. Grakon, headquartered in Seattle, is owned by Industrial Growth Partners.
2 min read · 19 May 2016
APCT Holdings, LLC, a portfolio company of Saugatuck Capital Company, acquired Tech Circuits, Inc. and sister company Source Technologies, Inc. APCT manufactures multilayer printed circuit boards. Saugatuck provided equity capital to acquire Tech Circuits and Source Technologies stock through Saugatuck Capital Company VIII LLC.
2 min read · 19 May 2016
Private equity firm Trilantic Capital Management L.P. announced the opening of an office in Austin, Texas. Chris Manning, managing partner of Trilantic North America and chairman of Trilantic Energy Partners, will oversee the office along with Glenn Jacobson, partner. In addition, Andy Hopping, vice president, and Phil Law, associate, have relocated to Austin.
2 min read · 19 May 2016
Pereg Ventures led a $5 million funding round in digital advertising platform STAQ. Other participants included Genecast, Core Capital, Kinetic Ventures, and Revel Partners.
1 min read · 19 May 2016
