Private Equity
2 min read · 28 March 2011
The Riverside Company added Mitco Inc. to its DuBois Chemicals asset. Based in Grand Rapids, Michigan, Mitco is the third add-on acquisition for Cincinnati, Ohio-based DuBois. Riverside partnered with KeyBank (as Agent), U.S. Bank and TriState Capital Bank who provided all of the financing for the transaction. Jones Day provided legal counsel on the deal.
2 min read · 28 March 2011
Chimerix Inc., the VC-backed pharmaceutical company, has brought Timothy Trost on board as a senior vice president and as its financial chief. Trost has more than 30 years’ experience, and will report to Kenneth Moch, the company’s president and CEO. Trost has previously served for companies that either went public or were sold to a listed entity.
3 min read · 28 March 2011
Web site TechCrunch.com reports today that Israel-based startup Wix has raised $40 million from a group of investors. Mangrove Capital Partners, DAG Ventures, Benchmark Capital, Bessemer Venture Partners and Insight Venture Partners were reported to have participated in the round. This brings Wix’s fundraising total to $61 million, the site reported. Link here.
1 min read · 28 March 2011
3 min read · 28 March 2011
Signaling a continued interest in striking deals on the other side of the Atlantic Ocean, Boca Raton, Fla.-based Sun Capital Partners is shifting senior managing director Michael Kalb from the U.S. to the U.K. Kalb is one of Sun Capital’s longer-tenured execs. He joined the investment firm in 1999 and, according to Sun’s Web site, has been responsible for over 45 investments of Sun Capital's portfolio investments.
1 min read · 28 March 2011
Will the Apollo IPO… Pave the way for more? Are we heading back to 1999? We’ll know once the bubble pops! New Yorkers! Beware of poisonous cobra. Gift baskets, pre-packed: Harry & David files Chapter 11
1 min read · 28 March 2011
Proxy Fight? Take it to Twitter! Who You Callin' Yeller? Yellow Media to Apax Partners for $745M Ripped: A band of former White House economic advisors issue warning on the 2011 federal budget Research in Trouble: RIM’s growth is still a disappointment
1 min read · 25 March 2011
Got our emails? Get our emails. And, tweets. Groupon: Sees falling revenue, according to TechCrunch We Expected This in China: PE bids in China for Shanghai Motel Management TomTom: Mapping units not for sale! Let’s… Merge airlines!
1 min read · 24 March 2011
2 min read · 23 March 2011
