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.
Marlin Equity Partners said Sept. 5 that it closed its buy of CEB Challenger and Effortless Experience Solutions Business. Financial terms weren’t announced. Gartner Inc was the seller. CEB Challenger, of Arlington, Virginia, provides a performance improvement platform.
3 min read · 06 September 2018
Black Bear has raised 11 million euros ($12.8 million) in funding. Investors include ING Sustainable Investments, 5square, Social Impact Ventures and SCG. Black Bear, of the Netherlands, has developed a carbonization process to transform used tires into recovered Carbon Black.
4 min read · 06 September 2018
Arctic Industries, a portfolio company of Stoic Holdings, has acquired Duracold Refrigeration Manufacturing Co. Financial terms weren’t announced. Duracold, of Los Angeles, makes walk-in cooler and freezers.
2 min read · 06 September 2018
2 min read · 05 September 2018
Atlantic Street Capital said Sept. 5 that it acquired OrthoBethesda. Financial terms weren’t announced. OrthoBethesda provides orthopedic services in the greater Washington, DC region.
2 min read · 05 September 2018
Stir Foods and Pacifica Foods, a portfolio company of Wind Point Partners, said Sept. 5 that it acquired Sabra Dipping Co's salsa business. Financial terms weren’t announced. The deal includes the Santa Barbara and Chachies brands. The salsa business is based in Oceanside, California. BMO Harris Bank NA and Antares Capital provided financing. Reed Smith served as legal counsel to Wind Point. Corporate Fuel Advisors served as financial adviser while Hunton Andrews Kurth was the attorney for Sabra.
4 min read · 05 September 2018
Carlyle Group said Sept. 5 that it acquired from Noble Environmental Power a 612 MW operating wind generation portfolio in New York along with a dedicated operations platform. Financial terms weren’t announced. The portfolio includes six distinct wind farms located in Northern and Western New York.
2 min read · 05 September 2018
Launchmetrics said Sept. 5 that it raised $50 million in financing led by Bpifrance. Also investing were Seventure, Cipio Partners and Famille C (Famille Courtin-Clarins). Launchmetrics, of New York, provides a marketing platform and analytics solution for the fashion, luxury and cosmetic industries.
4 min read · 05 September 2018
Clyde Blowers Capital has completed the sale of Cone Drive to The Timken Co. Financial terms weren’t announced. Cone Drive, of Traverse City, Michigan, provides customizable precision drive products that include Cone Drive® and H-Fang® branded high-torque worm gears, harmonic solutions and precision slew drives.
2 min read · 05 September 2018
Sherpa Capital said Sept. 4 that it promoted Jorge Fernández Miret to partner.
1 min read · 05 September 2018
