Private Equity
The Carlyle Group, the listed, Washington-based private equity firm, is making a talent acquisition from Cogentrix Energy LLC, the power producer it acquired earlier this month from The Goldman Sachs Group. The PE firm is appointing Robert Mancini as MD and co-head of its infrastructure fund alongside Robert Dove. Mancini will join Carlyle formally once the deal has completed.
3 min read · 17 September 2012
SenSage’s deal, where the data and analytics company was announced to be selling to KEYW Corp. for a maximum price of $34.5 million—providing targets are achieved—might be hailed as a win in some circles, but, according to Thomson Reuters data, the exit in fact has some VCs getting kicked in the IRR.
2 min read · 17 September 2012
KKR, Beecken Petty O’Keefe & Co. and Coastwood Senior Housing Partners are going to acquire Sunrise Senior Living for about $130 million from Health Care REIT, the listed, Ohio-based real estate investment trust. Health Care REIT will invest $26 million for a 20% interest in the new entity.
4 min read · 14 September 2012
What was on the menu this week at peHUB? Well, we've got one busy VC, another fundraising batch of GPs and some folks who just can't wait to start deploying all that capital. Have a gander.
1 min read · 14 September 2012
Kinderhook Industries, the New York-based private equity firm, announced the acquisition of a new platform investment in Rizzo Environmental Services, a Michigan-based municipal solid waste company. Specifics of the deal weren’t publicized. Comerica provided financing.
2 min read · 14 September 2012
Akamai Technologies, the listed, Massachusetts-based tech company, will acquire FastSoft in a cash transaction. FastSoft backers include Miramar Venture Partners. Other deals for Akamai over the last 12 months include Blaze Software Inc. and Cotendo, Inc.
3 min read · 14 September 2012
ABT Molecular Imaging, a medical imaging company, has raised $6 million from River Cities Capital (which led the round), Mountain Group Capital, and Intersouth Partners. Rik Vandevenne of River Cities will join the company’s board.
3 min read · 14 September 2012
Sensage Inc, the California-based data and analytics company, will be acquired by KEYW Corp., the listed, Maryland-based company. KEYW will pay $18 million and up to $16.5 million in common stock to Sensage backers. About $10 million is contingent on 2012 targets. Sensage backers include, FTV Capital Mitsui Ventures, MMV Financial, Sierra Ventures and Battery Ventures.
5 min read · 14 September 2012
SendtoNews, a news agency with operations in the US and Canada, has landed $3 million in VC funding from a BC-based investment group affiliated with RevenueWire: Don Wharton, Elton Pereira, Adrian Pereira and Myron Pereira. The company will roll out a sports video network next.
2 min read · 14 September 2012
Lerer Ventures, the New York City-based venture capital firm, is raising a $30 million fund, according to a filing with the Securities and Exchange Commission. It will be the VC’s third fund, prior funds were for approximately $25 million and $8 million.
1 min read · 14 September 2012
