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.
Bregal Sagemount said Feb. 14 that it has acquired a majority stake in Single Digits Inc. Financial terms weren’t announced. Single Digits, of Bedford, New Hampshire, provides high speed internet access management software and managed services to the hospitality, healthcare, education, transportation, retail, and office verticals. Cook, Little, Rosenblatt & Manson pllc provided legal counsel to Single Digits. Goodwin Procter LLP represented Bregal Sagemount.
3 min read · 14 February 2017
High Road Capital Partners said Feb. 14 that it closed its buy of Midwest Wholesale Hardware. Financial terms weren’t announced. Midwest Wholesale, of Kansas City, Missouri, is a wholesale distributor of commercial and institutional door hardware, electronic access control and security products. Monroe Capital provided financing for the transaction. TM Capital Corp advised the company.
3 min read · 14 February 2017
Firstavenue said Feb. 14 that Fabiana Cid de Andrade has joined the firm as a principal and will be located in its new Dallas office, which opens in March. Andrade previously spent three years at Credit Suisse as a vice president in their private funds group and led the firm’s activities in Latin America. She currently serves as a senior advisor at LAVCA.
2 min read · 14 February 2017
2 min read · 13 February 2017
Draper Esprit said Feb. 13 that Nicola McClafferty is joining the firm’s Dublin office. As an Investment Director, McClafferty will focus on identifying and investing in the next generation of Irish tech success stories. McClafferty was previously CEO of Covetique.com.
2 min read · 13 February 2017
Trizic said Feb. 13 that it raised a $3.3 million equity round led by Freestyle Capital. Also participating were Broadhaven Capital Partners and Commerce Ventures. Trizic, of San Rafael, California, provides a digital advice solution for RIAs, broker dealers, asset managers, wirehouses, banks, and credit unions.
2 min read · 13 February 2017
BitSight said Feb. 13 that Brian Cohen joined the company as CFO, while Elizabeth Fischer was appointed General Counsel and Dave Fachetti was named Senior Vice President of Partnerships. Investors of BitSight, a security ratings company, include Flybridge Capital Partners, Menlo Ventures and Comcast Ventures.
3 min read · 13 February 2017
Ship Supply International, an H.I.G. Capital portfolio company, has acquired Marine Trading Services Inc. Financial terms weren’t announced. Marine Trade, of South Hackensack, New Jersey, is a regional port logistics business that delivers perishable goods and deck & engine maintenance products to vessels.
4 min read · 13 February 2017
TA Associates said Feb. 13 that it made a minority investment in Retriever Medical/Dental Payments LLC. Financial terms weren’t announced. Retriever, of Valhalla, New York, provides payment technology and merchant services to 15,000 physician practices, dental practices, veterinary clinics and hospitals throughout the U.S.
3 min read · 13 February 2017
2 min read · 10 February 2017
