Eamon Murphy

Livingstone opens Los Angeles office of local M&A advisors

M&A and debt advisory firm Livingstone has opened an office in Los Angeles, the company announced. The new branch is staffed by longtime LA residents including partner Brennan Libbey, formerly head of business services at Houlihan Lokey.

Prime Risk Partners to buy Midwest agency Old National Insurance

Prime Risk Partners agreed to buy Old National Insurance, which will operate as ONI Risk Partners. The Midwest insurance agency will keep its existing offices and intends to expand. Prime Risk Partners will also acquire ONI subsidiaries JWF Specialty Co. and Employee Plans, LLC.

Bain and Vista buy insurance tech firm Vertafore from TPG

Bain Capital Private Equity and Vista Equity Partners will jointly acquire insurance technology company Vertafore from TPG Capital. The deal comes shortly after Vertafore's acquisition of two cloud software providers, Keal Technology and QQSolutions.

Altas closes debut 'long-term' fund on $1 bln

Altas Partners LP, the Toronto-based private equity firm with a long-term orientation, has completed a $1 billion fundraise. The fund, Altas Partners Holdings LP, was oversubscribed and closed at its hard cap.

PE HUB Second Opinion

To wrap up your Friday, Medivation rejects a $9.3 billion takeover offer by Sanofi, Berkshire Hathaway acquires Goodall Homes, and Google expands an experimental feature allowing companies to post content directly to its search results.

ARCH leads $34 mln Series A financing in Sienna Biopharmaceuticals

ARCH Venture Partners led a $34 million Series A financing in Sienna Biopharmaceuticals, Inc., which is pursuing new technologies in medical aesthetics and dermatology. Altitude Life Science Venture Partners, Partner Fund Management, and Venvest Capital also invested in the development stage company.

Webster's Epic Health Services buys Care Resources

Webster Capital-owned Epic Health Services Inc. has acquired Care Resources, which provides pediatric services for special-needs children. Epic, based only in Texas when Webster first invested in it in 2010, now operates in 17 states.

Mayfield raises $525 mln across two funds, eyes later-stage VC investing

Mayfield has raised $525 million from its limited partners across two new funds, one of which, Mayfield Select, will target later-stage venture investments, a first for the firm. The other, Mayfield XV, will continue its focus on early-stage venture investing.

Riverside buys Norvell Skin Solutions as add-on to Sunless Inc.

The Riverside Company has acquired Norvell Skin Solutions, provider of spray tanning systems for salons as well as consumer tanning lotions, as an add-on to its Sunless Inc. platform. Sunless sells automated spray-tanning systems and premium self-tanning products.

PE HUB Second Opinion

Second Opinion ends your day with news Google founders pass the torch, Priceline CEO resigns over office relationship and NY Times CEO faces discrimination allegations.