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.
Tikehau Capital and Bpifrance said April 4 that they are investing 38 million euros ($42.67 million) in Addev Materials. Tikehau made the investment through its pan-European minority growth equity fund. Addev, of Lyon, France, is an industrial company that specializes in the conversion and custom cutting of high-performance materials like insulation, technical films, adhesives, foams.
4 min read · 04 April 2019
Tioga Medical said April 4 that it raised $15 million in Series A financing led by The Capital Partnership. Cormorant Healthcare Fund, AMED Ventures, and Shangbay Capital participated in the round. Tioga Media, a Shifamed portfolio company, provides valve replacement solutions for mitral and tricuspid applications that aim to be simpler and less invasive.
2 min read · 04 April 2019
Intervale Capital said April 4 that it sold Epic Lift Systems to Tally Energy Services. Financial terms weren’t announced. Epic, of Fort Worth, Texas, provides plunger lift, gas lift and complementary compression solutions, serving hundreds of customers from 16 locations across the U.S.
2 min read · 04 April 2019
Yukon Partners said April 4 that it made a mezzanine investment in Corsearch Inc, a portfolio company of Audax Private Equity. Financial terms weren’t announced. Corsearch, of New York, provides trademark and domain management services to corporate legal departments and law firms.
1 min read · 04 April 2019
Astarte Capital Partners said April 4 that Nick Clayton has joined as an investment director, while Shaun Allan joined as an investment associate. Clayton most recently worked for BlackRock while Allan was with RBC.
3 min read · 04 April 2019
3 min read · 03 April 2019
Carlyle Group has overhauled the management of its UK flagship fund, the Financial Times reported. Zeina Bain, one of Carlyle’s most senior female executives in Europe, left the PE firm on Friday, while Andrew Burgess was appointed a senior adviser, the FT said. Bain is joining competitor ICG in September, the story said.
1 min read · 03 April 2019
IA Capital Group said April 3 that it raised $150 million across three funds. They include Inter-Atlantic Stonybrook Insurtech Ventures, Inter-Atlantic G Fund and Inter-Atlantic Ivy. IA Capital, of New York, focuses on insurtech. Stonybrook Capital acted as placement agent to Inter-Atlantic Stonybrook Insurtech Ventures.
2 min read · 03 April 2019
David Schechner has joined JMP Securities as a managing director in its healthcare investment banking group. Schechner was previously with Robert W. Baird & Co, where he led biotechnology, pharmaceutical, and pharmaceutical services.
2 min read · 03 April 2019
Kellermeyer Bergensons Services LLC, a portfolio company of GI Partners, said April 2 that it acquired Capital Contractors Inc. Financial terms weren’t announced. Capital Contractors, of Islandia, New York, provides contract cleaning as well as exterior and related services to the education, hospitality, healthcare, commercial, retail and industrial end markets.
3 min read · 03 April 2019
