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.
KKR has agreed to invest in OneStream Software LLC. Financial terms weren’t announced. The investment values OneStream at over $1 billion. OneStream, of Rochester, Michigan, provides cloud or on-premise corporate performance management solutions for mid-sized to large enterprises.
4 min read · 07 February 2019
Campbell Lutyens said Feb. 7 that Peter Siapikoudis has joined the firm as an advisory director in Asia-Pacific. Siapikoudis most recently was a principal consultant and head of infrastructure at Frontier Advisors, an Australian asset consultancy.
3 min read · 07 February 2019
Earth Capital said Feb. 7 that it has exited the UK Energy Efficiency Investments Fund after the pool went public in December via a 100 million pound IPO. Other investors of the fund include Green Investment Bank, Earth Capital investee SDCL EEco LLP (‘SDCL’), the European Investment Bank and other institutional LPs. SDCL Energy Efficiency Income Trust acquired the assets of the Fund in conjunction with the IPO.
5 min read · 07 February 2019
2 min read · 06 February 2019
The American Federation of Teachers is encouraging pensions to consider avoiding private equity investments that profit from mass incarceration, Bloomberg reported. “Private prisons and private equity firms that invest in corrections companies are profiting from jailing people -- disproportionately people of color -- and are a major contributor to the United States’ world-leading incarceration rate,” said Randi Weingarten, AFT’s president, in the story.
1 min read · 06 February 2019
K1 Investment Management has acquired GoCanvas, according to the Washington Business Journal. K1 acquired the maker of mobile-friendly web forms for businesses for $100 million, the story said.
1 min read · 06 February 2019
Milani Cosmetics, a portfolio company of Gryphon Investors, said Feb. 6 it named David M. Berk as its CFO. Berk for the past 15 years has held senior positions at several divisions of L’Oreal USA.
3 min read · 06 February 2019
Z Capital Partners LLC said Feb. 6 that it acquired Techniks Tool Group. Financial terms weren’t announced. Techniks Tool, of Indianapolis, provides tool holding and workholding products used in CNC machine applications for industrial end markets.
3 min read · 06 February 2019
ClearCourse Partnership LLP, backed by Aquiline Capital Partners, said Feb. 6 that it acquired APT Solutions. Financial terms weren’t announced. APT Solutions, of Telford, UK, is a specialist supplier of membership software and services to clients mainly in the not-for-profit sector.
2 min read · 06 February 2019
Travel Tripper and Pegasus are merging in deal backed by Accel-KKR. Financial terms weren’t announced. Travel Tripper, of New York, and Pegasus of Scottsdale, Arizona, are hospitality technology providers. Regent, the Los Angeles PE firm, acquired Pegasus in 2014. Travel Tripper has raised angel funding from undisclosed investors, according to PitchBook.
4 min read · 06 February 2019
