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.
Kogniz said Oct. 16 that it raised $4 million in a seed round led by The Entrepreneurs’ Fund. Also participating were Tom Chavez, Auren Hoffman, and other investors focused on machine learning and artificial intelligence. Kogniz, of San Francisco, is developing a suite of products that use computer vision and AI to enhance security, safety and efficiency in any physical environment.
3 min read · 16 October 2018
Centre Partners said Oct. 16 that it invested in Guy & O'Neill Inc. Financial terms weren’t announced. Guy & O’Neill, of Fredonia, Wisconsin, makes and develop household cleaning and personal care products.
3 min read · 16 October 2018
Kevin Shin and Tiki Barber, the former New York Giants running back, have launched Grove Group Management. Shin is a former NewOak Capital executive. Grove, of New York, will provide capital and expertise to growth companies in the cannabis industry.
4 min read · 16 October 2018
DS Services, a subsidiary of Cott Corp, has acquired Mountain Valley Spring Co for $78.5 million from Great Range Capital. Mountain Valley is a brand of spring and sparkling water.
4 min read · 16 October 2018
Hanwha Solar Holdings Co Ltd, a subsidiary of Hanwha Chemical Corp, has agreed to buy Hanwha Q CELLS Co Ltd in a deal valued at about $825 million. Hanwha Q Cells, of Seoul, South Korea, makes solar cells and modules. Hanwha Q CELLS is owned by Hanwha Group.
5 min read · 16 October 2018
Syncron said Oct. 16 that Summit Partners has made a $67 million minority investment. Syncron, of Stockholm, provides cloud-based after-sales service solutions for manufacturers.
4 min read · 16 October 2018
2 min read · 15 October 2018
NEA to spin out startup investments from older funds; HGGC, GA merge portfolio cos to fight Amazon effect; Hicks Family office PE arm raises funds for food and beverage
2 min read · 15 October 2018
TransPacific Group said Oct. 15 that Akito Hattori has joined the firm as a director in its Hong Kong office. Most recently, Hattori was with HarbourVest Partners Japan, where he focused on Japanese business development.
2 min read · 15 October 2018
Global, the U.K. radio group, has agreed to buy Exterion Media Group. Platinum Equity is the seller. Exterion, of London, provides media solutions including billboards, displays on buses and national railways. The deal was valued at 450 million pounds to 500 million pounds, according to press reports. Mark Boidman of PJ Solomon, along with Goldman Sachs, advised Exterion.
3 min read · 15 October 2018
