Luisa Beltran

Dobbs Equity invests in Memphis legend Corky’s BBQ

Neon Pagamentos raises R$400 mln

Neon Pagamentos said Nov. 19 that it raised R$400 million ($95.3 million) in a Series B round led by General Atlantic and Banco Votorantim. Also investing were venture capital funds Monashees, Omidyar Network, Propel, Quona and Mabi, and existing Series A investors. Neon Pagamentos, of São Paulo, is a Brazailian fintech.

Tissum raises 38.75 mln euros

Tissum said Nov. 20 that it raised 38.75 million euros ($42.78 million) in a series B round of funding. New investors include BNP Paribas Développement, the European Investment Fund (EIF), M&L Investments, ValQuest Partners, while TISSIUM’s returning investors were Bpifrance, CM-CIC Innovation, Cap Décisif Management, Omnes Capital and Sofinnova Partners. Tissium, of Paris, is life sciences company aiming to develop and commercialize a biopolymer platform to address various unmet clinical needs.

GHO Capital Fund II raises 975 mln euros

GHO Capital Fund II LP exceeded its target of 800 million euros

Branford Castle exits Surface Preparation Technologies

In June of 2018, SPT acquired the rumble strip division of Diamond Surface Inc., which dramatically expanded its scale and ability to service customers on a national basis.

PE Hub Wire Highlights, 11.20.19

"I wasn't sent here to safeguard and protect profit."

Sightway Capital first PE fund raises $1.2 bln: Wall Street Journal

Sightway Capital, the PE arm of Two Sigma Investments, raised $1.2 billion for its first PE fund, the Wall Street Journal reported. Sightway Capital I LP will focus on financial services and real estate, the story said.

CD&R to buy Cynosure

Clayton, Dubilier & Rice said Nov. 20 that it agreed to buy Cynosure LLC from Hologic Inc. In a separate release, Hologic said the total purchase price was $205 million cash, subject to certain closing adjustments. Cynosure makes and markets aesthetic treatment systems for dermatologists, plastic surgeons, medical spas, and other healthcare practitioners.

Floyd retires from JMFA

John Floyd, founder chairman and CEO of JMFA, and COO Cher Floyd are retiring from the HKW portfolio company.

Advent to buy Olaplex

Olaplex was founded in 2014 by beauty industry veterans Dean and Darcy Christal, who commercialized a revolutionary, patented technology that protects and repairs hair from damage.