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.
ClearCourse Partnership LLP, which is backed by Aquiline Capital Partners, said April 25 that it acquired NetXtra. Financial terms weren’t announced. NetXtra, of Bury St Edmunds, England, provides membership software/services and digital capabilities to the membership, events & bookings and sports & leisure sectors.
2 min read · 25 April 2019
Alantra said April 25 that its private debt team invested 20 million euros ($22.2 million) in Onetime, a logistics company that provides personalized services to large corporations. The investment comes from Alantra´s Debt Fund II, which is seeking to raise
3 min read · 25 April 2019
Great Hill Partners said April 24 that Derek Schoettle has joined as an operating partner. Schoettle is the former CEO of ZoomInfo.
2 min read · 24 April 2019
Turning Rock Partners said April 22 that it sold its stake in Capital Square 1031. Financial terms weren’t announced. Management of the company acquired Turning Rock’s preferred equity stake. Capital Square is a real estate investment sponsor and asset management firm that provides recurring services to its clients.
2 min read · 24 April 2019
HCAP Partners said April 23 that it invested in Mission Healthcare. Financial terms weren’t announced. Mission Healthcare, of San Diego, is a home health and hospice services provider.
3 min read · 24 April 2019
TA Associates said April 23 that it hired Andrew Tay as a senior vice president in its Hong Kong office. Tay was previously a vice president at Baring Private Equity Asia in the firm’s Singapore office.
3 min read · 24 April 2019
Hitachi Ltd said April 23 that it agreed to buy the robotic SI business operated by JR Automation Technologies LLC. Crestview Partners is the seller. The acquisition price for JR Automation is $1.425 billion. JR Automation, of Holland, Michigan, builds production lines and logistics systems using industrial robots.
6 min read · 24 April 2019
Tellus LLC has raised a Series B round led by Carroll Capital LLC. Existing and new investors took part in the fundraise. Canadian Imperial Bank of Commerce provided debt. Tellus, of Deerfield, Florida, provides electronic visit verification software to home health and long-term care markets. Bailey Southwell & Co provided financial advice to Tellus.
2 min read · 24 April 2019
Sherpa Capital said April 24 that acquired a majority stake in Luxiona. Financial terms weren’t announced. Aurica and Caixabank are the sellers as well as Luxiona’s founding family, which will retain a stake. Luxiona, of Madrid, is a Spanish lighting solutions company with factories in Spain, Poland, Mexico, China and Peru.
3 min read · 24 April 2019
Centerbridge Partners LP is in talks to buy Advisor Group, which could sell for more than $2 billion, Bloomberg reported. Lightyear Capital and Public Sector Pension Investment Board of Canada are the sellers, the story said.
1 min read · 24 April 2019
