Private Equity
Blogging platform Tumblr could soon take on new capital, adding to its valuation and arming it for its next phase of development as it courts advertisers for the first time.
2 min read · 05 November 2012
What have NBA fans got to be happy about this season? Well, for one, it will be a full slate in 2012-13. Also, we won't have David Stern running the NBA forever, we now know. For another, some will be cheering on PE & VC pros' new crown jewels well into the postseason--if they're lucky. Take a look at peHUB's prediction slideshow for investor-run hoops franchises.
3 min read · 05 November 2012
Leading off your Monday, peHUB has launched a community group page for folks who can volunteer, or donate, to support the victims of Hurricane Sandy. Please have a look!
1 min read · 05 November 2012
In this week's top 10, some personnel moves, performance posts and Hurricane Sandy news.
1 min read · 04 November 2012
How are we wrapping it up this week? LinkedIn lives large, Silicon Alley digs out, and NYC prepares to take on a new influx--this one, consisting of runners.
1 min read · 02 November 2012
Revolution LLC, the Washington, DC-based early stage venture capital investor, has brought in a pair of staffers to ramp up its dealmaking capacity, peHUB has confirmed. Over the last 12 months, Revolution LLC has increasingly been filling out its ranks.
1 min read · 31 October 2012
What've we got in the storm's aftermath? Lots of hurricane updates, a shake-up at Apple and some deals news.
1 min read · 30 October 2012
Patrick Siewert is joining the board of directors of listed, Illinois-based food company Mondelez International. Since 2007, Siewert has worked with Washington, D.C.-based private equity firm The Carlyle Group.
2 min read · 29 October 2012
ABB Concise Optical Group has been recapitalized by Los Angeles-based private equity firm Riordan Lewis & Haden. Specifics of the deal were not publicized. ABB is a Coral Springs, Florida-based distributor of soft contact lenses.
2 min read · 29 October 2012
New York private equity firm KPS Capital Partners has reached a deal to sell its North American Breweries Holdings LLC to Cerveceria Costa Rica in a deal worth $388 million. After forming the company in 2009, KPS would roll Labatt USA, Magic Hat, and Dundee, along with other brands, into the company’s platform.
4 min read · 29 October 2012