Private Equity
Cook & Boardman Group LLC, a portfolio company of Littlejohn & Co LLC, said Sept. 30 that it acquired Converged Communications Inc. Financial terms weren’t announced. Converged is technology business solutions company serving a commercial and institutional customers in NE Florida and SE Georgia.
3 min read · 01 October 2019
Hanwha Aerospace Co said Sept. 30 that it completed its $300 million buy of EDAC Technologies. Greenbriar Equity Group is the seller. The deal was announced in July. EDAC is a U.S. aircraft engine maker.i
3 min read · 01 October 2019
Fenwick Brands led a $5 million growth financing round for Ursa Major. Also investing were Finn Capital Partners and several family offices active in the personal care market. Ursa Major is a skincare brand.
3 min read · 01 October 2019
Blue Delta Capital Partners said Sept. 25 that its latest fund closed at its $150 million hard cap. The target for Blue Delta Capital Fund II was $125 million. Blue Delta Capital Partners, of McLean, Virginia, is a venture firm focused on the U.S. government technology market.
3 min read · 01 October 2019
Leeds Equity Partners LLC said Sept. 30 that it invested in VitalSmarts LC. TwentyEighty Inc is the seller. Financial terms weren’t announced. VitalSmarts provides communication, execution and leadership development training.
3 min read · 01 October 2019
Colony Capital Inc said Sept. 30 that it closed the sale NorthStar Realty Europe Corp to AXA Investment Managers – Real Assets. The deal was announced in July. Colony said it received $64.6 million in a lump sum incentive and termination fee payment and $96 million for its 11 percent ownership position in NRE, a REIT managed by the company.
4 min read · 01 October 2019
Khatabook said Oct. 1 that it raised a $25 million Series A round from GGV Capital, partners of DST Global, RTP Ventures, Sequoia India, Tencent, Y Combinator and others. More than 20 prominent angels* including Amrish Rau, Anand Chandrasekharan, Deep Nishar, Gokul Rajaram, Jitendra Gupta, Kunal Bahl, Kunal Shah and others also took part. Khatabook is a mobile application that enables SMEs to record & track business transactions.
4 min read · 01 October 2019
To start your morning, First Read has news that WeWork is withdrawing its S-1 filing, Verizon is buying virtual reality video start-up Jaunt XR and "Stranger Things" clinches a season 4 on Netflix.
1 min read · 01 October 2019
Beecken Petty O’Keefe & Co has invested in Midwest Products & Engineering. Financial terms weren’t announced. Midwest Products & Engineering, of Milwaukee, Wisconsin, is a design and manufacturing partner to healthcare and technology OEMs.
2 min read · 01 October 2019
Process Sensing Technologies, a Battery Ventures portfolio company, has acquired SST Sensing Ltd. Financial terms weren’t announced. SST, of Coatbridge, Scotland, provides oxygen-measurement and liquid-level sensors.
2 min read · 30 September 2019
