Private Equity
Tech: More raves and faves from CES Ca-Ching: Drugmaker NextWave Pharmaceuticals gets a $45M Series C Selling: AIG unloads its Taiwan unit Stocks: Foreign markets up, U.S. shares poised for a lift
1 min read · 12 January 2011
Hal Rosser took his son and split from his longtime partners at Bruckmann, Rosser & Sherrill, at a key time to start evaluating deals in the consumer and retail space. “We think the economy is turning,” Rosser told peHub. “There will continue to be lots of opportunities.” Rosser Capital Partners, which plans to be located in Greenwich, Conn., is still looking for a placement agent, and Rosser said he expects to select one by the close of the first quarter.
2 min read · 11 January 2011
Facebook Showdown: Return of the Winklevosses Back in Business: GM eyes former auto loan business, Ally Financial Fundraising: Adknowledge pulls a whopping $45 million Snitchin’: Now including alleged insider trading from a PE deal!
1 min read · 11 January 2011
California-based Confidela, the maker of document protection and tracking system WatchDox, wrapped a $9.25 million round of funding from existing investors Gemini Israel Funds and Shlomo Kramer, as well as new contributor Shasta Ventures. The funding, announced Tuesday morning, is the company’s second round; Gemini and Kramer (one of the founders of Check Point and Imperva) had injected $5.5 million into the startup from which, according to Adi Ruppin, the company’s VP of business development, Confidela has some reserves remaining from the initial investors. But not for long.
1 min read · 11 January 2011
3 min read · 10 January 2011
Going nuclear: Duke Energy & Progress near a deal and could develop on nuclear ambitions Shares: Earnings season could kick off the winter of investors’ discontent and foreign markets take a slight slide Deep Breaths: Ok, now realize that this is nonsense and Facebook isn’t closing Verizon: Yes, Steve Jobs, we can hear you now
1 min read · 10 January 2011
Before the draft, there’s typically a champion anointed, no? We will do the same with peHub.com’s Internship Draft and send at least one of you into the off-season with your head held high. The contest is open to all peHUB readers, and the pick’em champ will get a Premium Membership to peHUB, which includes one year of complimentary access to our editorial archive—well worth the cost of admission, which is absolutely nothing. Patriots fans employing Belichick tactics of copying off colleagues’ tests will be punished most harshly. First, you’ll need a Yahoo account (or, just wipe the cobwebs off your existing one). Then, go to http://football.fantasysports.yahoo.com/pickem/85366. Once there, you’ll have to join our group; the ID is (85366, or peHub.com NFL Playoffs) and the password is ‘enture.’--yes, I left off the 'v,' apparently, for those of you e-mailing with questions.
2 min read · 07 January 2011
Pack your bags: China’s welcoming outsiders Dealing: Boston Scientific strikes a deal with Intelec Medical Going public?: Well, this might pan out just the way Goldman hoped Shares: Good news on jobs, mixed news on stocks
1 min read · 07 January 2011
Svoboda Capital Partners invested in Databank IMX through its second fund and the private equity firm is planning to make additional acquisitions to support the data management and outsourcing company’s growth. Already, Svoboda Capital has big plans for its latest buy, which it announced Thursday. Although they declined to specify their stake in Databank IMX (the company’s management team, including CEO Dick Aschman, is also retaining a stake in the organization), Svoboda is planning to make multiple buys to support the data manager’s geographic expansion, according to Rick Harpster, a principal with the PE firm. Databank IMX has locations in Maryland, Massachusetts, Indiana, Texas, Louisiana and California.
2 min read · 07 January 2011
Going public: LinkedIn, and it’s nice to see a company that’s not dilly-dallying Raising capital: Tapjoy scores some serious dough The unthinkable: Two years ago, you’d have never seen this headline Going greener: Chinese solar energy company builds itself with a deal
1 min read · 06 January 2011
