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.
The sale of Nestle SA’s skin-health business, which could fetch $8 billion to $10 billion, has hit the second round, Bloomberg reported. A consortium that includes Advent International, Cinven and GIC Pte, as well as KKR & Co and EQT Partners are among the firms brought through to the second round, the story said. L’Oreal SA, Unilever NV and Carlyle Group LP were also invited, Bloomberg said.
1 min read · 13 March 2019
Therapixel said March 13 that it raised a 5 million euros ($5.6 million) Series A round co led by Omnes and M Capital Partners. The pool of investors include Région Sud Investissement (managed by Turenne Capital), IT-Translation and Credit Agricole (Creazur). Therapixel is developing AI-based algorithms for breast cancer screening.
5 min read · 13 March 2019
New World Capital Advisors said March 11 that it invested in IslamicMarkets. Financial terms weren’t announced. IslamicMarkets provides financial intelligence, e-learning and investment platform focused on the global Islamic economy.
3 min read · 13 March 2019
SK Capital Partners said March 13 that it promoted Stephen d’Incelli to managing director and Lee Karras to director.
2 min read · 13 March 2019
U.S. Urology Partners, backed by NMS Capital, has acquired Central Ohio Urology Group. Financial terms weren't announced. Central Ohio Urology, of Gahanna, Ohio, provides urological services, including men’s health, women’s health, cancer care, advanced treatment options for bladder and prostate cancer, and radiation oncology.
3 min read · 12 March 2019
Arcline said March 12 that it closed its debut fund on $1.5 billion. LPs include university endowments, sovereign wealth funds, family offices and charitable foundations.
1 min read · 12 March 2019
137 Ventures said March 12 that its fourth fund closed on $210 million. Ching Wu joined 137 as an operating partner and head of investor relations, while the firm promoted Andrew Hansen to operating partner, COO and CFO. 137 ventures, of San Francisco, provides liquidity solutions to founders, investors, and early employees of high-growth companies.
3 min read · 12 March 2019
Monroe Capital LLC said March 12 that it provided a loan to support Southfield Capital’s buy of Protos Security and Securitime. Financial terms weren’t announced. Protos, of Roanoke, Virginia, provides tech-enabled, managed security guard services.
2 min read · 12 March 2019
Invex Capital said March 12 that it invested in Isebox. Financial terms weren’t announced. Isebox distributes campaign videos, images and literature to media and press.
2 min read · 12 March 2019
Kinderhook Industries LLC said March 12 that it acquired RR Manufacturing LLC and Rocky Ridge Transportation LLC. Financial terms weren’t announced. RR Manufacturing and Rocky Ridge are OEM authorized specialty vehicle manufacturer for light-duty pickup trucks.
2 min read · 12 March 2019
