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.
J.F. Lehman & Company has closed its buy of API Technologies Corp. The deal, reportedly valued at $110.9 million, was announced in February. Orlando, Florida-based API provides RF, microwave, millimeterwave, power and security solutions.
4 min read · 24 April 2016
David Crane has joined Pegasus Capital Advisors as a Senior Operating Executive. Crane previously served as President and CEO of NRG Energy from 2003 until 2015.
3 min read · 24 April 2016
Warren Equity Partners said April 22 that it closed its investment in Hydromax USA LLX. Financial terms weren’t announced. Chandler, Indiana-based Hydromax specializes in data collection for the purposes of locating and assessing the condition of water, wastewater and natural gas conveyance systems. King & Spalding LLP acted as legal advisor to Warren Equity Partners. Jackson Kelly PLLC acted as legal advisor to Hydromax.
3 min read · 24 April 2016
2 min read · 22 April 2016
Forter said April 21 that it raised $32 million in Series C funding led by Scale Venture Partners. Also participating were existing investors Sequoia Capital and New Enterprise Associates (NEA). San Francisco-based Forter is a fraud prevention company.
3 min read · 21 April 2016
Lodgify has raised 1.4 million euros ($1.58 million) in financing led by Nauta Capital. Existing investors Chris Hitchen, HOWZAT Partners and Roland Zeller also participated in the round. Barcelona-based Lodgify provides a software-as-a-service solution that helps vacation rental owners and managers to create their own accommodation website and accept online bookings.
3 min read · 21 April 2016
Bridgit said April 20 it closed $1.7 million in a seed round led by Hyde Park Venture Partners with participation from Vanedge Capital. Waterloo, Ontario-based Bridgit provides technology to simplify construction project management.
3 min read · 21 April 2016
Vera Minar has joined Columbia Pacific to oversee the opportunistic strategy at Columbia Pacific Advisors and serve as Chief Investment Officer of Columbia Pacific Wealth Management. Minar most recently was a director at Stanford University endowment, which grew to $25 billion from $14 billion during her tenure.
3 min read · 21 April 2016
LLR Partners has made a minority invest in Rapid Ratings International. Financial terms weren’t announced. New York-based Rapid Ratings provides FHR, an assessment tool that gauges the financial health of public and private companies.
3 min read · 21 April 2016
To start your morning, Google's Chrome passes 1 billion monthly active users on mobile, Apple delays reporting its second quarter results by a day to April 26 and Harriet Tubman bumps Andrew Jackson from the front of the $20 bill.
1 min read · 21 April 2016
