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.
Apposite Capital said Oct. 9 that Rory Pope was named a partner and member of the management board. Pope has been working with Apposite as a full-time consultant since March. Apposite also appointed Alexander Cunynghame an investment executive.
2 min read · 09 October 2017
bpost said Oct. 9 that it has acquired Radial in a deal valued at $820 million. Sterling Partners is the seller. Radial, of King of Prussia, Pennsylvania, provides e-commerce logistics and omnichannel technology services. J.P. Morgan Securities LLC provided financial advice to Radial.
5 min read · 09 October 2017
2 min read · 05 October 2017
Boeing said Oct. 5 that it agreed to acquire Aurora Flight Sciences Corp. Financial terms weren’t announced. Enlightenment Capital invested in Aurora in 2016. Aurora, of Manassas, Virginia, develops and makes advanced aerospace platforms.
2 min read · 05 October 2017
Hire Dynamics, a portfolio company of MSouth Equity Partners, has closed its buy of StaffMasters. Financial terms weren’t announced. StaffMasters, of Charlotte, North Carolina, is a commercial staffing provider. CHILDS Advisory Partners and Hilliard Lyons advised StaffMasters.
3 min read · 05 October 2017
First Read kicks off the day with news that Puerto Rico isn't getting a U.S. bailout, Bain Capital aims to list its Toshiba chip unit in three years, and a study finds that Amazon Echo users prefer the iPhone over the Android.
1 min read · 05 October 2017
Navient said Oct. 4 that it has agreed to buy Earnest Inc for $155 million in cash. Earnest, of San Francisco, is an online lender. Earnest has raised $300 million venture funding, investors include Maveron and Wildcast Venture Partners. In August, Buyouts reported that Earnest was in sales talks with First Republic. J.P. Morgan Securities LLC provided financial advice to Navient. Barclays advised Earnest.
3 min read · 04 October 2017
2 min read · 04 October 2017
Fuel50 has raised a $2.5 million Series A round led by Rincon Venture Partners and Bonfire Ventures. Fuel50 provides career pathing software for companies.
2 min read · 04 October 2017
Alliance Etiquettes, a portfolio company of Activa Capital, said Oct. 4 that it invested in Applic’Etains. Financial terms weren’t announced. Applic’Etains, of France, designs and produces high-end pewter labels for the wine & spirits industry.
2 min read · 04 October 2017
