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.
Ascension and TowerBrook Capital Partners are investing in TriMedx. Financial terms weren’t announced. Indianapolis-based TriMedix provides healthcare technology management services to healthcare providers and medical equipment and device manufacturers.
4 min read · 13 April 2016
Breakaway has made a minority growth equity investment in EveryBodyFights. Financial terms weren’t announced. EveryBodyFights is a fitness platform founded by George Foreman III and Anthony Rich.
3 min read · 13 April 2016
Versant Ventures said it promoted Jerel Davis to Managing Director and Carlo Rizzuto to Partner. The firm also hired Luca Santarelli as Venture Partner.
5 min read · 13 April 2016
Ryan Kruizenga has joined Arthur Ventures as a partner based in the company’s Minneapolis office. Kruizenga was previously a VP with Mainsail Partners, according to his LinkedIn bio.
3 min read · 13 April 2016
To start your morning, American Apparel is laying off hundreds of workers, billionaire Sean Parker is backing an unconventional $250 million consortium of more than 300 scientists to fight cancer and Ben Affleck is confirmed for a standalone Batman movie.
1 min read · 13 April 2016
Council Capital said April 12 that its third private equity fund closed at over $150 million, surpassing its $125 million target. Investors of Council Capital III LP include foundations, fund of funds, endowments, financial institutions and family offices, as well as several strategic healthcare investors. Nashville-based Council Capital makes control and minority investments in healthcare companies, targeting companies with enterprise values between $10-50 million.
3 min read · 13 April 2016
The Carlyle Group said its fund, Carlyle Power Partners II, closed with more than $1.5 billion in commitments. CPP II targets power generation assets throughout North America and leverages the technical, engineering and management capabilities of Cogentrix Energy, a Charlotte, North Carolina-based power operations platform. Latham & Watkins, led by Barton Clark, advised Carlyle.
2 min read · 13 April 2016
Vacasa said April 12 that it raised $35 million in funding led by Level Equity. Portland-based Vacasa is a vacation rental company.
2 min read · 13 April 2016
Signal Hill said April 11 that Dan Graves has joined its New York office as a Managing director. He joins Signal Hill's Sponsor Coverage group and will draw on his relationships in media. Previously, Graves founded Spinnaker Capital Advisors.
2 min read · 12 April 2016
American Securities LLC and P2 Capital Partners LLC have closed their $855 million buy of Blount International Inc. The deal was announced in December. Blount International makes replacement parts, equipment and accessories for the agricultural and forestry markets.
3 min read · 12 April 2016
