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.
SCA Performance Inc, a portfolio company of Kinderhook Industries LLC, said March 25 that it acquired Rocky Mountain Truckworks. Financial terms weren't announced. Rocky Mountain, of Fort Collins, Colorado, is an OEM authorized specialty vehicle maker for light-duty trucks.
2 min read · 25 March 2019
To start your week, we have word that Apple's new streaming TV service will charge $9.99 a month each for HBO, Showtime and Starz and Robert Mueller's investigation found no evidence that President Trump or any of his aides coordinated with the Russian government’s 2016 election interference. Plus, Dr. Dre boasts his daughter got into USC on her own.
1 min read · 25 March 2019
Skymind said March 22 that it raised $11.5 million in Series A finding led by TransLink Capital. Participating in the round were ServiceNow, Sumitomo’s Presidio Ventures, UpHonest Capital, and DCode with GovTech Fund. Early investors Y Combinator, Tencent, Mandra Capital, Hemi Ventures, and GMO Ventures, also joined the round. Skymind is an open-core data science company.
4 min read · 25 March 2019
MedMen Enterprises Inc said March 22 that it is receiving a $250 million credit facility from Gotham Green Partners. MedMen, a cannabis retailer, said it will use net proceeds from the loan to fund future capital needs of the business.
9 min read · 25 March 2019
Onex Corp said March 22 that it agreed to buy Gluskin Sheff for C$14.25 per share or about C$445 million. Gluskin Sheff is a Canadian wealth management firm.
5 min read · 25 March 2019
SightMD, a portfolio company of Chicago Pacific Founders, said March 22 that it is partnering with Peconic Ophthalmology. Financial terms weren’t announced. The deal adds one physician, Louis Pizzarello, M.D., and two locations in Riverhead and Southampton, New York, to SightMD.
3 min read · 25 March 2019
2 min read · 22 March 2019
Evox Therapeutics Ltd said March 22 that it secured 1.5 million pounds ($1.98 million) in funding from Innovate UK through the Biomedical Catalyst Early Stage Award. Evox, of the U.K., is an exosome therapeutics company.
4 min read · 22 March 2019
Fiera Capital Corp said March 22 that it agreed to buy Integrated Asset Management Corp. The equity value of the deal is $74 million. Integrated, of Canada, is an alternative asset manager.
10 min read · 22 March 2019
La Caisse de dépôt et placement du Québec said March 21 that it acquired a minority, 27 percent, of Hilco Trading LLC. Financial terms weren’t announced. Hilco, of Chicago, is a diversified financial services company.
3 min read · 21 March 2019
