In what could be a boon for PE firms, President Obama is throwing his support behind natural gas extraction, AKA “fracking.”
3 min read · 03 February 2012
German-based flaregames, the mobile gaming company, announced it has secured EUR6 million in financing led by Accel Partners, the company’s “initial” round. Funding will be used to scale the company.
2 min read · 02 February 2012
2 min read · 02 February 2012
We’ve Got the Good Stuff: Subscribe to the peHUB Daily Wire From the Can: Toilet texting on the rise Stylistpick snaps up the bucks AXA packs on the cash There’s still a deal on for Iceland Foods
1 min read · 02 February 2012
Steve Case says the early stage of the social commerce revolution is upon us Romney by a Nose! And a few legs, too. The Obama Administration looks to support startups This, Yes specifically this is the day Ice Cube was referring to. It was a good day. Next up: who can find Kim? Less Americans own less homes that are worth less Carlyle Sells Housing Development Finance Corp shares Crunchie Awards: Best new start-up goes to Pinterest That's One Small Step and one giant leap for Vertex Too Little, Too Late? Sony appoints CEO at last Leasing Leads the Way: Why buy the latest smartphone when you can lease it? Here We Go... Facebook to file $5 billion IPO today
1 min read · 01 February 2012
1 min read · 31 January 2012
Ho-broken! Corzine to deal penthouse HuffPo not feeling the love? Prairie Capital talks middle market M&A NY State goes after OWS’ Twitter account Housing in Distress: Private equity jumps in Girl Power: Horlick unveils Rockpool Investments Bon Appetit: Sigma raises a glass to MOGL funding Dragonfish powers Caesars' private poker brands in the US The Sun Shines on Canadian oil explorer IPO It's All in the Screen: Touchscreen film maker gets new CEO and secures Samsung Venture funds LA Dodgers on the Block: Bidders line up
1 min read · 31 January 2012
Acton Capital Partners, the Munich-based growth equity investor, led a $6 million Series B round in Clio, the cloud-based management solutions provider for legal industry clients. Existing investors, including Point Nine Capital, participated in the funding as well.
3 min read · 30 January 2012
2 min read · 30 January 2012
Pep Boys, the listed Philadelphia-based aftermarket automotive parts and service retail chain, will be acquired by The Gores Group in a $1 billion deal. BofA Merrill Lynch is acting as the exclusive financial advisor to Pep Boys and has provided a fairness opinion to the Board of Directors of Pep Boys in connection with the transaction. Morgan, Lewis & Bockius LLP is acting as legal advisor to Pep Boys. Credit Suisse Securities (USA) LLC, Barclays Capital, and Sagent Advisors are acting as financial advisors to The Gores Group. Skadden, Arps, Slate, Meagher & Flom LLP is acting as legal advisor to The Gores Group.
4 min read · 30 January 2012
