I've been a business reporter for a while. I've covered Wall Street, venture capital and now private equity. I'm always looking for a scoop or something to talk about. I'm the eternal optimist and am still waiting for the Chicago Cubs to win the World Series. Yes, I believe.
Alphamab Oncology said May 28 that it raised a $60 million Series B round led by Hudson Bay Capital Management LP. New investors including entrepreneur Adrian Cheng participated in the round, which included existing institutional investors such as China Venture Capital Fund (CVC), PAG, and Advantech Capital. Alphamab Oncology, of China, is a biopharmaceutical company developing biologics for cancer therapy.
6 min read · 28 May 2019
HarbourVest is investing in Travelstart. Financial terms weren’t announced. Travelstart is a leading online travel company in Africa.
2 min read · 28 May 2019
CVC Capital Partners is holding talks with rival buyout firms to sell UK appliance insurer Domestic & General Ltd, while also exploring a public listing of the business, Sky News reported. Apax Partners, Centerbridge and Warburg Pincus are among several PE firms that has been negotiating with CVC, the story said. D&G could sell for $1.59 billion, Sky said.
1 min read · 28 May 2019
Domain Therapeutics said May 28 that it secured a 3.5 million euros ($3.9 million) investment from existing shareholder Seventure Partners. Domain is a French biopharma company that is involved in the discovery and early development of programs targeting membrane receptors in central nervous system (CNS) disorders, oncology/immuno-oncology and rare diseases.
3 min read · 28 May 2019
Domain Therapeutics said May 28 that it secured a 3.5 million euros ($3.9 million) investment from existing shareholder Seventure Partners. Domain is a French biopharma company that is involved in the discovery and early development of programs targeting membrane receptors in central nervous system (CNS) disorders, oncology/immuno-oncology and rare diseases.
3 min read · 28 May 2019
Gold Medal Group, a portfolio company of Kinderhook Industries LLC, said May 28 that it acquired Earthtech Contracting Inc. Financial terms weren’t announced. Earthtech, of Woodbine, New Jersey, provides trash and recycling collection services to residential and commercial customers across southern New Jersey.
3 min read · 28 May 2019
Global Payments and Total System Services have agreed to merge in a deal that will create a combined company worth $40 billion, CNBC reported. Jeffrey Sloan, CEO of Global Payments, will run the combined company, the story said.
1 min read · 28 May 2019
4 min read · 28 May 2019
2 min read · 24 May 2019
Belcan LLC, a portfolio company of AE Industrial Partners LP, said May 23 that it invested in Robot Morning. Financial terms weren’t disclosed. Robot Morning, of Cincinnati, provides aerospace supply chain software and automation solutions.
3 min read · 23 May 2019
