LDiscovery LLC, the Virginia-based technology-based e-discovery solutions firm, has partnered with Westview Capital Partners, the Boston-based private equity firm, for a recap, the company announced. Specifics of the transaction were not revealed.
2 min read · 06 October 2011
KDC Solar will team with SunDurance Energy and the County of Middlesex, NJ, to develop a solar installation in New Jersey. Middlesex County will increase to $1.15 million annually, for a 15-year contract, its contribution to the project once operations. KDC Solar is supported by an allocation of $225 million in equity from Diamond Castle Holdings, a New York-based private equity fund.
3 min read · 06 October 2011
CI Capital Partners, the New York private equity firm, will acquire Interactive Health Solutions Inc., the provider of health and wellness solutions for terms undisclosed. MidCap Financial, Solar Capital and PennantPark Investment Corporation provided financing for the transaction.TripleTree LLC acted as financial advisor to IHS. Pepper Hamilton LLP provided legal counsel to IHS and Paul, Weiss, Rifkind, Wharton & Garrison LLP provided legal counsel to CI Capital.
3 min read · 06 October 2011
1 min read · 06 October 2011
2 min read · 06 October 2011
The Saga Continues: More fallout at UBS over trading gaffe Seeking Oversight of cheetah traders Might As Well Make a Movie out of That, Too! Michael Lewis backs #OccupyWallSt Going Long: Going wrong. Embarrassing emails over Solyndra emerge How Do You Solve a problem like Lebanon's Internet issues?
1 min read · 06 October 2011
Corporate VC isn’t dead in Europe. No, really. Dealing: AC Moore goes private Getting Greener: GM recycles more of its waste Yawn: Apple’s latest fails to impress Yikes: Dexia’s exposure to Greek debt threatens its stability Yer Doin’ it Right: Washington works toward budget compromise
1 min read · 05 October 2011
CV Ingenuity, the privately-held medical device company, has raised $16 million led by VC New Enterprise Associates. Existing investors BioStar Ventures, Synergy Ventures and Western Technology also participated in the round.
3 min read · 04 October 2011
MocoSpace, the online gaming platform, acquired Geocade, a location-based social games platform. Geocade founder and CEO Jim Caralis will join MocoSpace as vice president of MocoSpace’s HTML5 game platform. Specifics on the transaction were not publicized.
3 min read · 04 October 2011
Tri-State Generation and Transmission Association, the not-for-profit wholesale energy provider, acquired a 272-megawatt natural gas-fired combined cycle power plant in Fort Lupton, Colo., from Starwood Energy Group. Starwood is an affiliate Connecticut-based private investor Starwood Capital Group. Specifics of the deal were not publicized.
3 min read · 04 October 2011