Private Equity
Authenticity.AI raised an initial seed round of funding from Knox Capital. Financial terms weren’t announced. Authenticity.AI provides an artificial intelligence platform for language translation and speech-to-text processing of audio and video formats.
3 min read · 07 October 2019
TA seeks up to $1 bln to double down on strong performers; Leach exits Aquiline; Apax responds to Sen. Warren's prison probe
2 min read · 03 October 2019
ICV Partners LLC said Oct. 3 that it invested in Horizon Air Freight Inc. Financial terms weren’t announced. Horizon Air Freight, of New York, is a specialized freight forwarder focused on the marine industry.
3 min read · 03 October 2019
Court Square Capital Partners is investing in J. Knipper and Co Inc, and its affiliate KnippeRx, through a recap. Financial terms weren’t announced. Court Square will have a majority stake, while the Knipper family is retaining a minority. J. Knipper provides pharmaceutical samples management services in the U.S. KnippeRx is a specialty pharmacy.
4 min read · 03 October 2019
TPC Wire & Cable Corp, a portfolio company of Audax Private Equity, said Oct. 2 that it closed its buy of Cicoil LLC. Financial terms weren’t announced. Cicoil, of Valencia, California, makes and distributes flat cable and flat and round cable assemblies.
3 min read · 03 October 2019
AE Industrial Partners LP said Oct. 3 that it promoted four professionals of the firm. Jon Nemo was elevated to senior partner, while Charlie Compton, Kirk Konert and Peter Schumacher were promoted to partner, effective immediately.
3 min read · 03 October 2019
Rakesh Wilson is leaving Apollo Global Management, Bloomberg said. Wilson, a senior partner at Apollo, is on the natural resources team, the story said. Wilson is the second high-profile member to relinquish his role on the team, Bloomberg said. Gregory Beard, the former head of natural resources, is transitioning to the role of senior adviser ahead of his 2020 departure, Apollo said in September.
1 min read · 03 October 2019
Fortress Investment Group has extended its tender offer for Unizo Holdings for a second time, Reuters reported. Fortress’s offer was thrown into doubt after Unizo last week said that Fortress hadn’t met its demand for a higher offer price or it concerns about the employment of its current staff, the story said.
1 min read · 03 October 2019
Super{set} said Oct. 2 that it secured $65 million in funding. Super{set}, a San Francisco startup studio that aims to launch data-driven enterprise tech companies, did not disclose investors.
4 min read · 03 October 2019
Kinderhook Industries LLC said Oct. 3 that it acquired Copperweld Bimetallics LLC. Financial terms weren’t announced. Copperweld, of Fayetteville, Tennessee, supplies bimetallic wiring products and the only domestic producer of copper clad steel and copper clad aluminum wire.
1 min read · 03 October 2019
