Private Equity
Ware Sykes, formerly an executive with workforce talent site TheLadders, has been named CEO of Pittsburgh, Pennsylvania-based mobile restaurant management seating company NoWait. Birchmere Ventures backs NoWait.
3 min read · 04 January 2013
Leap Motion, the California-based maker of motion-control software and hardware, completed a $30 million round from investors including Highland Capital Partners. Next, the company will use funding for the retail launch of its Leap Motion controller.
2 min read · 04 January 2013
AstroSpar, a California-based maker of commercial and military aerospace equipment, is being acquired by PRV Aerospace, a portfolio company run by Court Square Capital Partners. GE Antares Capital and Ares Capital provided debt for the transaction.
2 min read · 04 January 2013
HIG Capital, the Florida-based PE firm, announced its affiliate has recapped Big Tex Trailer Manufacturing, a Texas-based trailer maker. Specifics of the deal were not made public. Legacy Capital Advisors advised Big Tex.
3 min read · 04 January 2013
Segulah IV LP, a Stockholm-based private equity firm, has struck a deal to acquire Beerenberg Holding AS, an oil and gas maintenance services firm working on the Norwegian Continental Shelf. Norwegian PE firm Herkules Capital and the company’s management are the sellers. Specifics on the deal were not publicized.
2 min read · 04 January 2013
Kicking it off for the weekend already! We've got digital ad revenue surpassing print--Whhhaaaaa!?!?--martian rocks and e-books, to close out the abbreviated work week.
1 min read · 04 January 2013
Hotel search engine Room 77 wrapped up a $30.3 million Series C round, the company revealed, including new investor Expedia. VCs Sutter Hill Ventures, General Catalyst Partners, Concur Technologies and Felicis Ventures participated in the deal, and Expedia founder Rich Barton, former Expedia CEO Erik Blachford and Zillow CEO Spencer Rascoff also participated. The California-based company has raised almost $44 million to date.
3 min read · 03 January 2013
The IPO market? Yawn. (Thanks, Facebook.) Cleantech? Yikes! 2012 didn’t exactly play out like the pundits predicted, but there are a few sectors that VCs craved, just like always...
2 min read · 03 January 2013
Sateesh Andra, former venture partner with DFJ India, has left to join VentureEast, where he will lead a new fund in India.
1 min read · 02 January 2013
Closing out 2012, we've got some lists, a FFL pro talking shop and the most spied-upon people in the world (hint, it's probably you, dear readers...)
1 min read · 31 December 2012
