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.
2 min read · 19 September 2017
GoCardless has raised another $22.5 million from existing investors Accel, Balderton Capital, Notion and Passion. GoCardless, of London, said it has processed £3 billion worth of transactions for over 30,000 organizations across the UK and Europe.
3 min read · 19 September 2017
Toys ‘R’ Us Inc, the largest U.S. toy store chain, filed for bankruptcy protection late Monday, the latest sign of turmoil in the retail industry that is caught in a viselike grip of online shopping and discount chains, Reuters reported.
3 min read · 19 September 2017
Dr Moncef Slaoui has joined Medicxi as a partner. Dr Slaoui was formerly GSK’s chairman of pharmaceutical R&D and of its vaccines division.
3 min read · 19 September 2017
NBK Capital Partners said Sept. 18 that it has closed its second mezzanine fund with $160 million of capital commitments. NBK Capital Partners Mezzanine Fund II will provide capital to middle market companies in consumer-centric sectors in the MENA region by way of mezzanine investments. Morgan Lewis represented NBK Capital while the fund administrator was Maples Fund Services.
2 min read · 19 September 2017
Pamlico Capital said Sept. 19 that it has completed a growth investment in Cartegraph Systems Inc. Financial terms weren’t announced. Cartegraph, of Dubuque, Iowa, provides SaaS-based asset management solutions to local governments.
3 min read · 19 September 2017
SFW Capital Partners said Sept. 19 that it hired Andrew Cialino as a vice president and head of business development. Cialino was previously with Axial, where he was the head of sales.
2 min read · 19 September 2017
2 min read · 18 September 2017
Longford Capital Management LP said Sept. 18 that its most recent fund closed at $500 million. Longford Capital Fund II LP will invest in the outcomes of commercial legal claims it believes to be highly meritorious and have a strong likelihood of success. Fund II has already committed nearly $100 million to new investments.
4 min read · 18 September 2017
Francisco Partners said Sept. 18 that it has sold portfolio company R2Net to Signet Jewelers. In a separate release, Signet said it paid $328 million in cash. R2Net, of New York, owns online jewelry retailer JamesAllen.com and Segoma Imaging Technologies.
3 min read · 18 September 2017
