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.
Partners Group said Tuesday it would build a headquarters in the Denver Metro Area to house its Americas operations. The firm will open a temporary office in Denver in May until the new campus is ready. Partners Group already has offices in New York, San Francisco, Houston and São Paulo.
4 min read · 15 March 2016
Anne Arundel Dermatology Management, a portfolio company of New MainStream Capital, has acquired the practice of Risa M. Jampel, MD. Financial terms weren’t announced. Based in Owings Mills, Maryland, the Jampel practice provides cosmetic, general and surgical dermatology services.
2 min read · 14 March 2016
Apollo Global Management has agreed to buy The Fresh Market for $28.50 a share or about $1.36 billion. George Golleher, ex-CEO of Smart & Final and Ralphs Grocery Company/Food-4-Less, is also investing in the deal. Fresh Market is a specialty grocery retailer founded by Ray Berry that operates 186 stores in 27 states across the United States. Ray Berry and Brett Berry, who collectively own approximately 9.8% of The Fresh Market’s outstanding shares, are rolling over most of their holdings in the deal with Apollo. The transaction includes a 21-day go-shop where Fresh Market can solicit outside offers. The transaction includes $800 million in new financing and an equity contribution of approximately $525 million Apollo in addition to the equity rollover from the Berrys.
10 min read · 14 March 2016
Oncora Medical has raised $1.2 million in funding from investors including iSeed Ventures, BioAdvance as well as medical physicist and entrepreneur, Dr. Thomas “Rock” Mackie. Philadelphia-based Oncora is a digital health startup.
2 min read · 14 March 2016
Cheryl Foil has joined Kiddar Capital as a Principal. She will lead Kiddar Capital’s newly established technology and innovation venture arm. Foil was previously CTO for SocialSamba.
2 min read · 14 March 2016
In First Read, a human finally wins a Go match against AI AlphaGo program, Blackstone is near selling a portfolio of U.S. luxury hotels to the Chinese owners of the Waldorf Astoria just months after buying it for $4 billion and North Korea threatens to wipe out Manhattan.
1 min read · 14 March 2016
2 min read · 14 March 2016
BlueLine Grid said Friday that Bold Capital Partners has invested in the company. Financial terms weren’t announced. Bethesda, Maryland-based BlueLine Grid is a security collaboration platform.
1 min read · 14 March 2016
SS&C Technologies Holdings Inc said March 11 it closed its buy of Citi’s Alternative Investor Services Business. The deal was valued at about $321 million. Citi’s Alternative Investor Services Business provides hedge fund and private equity fund administration services. The sale was announced in August.
2 min read · 14 March 2016
2 min read · 11 March 2016
