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.
Endeavour Capital has invested in Pacific Market International LLC. Financial terms weren’t announced. Pacific Market used part of the Endeavour investment to buy Formation Brands LLC, of South San Francisco. Seattle-based Pacific Market designs, makes and markets food and beverage container solutions. Formation develops and markets beverage and specialty gift housewares including tableware, barware and accessories. Robert W. Baird & Co. advised PMI in the Endeavour investment while Cascadia Capital advised Formation.
3 min read · 10 March 2016
New World Angels said Thursday that Stephen M. O’Hara was elected president of NWA. On April 1, O’Hara will succeed Rhys L. Williams who will transition to Chairman of NWA’s Board of Directors.
3 min read · 10 March 2016
Big 3 Precision Products Inc, a portfolio company of TVV Capital, has acquired Sur-Form Corp. Financial terms weren’t announced. Chesterfield, Michigan-based Sur-Form provides material handling solutions.
3 min read · 10 March 2016
Resolver Inc said Thursday it secured another $4 million in growth equity from Klass Capital, an existing investor. Klass has invested a total of $18 million in Resolver. Toronto-based Resolver provides risk and incident management software.
3 min read · 10 March 2016
Mizuho Securities USA, the U.S. investment banking subsidiary of the global Mizuho Financial Group, has named Jerry Rizzieri as its President & CEO, effective March 10. Rizzieri served as Executive Managing Director and Fixed Income Division Head since 2011. Rizzieri succeeds John Koudounis as Mizuho Securities USA President & CEO, who has decided to leave the firm to pursue an opportunity with an unnamed asset management company.
3 min read · 10 March 2016
1 min read · 09 March 2016
Partners Group said Wednesday it agreed to buy Axia NetMedia for C$4.25 a share or C$272 million ($203.2 million). Axia NetMedia, of Calgary, designs, installs and operates "open access" fiber-based internet and data networks across North America and France.
3 min read · 09 March 2016
Spotinst said Tuesday it closed a Series A financing round led by Pico Venture Partners. Financial terms weren’t announced although press reports said the round was $2 million. Tel Aviv-based Spotinst provides an automated IaaS (Infrastructure as a Service) platform for both enterprises and startups.
3 min read · 09 March 2016
Gulf Coast Specialty Energy Services, a portfolio company of Grey Mountain Partners, has acquired Marlin Services LLC. Financial terms weren’t announced. Gray, Louisiana-based Marlin provides services for the energy industry, particularly focused on providing pipeline maintenance and repair, metal fabrication, and specialty coating services in the Gulf Coast region.
3 min read · 09 March 2016
Lars Singbartl, a former partner and head of Warburg Pincus Germany, has invested in Emnify. Financial terms weren’t announced. Berlin-based Emnify is a cellular M2M and IoT connectivity company.
3 min read · 09 March 2016
