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.
Moore Frères & Company has acquired a majority of Opera Software ASA. Financial terms weren’t announced. Opera Software develops cloud and embedded software that allows video streaming directly consumers’ living rooms via the Internet, to devices such as Smart TVs, Blu-ray disc players, set-top boxes and video game consoles. Morgan Stanley Senior Funding and Morgan Stanley Credit Partners is providing financing. Opera was advised by Carnegie Investment Bank. A. Mark Getachew of Willkie Farr & Gallagher LLP, as well as financial advisor Quintus Partners and accounting firm BDO represented Moore Frères.
5 min read · 20 December 2016
2 min read · 19 December 2016
Xura Inc, a portfolio company of Siris Capital, said Dec. 19 that it agreed to buy Mitel Mobility Inc, a division of Mitel Networks Corp and Ranzure Networks Inc. Financial terms weren’t announced although press reports valued the deal at $385 million. Mitel Mobility provides voice-over-long-term evolution, voice-over-WiFi, video, rich communication services, messaging, radio access and packet core solutions.
8 min read · 19 December 2016
Innova Capital Partners LLC and Fondo de Capital Privado de Emprendimiento e Innovación SP have invested in Erco Energía SAS. Financial terms weren’t announced. Erco, of Medellín, Colombia, is an engineering, procurement, and construction firm specialized in photovoltaic projects.
3 min read · 19 December 2016
Liberty Media Corp said Dec. 16 that it has received all appropriate anti-trust approvals in connection with its pending buy of Formula 1.
2 min read · 19 December 2016
Onex Corp said Dec. 16 it has agreed to buy Parkdean Resorts for 1.35 billion pounds ($1.68 billion). Parkdean, of the U.K., owns and operates 73 caravan holiday parks across England, Scotland and Wales.
2 min read · 19 December 2016
Maven Capital Partners has invested 1.1 million euros ($1.15 million) in the Whiterock Group, a visual asset management services specialist. Whiterock is comprised of two businesses, ZynQ 360 and Mercury 92.
3 min read · 19 December 2016
2 min read · 16 December 2016
KKR has agreed to provide 200 million euros ($208.3 million) of long-term credit financing to Dentix. Madrid-based Dentix provides orthodontic, cosmetic and periodontal services through 251 clinics that it operates in four countries (Spain, Italy, Mexico and Colombia).
3 min read · 15 December 2016
Talis Capital has invested in Luminance. Financial terms weren’t announced. Luminance, of London, provides document analytics software for the legal industry. Investors include Invoke Capital and law firm Slaughter & May.
3 min read · 15 December 2016
