Private Equity
What's on peHUB readers' minds as we close in on the holidays? Private equity rankings, fundraising scoops and startup news. Here's our top 10.
1 min read · 23 December 2012
Tapit Media completed a $2.3 million round of fundraising from investors including MPC Ventures Pty Limited to develop its NFC content delivery. Tapit was founded in 2011 and is based in Australia.
4 min read · 21 December 2012
MEI Conlux Holdings and affiliates have been sold from Bain Capital and Advantage Partners in an $820 million exit to Crane Co., a listed, Connecticut-based manufacturer of engineered industrial products.
5 min read · 21 December 2012
Pinnacle Entertainment, the Las Vegas-based gaming company, will acquire Ameristar Casinos, in a deal with an enterprise value of about $2.8 billion.
5 min read · 21 December 2012
Bad news for RIM, the GOP goes cliff-diving and big bets line up against Herbalife... that's how we close out the week this Friday at peHUB.
1 min read · 21 December 2012
Lazada, the online retailer for Southeast Asia, received €20 million in its German holding company from growth equity investor Summit Partners. The company will use funds to further its growth.
3 min read · 20 December 2012
Odfjell, the tank storage company, is expanding its joint venture with Lindsay Goldberg to include substantially all of the company’s tank terminals business globally. The PE firm will acquire a 49% interest in Odfjell Terminals BV, which is the holding company for all of Odfjell’s tank terminals activities and Lindsay Goldberg will ”contribute its 49% share of the existing joint venture as well as a cash contribution to OTBV of approximately USD 226 million,” according to a statement.
3 min read · 20 December 2012
CardinalCommerce, the Ohio-based enabling remote commerce company, completed a minority stake deal with Primus Capital Funds. The PE firm will also join CardinalCommerce’s board as part of the deal.
3 min read · 20 December 2012
Pouschine Cook Capital Management, the New York-based lower middle market private equity firm, has struck a deal to recap Griswold Home Care, a nationwide home care franchisor. Specifics of the deal were not publicized. Griswold was founded in Pennsylvania.
2 min read · 20 December 2012
It's sharing time at the holidays! But do you really want Netflix sharing your history? Plus, privacy rules and political cartoons, all for the Thursday First Read.
1 min read · 20 December 2012
