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.
Post Capital Partners has acquired Smith Transportation Services LLC. Financial terms weren’t announced. Management is also investing. Smith Transportation, of Sunrise, Florida, is a third-party logistics and asset-light transportation services provider.
3 min read · 25 September 2018
Stewart Hanlon has joined Monroe Capital’s technology team as a managing director in its San Francisco office. Stewart will co-lead the firm’s technology vertical alongside Mark Solovy.
2 min read · 25 September 2018
Holmusk said Sept. 25 that it raised $9.75 million in pre-series A financing. Heritas Venture Fund took part in the round, including other new and existing investors. Holmusk, of Singapore, is a digital health and data analytics company.
3 min read · 25 September 2018
MAXEX LLC said Sept. 24 that it raised $38 million in a funding round led by Moore Asset Backed Fund LP. MAXEX, of Atlanta, is residential mortgage loan exchange provider.
2 min read · 25 September 2018
ArcLight Capital Partners said Sept. 24 that it closed the sale of North Sea Midstream Partners to the Kuwait Investment Authority. North Sea Midstream Partners is a midstream infrastructure business in the North Sea, that processes approximately 25 percent of the UK's natural gas.
3 min read · 25 September 2018
MotorK said Sept. 25 that Laela Pakpour Tabrizi will join the company as group chief financial officer. Tabrizi was previously the CFO for VistaJet.
3 min read · 25 September 2018
Bregal Partners said Sept. 25 that Katey Kalvelage has joined the firm as director of ecommerce. Kalvelage has over 12 years of experience in the digital space including managing the ecommerce business at retail brands such as Burberry, La Perla, Bottega Veneta, Elie Tahari, and Sandro Maje Claudie Pierlot (SMCP).
2 min read · 25 September 2018
1 min read · 24 September 2018
TPG is in talks to take over Abraaj Group’s $1 billion healthcare fund, according to the Wall Street Journal. TPG is looking to combine Abraaj’s healthcare assets with its Rise Fund, the story said. The deal could be completed by the end of the year, the WSJ said, citing a letter from AlixPartners.
1 min read · 24 September 2018
Private equity dominates Ascensus auction; Tailwind Fund III raises $1.8 bln; SEC targets a fund revamp. Are the floodgates open?
2 min read · 24 September 2018
