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.
3 min read · 20 January 2017
The Abraaj Group said Jan. 19 that it acquired a majority stake in Casaideas. Financial terms weren’t announced. Casaideas, of Santiago, Chile, provides home design and home decorative products. Casaideas is the first direct investment in Chile for Abraaj.
3 min read · 19 January 2017
Gateway Packaging Company, a portfolio company of Saw Mill Capital LLC, has acquired the operating assets of Werthan Packaging Inc. Financial terms weren’t announced. Werthan, of White House, Tennessee, is a paper packaging supplier that filed for Chapter 11 bankruptcy protection in December.
2 min read · 19 January 2017
J.W. Childs Associates LP said Jan. 19 that it added Joseph Fortunato as Operating Partner. Fortunato, who has been involved with numerous past and present J.W. Childs portfolio companies, was previously president and CEO of GNC Holdings. He is currently executive chairman of Comoto Holdings, parent company of Cycle Gear and Revzilla.com.
3 min read · 19 January 2017
Sentinel Capital Partners is preparing its portfolio company, Checkers Drive-In Restaurants Inc, for a sale, Bloomberg reported Jan. 18. Piper Jeffray Cos is advising on the auction of Checkers, which could fetch $500 million, the story said. Sentinel Capital acquired Checkers, a hamburger chain, in 2014.
1 min read · 18 January 2017
InsideSales.com said Jan. 18 that closed a $50 million growth equity round led by Polaris Partners. Microsoft also took part along with new investors include QuestMark Partners and the Ireland Strategic Investment Fund. Existing venture investors Kleiner Perkins Caufield Byers, Hummer Winblad, U.S. Venture Partners, Epic Ventures, and Zetta Venture Partners also participated. InsideSales.com, of Provo, Utah, provides an AI-powered predictive sales acceleration platform.
3 min read · 18 January 2017
Gen Cap America Inc said Jan. 18 that it has acquired Gared Holdings LLC. Financial terms weren’t announced. Gared, of Noblesville, Indiana, makes and markets athletic equipment and custom design solutions to schools and other institutions. Gared operates under the Gared Sports, Performance Sports Systems, and Gared International brand names.
2 min read · 18 January 2017
AnaCap Financial Partners has acquired Heidelpay. Financial terms weren’t announced. Heidelpay, of Germany, is an online payment service provider. AnaCap was advised by Norton Rose Fulbright and EY. Heidelpay was advised by Corestar Partners and Herbert Smith Freehills.
3 min read · 18 January 2017
3 min read · 17 January 2017
2 min read · 17 January 2017
