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.
MapAnything Inc. said Monday that it closed a $7.3 million Series A funding round led by Greycroft Partners. Also participating were Harbert Venture Partners, Salesforce Ventures and individual investors Michael Lazerow and David Stern. MapAnything is a mapping, geo-analytics and location intelligence solution provider for users of Salesforce.
6 min read · 21 December 2015
Axonics Modulation Technologies Inc. said Monday it raised $38.5 million in Series B financing. New investors Advent Life Sciences and Cormorant Asset Management participated in the round. They were joined by the existing syndicate led by Edmond de Rothschild Investment Partners. Existing investors NeoMed Management, Legend Capital, a venture capital arm of Legend Holdings Ltd., The Alfred E. Mann Foundation and a select group of private individuals also participated. Irvine, California-based Axonis is developing implantable neuromodulation technology.
6 min read · 21 December 2015
Ingersoll-Rand plc said Monday it sold its minority stake in Hussman Parent Inc. to Panasonic Corp. Financial terms weren’t announced. In September 2011, Ingersoll-Rand sold a majority in Hussman to Clayton, Dubilier & Rice LLC.
2 min read · 21 December 2015
PHD Private Equity has invested 2.5 million pounds (US $3.7 million) in 1st Class Holidays. 1st Class is a tour operator. The 1st Class deal is the first transaction by PHD from its second private equity fund, which closed at 20 million pounds earlier this year.
2 min read · 21 December 2015
Talon Innovations Corp., a portfolio company of Graycliff Partners, has acquired Vulcan Machine Inc. Financial terms weren’t announced. Tampa, Florida-based Vulcan provides CNC machining on a contract basis for Original Equipment Manufacturers in aerospace, packaging, and industrial markets.
3 min read · 21 December 2015
Encore Consumer Capital has invested in Lorac Cosmetics. Finanncial terms weren’t announced. Valencia, California-based Lorac is a prestige color cosmetics brand founded by celebrity makeup artist Carol Shaw. Intrepid Investment Bankers LLC advised Lorac.
2 min read · 21 December 2015
Blackstone and Caisse de dépôt et placement du Québec have closed their previously announced acquisition of Peter Cooper Village Stuyvesant Town. Financial terms weren’t announced. Peter Cooper Village Stuyvesant Town is a large, post-World War II private residential development on the east side of the New York City borough of Manhattan. PCVST has a combined total of over 11,200 apartments in 56 residential buildings across 80 acres of land.
3 min read · 21 December 2015
H.I.G. Capital said Friday that it has completed its investment in Mr. Cat. Financial terms weren’t announced. Rio de Janeiro-based Mr. Cat is a Brazilian footwear company.
3 min read · 21 December 2015
2 min read · 18 December 2015
ORIG3N Inc. said Wednesday that it closed a $12.5 million Series A financing co-led by Hatteras Venture Partners and Syno Capital. Also participating in the round was new investor, DEFTA Partners, and existing investors, Harris & Harris Group Inc., LabCorp, MGC Venture Partners and KTB-KORUS Fund. ORIG3N is a biotechnology company that is developing treatments for rare and genetically inherited diseases.
5 min read · 17 December 2015
