Luisa Beltran

Cambridge Medical raises $20.3 mln

Cambridge Medical Robotics has raised $20.3 million in Series A funding. New investors include ABB Technology Ventures, LGT Global Invest and Cambridge Innovation Capital. Cambridge Medical is developing a next-generation robotic system for universal minimal access surgery.

Buchheister named CFO of Cetera Financial

Cetera Financial Group said July 13 that it named Jeffrey R. "Jeff" Buchheister as its CFO effective Aug. 2. Buchheister most recently served as Executive Vice President and Chief Accounting Officer for LPL Financial.

Phrasee raises $1.3 mln

Phrasee said July 14 that it raised 1 million pounds ($1.3 million) in seed capital led by Next Fifteen and Galvanise Capital. London-based Phrasee is a marketing software company using Artificial Intelligence (AI) to boost email response rates.

Luxe Energy to sell Southern Delaware Basin for $560 mln

Luxe Energy LLC said July 13 that it agreed to sell its Southern Delaware Basin to an undisclosed third party for $560 million. The assets are primarily operated leasehold interests, the majority of which are located along the Pecos River in Reeves and Ward counties, Texas. Luxe Energy is backed by Natural Gas Partners.

Marlin Equity closes first Europe fund at 325 mln euros

Marlin Equity Partners said July 14 that it closed its first dedicated Europe fund at 325 million euros ($360.8 million) in total capital commitments. The target for Marlin Heritage Europe LP was 200 million euros. The Heritage Europe Fund will target investments in the lower middle market, generally in companies located across Europe. Bruce Ettelson, Karin Orsic and Katie St. Peters of Kirkland & Ellis LLP served as legal counsel, while Credit Suisse Securities (USA) LLC acted as an advisor and placement agent.

Akina promotes four executives to partner

Akina has promoted Natalia Sigrist, Dr Christian Böhler, Francesco Aldorisio and Viktor Speckinger to Partner.

Big brewers see strong potential for weak beer: Reuters

Anheuser-Busch InBev (ABI.BR), which will soon make almost 30 percent of the world's beer, wants to serve more low and alcohol-free brews to drinkers trying to live a healthier lifestyle, Reuters News reported.

PostBeyond raises $4 mln

PostBeyond said July 13 that it raised $4 million in Series A funding led by Information Venture Partners and Export Development Canada. Toronto-based PostBeyond provides an employee advocacy solution that aims to help enterprises increase brand recognition by enabling employees to share corporate content on social media.

Minella Capital Management to buy W.E. Donoghue & Co.

Minella Capital Management LLC has agreed to buy a majority of W.E. Donoghue & Co. Financial terms weren’t announced. Norwood, Massachusetts-based W.E. Donoghue is a registered investment advisor specializing in tactical strategies with over $1.6 billion in client assets. Silver Lane Advisors LLC served as financial advisor to W.E. Donoghue & Co., and Alston & Bird LLP acted as legal counsel. Finn Dixon & Herling LLP acted as legal counsel to MCM.

Triton Container, TAL International close merger

Triton Container International Ltd and TAL International Group Inc have completed their merger and formed Triton International Ltd. Warburg Pincus LLC and Vestar Capital Partners owned Triton Container. Triton International is a lessor of intermodal freight containers. The deal was announced in November.