Private Equity
Flat panel display technology company Kateeva raised $88 million in its Series E funding round. New investors, all located in China, were BOE, Cybernaut Venture, GP Capital Shanghai, Redview Capital, and TCL Capital. New board seats will be filled by executives from BOE, Redview, and TCL.
1 min read · 19 May 2016
Calgary, Alberta-based Avrio Capital Inc. announced three investments through its third institutional late stage venture fund, Avrio Ventures Limited Partnership III, totaling C$15 million of capital. These include Intelia Technologies Inc. and Alasko Inc., both based in Montreal, and Cadcan Marketing & Sales Inc. (operating as CheeCha Puffs), based in Calgary. Avrio invests in agriculture and food technology companies.
4 min read · 19 May 2016
Advertising software provider Mediaocean acquired ColSpace, a producer of cloud-based media management software. Headquartered in New York, Mediaocean is backed by majority stakeholder Vista Equity Partners, which invested in June 2015. Financial terms were not disclosed.
3 min read · 19 May 2016
Private equity firm ABRY Partners agreed to acquire a majority interest in Dallas-based Oliver Street Dermatology Holdings LLC, which does business as Dermatology Associates. This is the third healthcare practice management company ABRY has invested in, following FastMed Urgent Care and North American Dental Group, LLC. News of the deal was first reported by Buyouts Insider earlier this week.
3 min read · 19 May 2016
Dan Matkin, formerly assistant director at PwC, joined NorthEdge Capital as investment manager, following the recent closure of the firm's £300m Fund II. At PwC Matkin worked in the corporate finance and assurance divisions, leading several private equity transactions. NorthEdge focuses on investing in the North of England.
3 min read · 19 May 2016
TrustPoint Hospital, a behavioral health facility located in Murfreesboro, Tenneessee, was acquired by Acadia Healthcare. TrustPoint is a portfolio company of HCP & Company. Acadia Healthcare, headquartered in Franklin, Tennessee, operates a nationwide network of behavioral health facilities.
1 min read · 19 May 2016
NXT Capital provided financing for Regent Holding Company's acquisition of Illume, a producer of fragrance and personal care products. The additional funding came through an amendment and expansion of Regent's existing senior secured credit facility, provided by NXT when Regent was recapitalized by private equity firm Freeman Spogli & Co in October 2015.
2 min read · 19 May 2016
Prospect Partners, LLC announced the recapitalization of Waste Harmonics, LLC, in partnership with Chicago private equity firm Expedition Capital Partners, LLC. Based in Victor, New York, Waste Harmonics provides outsourced waste management services for North American companies. It's now the eleventh platform company in Prospect Partners III, L.P.
3 min read · 18 May 2016
Fenway Summer Ventures announced the hiring of Javier Saade as managing director. Saade previously worked at the U.S. Small Business Administration, following a twenty-year career at various investment and consulting firms. Fenway Summer is an early-stage venture capital firm focusing on services and technology in the financial sector.
3 min read · 18 May 2016
EAG Inc., a scientific services company majority-owned by Odyssey Investment Partners LLC, announced an investment in ABC Laboratories. EAG acquired ABC, which provides biopharmaceutical analysis for drug companies, in July 2015.
2 min read · 18 May 2016
