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.
Catalyst Investors said Wednesday it promoted Susan Bihler to Principal, Patty Xu to Finance Director and Isaac Schlecht to Senior Research/Business Analyst.
2 min read · 06 January 2016
TZP Group has invested in University Furnishings LLC. Financial terms weren’t announced. Dallas-based University Furnishings supplies furniture, fixture, and equipment solutions to the student housing and hospitality verticals.
2 min read · 06 January 2016
HR Outsourcing Holdings Inc, a portfolio company of Clarion Capital Partners LLC, has closed its buy of Fortune Financial Inc. Financial terms weren’t announced. Tampa, Florida-based Fortune Financial is a professional employer organization and human resources outsourcing company that provides small and mid-sized companies with payroll administration, human resources administration and compliance, workers' compensation and benefits administration solutions.
2 min read · 06 January 2016
RapidMiner said Tuesday it closed a $16 million equity financing round led by NGP. Existing investors Ascent Venture Partners, Earlybird Venture Capital, Longworth Venture Partners and Open Ocean Capital also participated. Cambridge, Massachusetts-based RapidMiner provides an open source predictive analytics platform.
2 min read · 06 January 2016
Eric Aguiar, MD, has joined Aisling Capital as a Partner. Dr. Aguiar was previously a Partner at Thomas, McNerney & Partners and before that he was a Managing Director of HealthCare Ventures.
3 min read · 06 January 2016
The Stagwell Group said Tuesday that it has acquired a majority stake in Code and Theory. Financial terms weren’t announced. New York-based Code and Theory is a creative digital agency. AdMedia Partners Inc advised Code and Theory.
2 min read · 06 January 2016
VMG Partners has invested in Sonoma Brands. Financial terms weren’t announced. Jon Sebastiani, founder of Krave Pure Foods Inc, launched Sonoma Brands, a venture incubator for emerging consumer packaged goods brands, in 2015.
3 min read · 06 January 2016
Affiliated Managers Group Inc has acquired an equity interest in Baring Private Equity Asia. Financial terms weren’t announced. Baring Asia’s senior partners will continue to hold a majority of equity and direct the firm’s day-to-day operations. Hong Kong-based Baring Asia is an Asian private equity firm that advises funds with total assets under management of over US$8 billion.
6 min read · 06 January 2016
Tideland Signal Corp, a portfolio company of Rock Hill Capital Group, has acquired IMT B.V. Group of Companies. Financial terms weren’t announced. IMT develops lighting, navigation and signalization products and systems for clients ranging from offshore wind farms and oil and gas companies to marine, construction and governmental organizations.
3 min read · 06 January 2016
1 min read · 06 January 2016
