Livespace said Sept. 19 that it raised $70 million in a Series C funding round led by TPG Growth and Goldman Sachs. Also participating were existing investors Jungle Ventures, Bessemer Venture Partners and Helion Ventures. Livespace, of Bengaluru, India, provides a home interior and renovation platform.
5 min read · 19 September 2018
GMM SpA, a portfolio company of Consilium SGR pA, has acquired Techni Waterjet Pty Ltd from its founders. Financial terms weren’t announced. Techni, of Melbourne, makes waterjet cutting solutions for the metal, glass and stone industries. Lincoln International advised GMM/Consilium.
1 min read · 19 September 2018
Empower said Sept. 19 that it raised $4.5 million in a round led by Initialized Capital. Existing investor Sequoia Capital also participated. Empower is a mobile bank.
2 min read · 19 September 2018
Blackstone is near a deal to buy a less than 10 percent stake of New Mountain Capital LLC, Bloomberg is reporting. New Mountain plans to use proceeds for growth investments, the story said.
1 min read · 19 September 2018
AlphaNetworks said Sept. 18 that it raised $10 million in an initial funding round led by Alphabit Digital Currency Fund. Also participating were Shuttle Fund of Korea, Smart Contract of Japan and other crypto investors. AlphaNetworks is an entertainment platform that uses blockchain.
3 min read · 19 September 2018
Accel-KKR has invested in TEAM Software. Financial terms weren’t announced. TEAM Software, of Omaha, provides cloud-based technology solutions for contractors in the janitorial and security industries.
3 min read · 19 September 2018
SunTx Capital Partners said Sept. 18 that it has invested in Anchor Partners. Financial terms weren’t announced. Anchor Partners, of Dallas, is a holding company for a family of enterprises focused on customized metal manufacturing solutions.
2 min read · 19 September 2018
At least two parties are in talks to buy Athenahealth Inc, which has pushed out a bid deadline by a few weeks, Bloomberg reported. Elliott Management Corp, which is partnering with Bain Capital, as well as one other strategic bidder, remain interested in the health records technology company, the story said.
1 min read · 19 September 2018
Riverstone Holdings LLC has hired an investment adviser to run an auction for Abaco Energy Technologies, Bloomberg reported. The oilfield services equipment company could sell for $900 million, the story said.
1 min read · 19 September 2018
Monroe Capital LLC said Sept. 19 that it increased a credit facility for Priority Ambulance LLC to back its buy of Emergency Medical Service Inc. Priority is a portfolio company of Enhanced Healthcare Partners.
2 min read · 19 September 2018