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.
Rebecca Converse has joined Sutton Hill as a Managing Director. Converse was previously Director of Investor Relations, Marketing and Communications at Wind Point Partners.
2 min read · 17 March 2016
Clearlake Capital Group LP has invested in Globe Energy Services LLC through a recapitalization. Financial terms weren’t announced. Syder, Texas-based Globe Energy provides oilfield services with more than 50 operating locations throughout Texas, New Mexico and Oklahoma.
3 min read · 17 March 2016
John Kispert has joined Black Diamond Ventures as a managing partner. Prior to joining BDV, Kispert was CEO of Spansion.
2 min read · 17 March 2016
Handshake said Thursday it raised $14 million in Series B financing led by Sozo Ventures. All of Handshake's existing investors – Emergence Capital, SoftTech VC, BOLDstart Ventures, MHS Capital, Point Nine and Primary Venture Partners – also participated in the round. New York-based Handshake provides B2B commerce technology for manufacturers and distributors.
4 min read · 17 March 2016
Charlie Burckmyer has joined JMC Capital Partners as a Principal. Burckmyer is the co-founder of Knob Hill Partners.
1 min read · 17 March 2016
The Hilb Group, a portfolio company of ABRY Partners, has acquired Raley, Watts & O’Neill. Financial terms weren’t announced. California, Maryland-based Raley, Watts & O’Neill provides general insurance products and services.
2 min read · 17 March 2016
Gecko Biomedical said Thursday it closed a €22.5 million ($25.5 million) financing round led by Sofinnova Partners. Also participating were Bpifrance and existing series A investors Omnes Capital, CM-CIC Innovation and CapDecisif Management. Paris-based Gecko Biomedical is a medical device company developing polymers to support tissue healing.
5 min read · 17 March 2016
Graycliff Partners has provided subordinated debt and equity financing to Williams Sound. Financial terms weren’t announced. Eden Prairie, Minnesota-based Williams Sound designs, makes and markets wireless communication systems to improve the hearing and communication of individuals in groups or gatherings.
2 min read · 17 March 2016
CrowdStreet has raised $3.5 million in Series A funding led by Rally Ventures. Green Visor Capital, Seven Peaks Ventures and Portland Seed Fund also participated. Portland-based CrowdStreet is a real estate investor acquisition and management platform.
4 min read · 17 March 2016
Nautic Partners has invested in ExactCare Pharmacy. Financial terms weren’t announced. In conjunction with the deal, Doug Present, former CEO of MHA, has been named chairman of board, and Jim Smith, former CEO of QoL meds, also has joined the board. Buyouts Insider reported March 9 that Nautic was investing in ExactCare; the deal was valued at $150 million, the story said. Cleveland-based ExactCare is a pharmacy that targets patients that need multiple medications.
3 min read · 16 March 2016
