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.
Cambridge Crops said Aug. 9 that it raised $4 million in seed funding led by The Engine. The round included participation from Refactor Capital, Closed Loop Ventures, Bluestein & Associates, SOSV and Supply Chain Ventures. Cambridge Crops, of Somerville, Massachusetts, is a technology company focused on the food, agriculture, and packaging industries.
3 min read · 09 August 2019
Curbio Inc said Aug. 9 that it raised $7 million in Series A funding co-led by Camber Creek and Brick & Mortar. Curbio, of Potomac, Maryland, is a home renovation technology company that aims to help realtors and their clients prepare their homes for sale.
3 min read · 09 August 2019
Wheels Up said Aug. 9 that it raised $128 million in a Class D funding round co-led by Franklin Templeton, T. Rowe Price and Fidelity Management & Research. Other institutional and private investors participated in the round. Wheels Up is a membership-based private aviation company.
3 min read · 09 August 2019
iGambit Inc said Aug 9 that it is merging with Clinigence Holdings Inc. Financial terms weren’t announced. The combined company, which will operate under the Clinigence Holdings Inc name, will be a healthcare information technology company. Clinigence has raised $18.81 million in VC funding, PitchBook said.
5 min read · 09 August 2019
Vena Solutions said Aug. 8 that Hunter Madeley was named CEO effective immediately. Founding CEO Don Mal is retiring but will remain with the company in an advisory and support role. Vena is backed by JMI and Centana Growth Partners.
4 min read · 09 August 2019
AURELIUS Equity Opportunities SE & Co KGaA said Aug. 9 that it agreed to buy the Armstrong ceiling tiles and grids businesses in Austria, Estonia, Germany, Ireland, Italy, Latvia, Lithuania, Portugal, Spain, Turkey and the UK from Knauf International GmbH. The company provides mineral fibre tiles and grids for modular suspended ceilings to commercial properties. Financial terms weren't announced.
3 min read · 09 August 2019
Platinum Equity has agreed to buy Wesco Aircraft Holdings Inc in a deal valued at about $1.9 billion. Wesco Aircraft distributes and provides supply chain management services to the aerospace industry. Wesco shareholders include Carlyle Group and Makaira Partners, as well as the Snyder Family Trusts. Daniel Lennon and Bradley Faris of Latham & Watkins LLP represented Wesco.
8 min read · 09 August 2019
Independent Vetcare, a portfolio company of EQT Partners, has acquired Scarsdale Vets. Financial terms weren’t announced. Scarsdale, of the UK, is a veterinary services platform that employs around 350 people, including more than 100 vet surgeons. Lincoln International advised Scarsdale Vets.
2 min read · 09 August 2019
CircleUp said Aug. 8 that Dr. Neil Constable has joined the company as its first chief investment officer. Constable joins from Grantham, Mayo, Van Otterloo & Co LLC, where, from 2006-2019, he variously served as partner, head of global equity and head of quantitative research. CircleUp is backed by investors including Union Square Ventures, GV, Canaan Partners, and QED Advisors.
3 min read · 08 August 2019
PurpleLab said Aug. 8 that it raised $3 million in growth financing from Edison Partners. PurpleLab is a healthcare data and analytics platform.
3 min read · 08 August 2019
