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.
Health Catalyst said Monday it raised $70 million in Series E funding co-led by Norwest Venture Partners and UPMC. MultiCare Health System and OSF Healthcare also took part as well as new investor Leerink Capital and existing investors Sequoia Capital, Sands Capital, Kaiser Permanente Ventures, CHV Capital (an Indiana UniversityHealth Company), Partners HealthCare, EPIC Venture Partners, Leavitt Equity Partners, and Tenaya Capital. Salt Lake City-based Health Catalyst is a healthcare data warehousing company.
5 min read · 29 February 2016
AE Materials Group, a portfolio company of AE Industrial Partners LLC, has acquired The Aircraft Group. Financial terms weren’t announced. Phoenix-based The Aircraft Group provides aircraft consulting services related to the purchase, sale or leasing of all types of commercial aircraft. Buckingham, Doolittle & Burroughs LLC served as legal advisor and Alvarez & Marsal served as financial advisor to AE Industrial Partners.
3 min read · 29 February 2016
KKR said Monday that Scott Bookmyer, Member and COO of KKR Asia, will also take direct responsibility for KKR Australia, effective July 1. He will move to Sydney from Hong Kong. Bookmyer will remain COO of KKR Asia Pacific.
2 min read · 29 February 2016
To start off your week, First Read has news that Apple will debut a new iPad and a 4-inch iPhone on March 21, WhatsApp will no longer work on aBlackBerry by the end of 2016 and Starbucks is finally entering Italy.
1 min read · 29 February 2016
James Scullion was named CEO of Great Bay Software, a portfolio company of Alpine Investors. Most recently Scullion served as CEO at Bunchball.
3 min read · 29 February 2016
2 min read · 25 February 2016
Arctic Sand Technologies said Thursday that it raised $19 million in Series B financing led by Murata Manufacturing Company Ltd. GE Ventures, Northwater Capital and Arsenal Venture Partners also participated. Cambridge, Massachusetts-based Arctic Sand is a semiconductor company.
2 min read · 25 February 2016
Teakwood Capital said Wednesday that Ed Bowman has joined as Executive Partner. He will serve as a strategic advisor to portfolio company leadership. Bowman currently serves as Chairman and CEO of TRNT Holdings LLC.
2 min read · 25 February 2016
ACON Investments LLC said Wednesday that it closed its buy of APR Energy LLC. The deal was announced in October. Jacksonville, Florida-based APR rents out turbines and generators to cover electricity shortfalls, Reuters News repored. Bank of America provided debt financing. Barclays provided financial advice to APR while Hogan Lovells US LLP was the attorney for ACON.
3 min read · 25 February 2016
MapR Technologies Inc said Wednesday that David Cross has joined as Chief Marketing Officer and member of the executive team. Jack Norris will assume the role of SVP, Data and Application, while Geneva Lake will take on the role of VP of Worldwide Business Development. MapR, which provides a converged data platform for big data technology, is backed by Google Capital, Lightspeed Venture Partners, Mayfield Fund, NEA, Qualcomm Ventures and Redpoint Ventures.
3 min read · 25 February 2016
