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 · 17 June 2016
White Wolf Capital LLC said it recapitalized CSI IT LLC and acquired a majority stake in the company. Financial terms weren’t announced. Tallahassee, Florida-based CSI is an information technology, consulting and recruiting company.
2 min read · 16 June 2016
John Whitmarsh has joined Vyze aS CFO. Whitmarsh was previously the CFO for Zenoss Inc.
2 min read · 16 June 2016
H.I.G. Capital said June 16 that it completed the sale of the 296 room Hilton Cocoa Beach Oceanfront Hotel in Cocoa Beach, Florida.
3 min read · 16 June 2016
Garrison Investment Group has completed a restructuring of Speed Commerce Operating Company LLC that includes a roughly $150 million investment. Speed Commerce said Hari Pillai was named CEO, Jyoti Kapoor was appointed COO and Jochen Vogt to CFO. Richardson, Texas-based Speed Commerce provides eCommerce services and technology solutions for retailers and manufacturers.
3 min read · 16 June 2016
Allecra Therapeutics said June 15 that it raised 22 million euros ($24.7 million) in a Series B round led by Delos Capital. Existing investors Forbion Capital Partners, Edmond de Rothschild Investment Partners, EMBL Ventures and Allecra's co-Founder Nicholas Benedict also participated. Allecra is a biopharmaceutical company that is developing antibiotics to combat drug-resistant bacterial infections.
1 min read · 15 June 2016
Dynegy Inc said June 15 that it plans to acquire Energy Capital Partners’ 35 percent stake in an Atlas joint venture they formed in February 2016. The value of the total transaction is $750 million. The deal includes ENGIE’s 9,058 megawatt U.S. fossil portfolio.
5 min read · 15 June 2016
North Castle Partners said June 15 it has sold Doctor’s Best Inc to Xiamen Kingdomway Group Co. Financial terms weren’t announced. Irvine, California-based Doctor’s best makes and distributes nutritional supplements.
4 min read · 15 June 2016
Twin Brook Capital Partners said June 14 that Christopher Martin and Pete Notter have joined the firm as Managing Directors. Martin and Notter were previously Directors at Madison Capital Funding. Therese Icuss and Kim Trick, former Directors at Chase Capital, have also joined Twin Brook as Vice Presidents. Buyouts Insider reported news of Martin and Notter joining Twin Brook in May.
4 min read · 14 June 2016
ClearlySo said June 14 that Octopus has taken a 12.3 percent stake in the company as part of a 1.25 million pounds ($1.78 million) growth funding round. Octopus will become the single largest investor of ClearlySo. The company said seven existing investors reinvested, including Big Society Capital, and eight new angel investors subscribed. London-based ClearlySo, a so-called “impact” investment bank, works with businesses and funds with a goal of providing social, ethical and/or environmental impact along with financial return.
1 min read · 14 June 2016
