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.
Alan Shor has joined Riata Capital Group LLC as an operating partner. Shor previously served as President, COO, and member of the Board of Directors of Zale Corp. He is currently co-founder and President of The Retail Connection, a real estate advisory, management and investment firm.
3 min read · 03 December 2015
BrightFunnel said Wednesday that it raised $6 million in a Series A funding led by Crosslink Capital. Salesforce Ventures has also joined the round along with earlier investors Bloomberg Beta, Karlin Ventures and Resolute Ventures. San Francisco-based BrightFunnel provides a revenue attribution and forecasting platform for marketers.
4 min read · 03 December 2015
Brian Corday has joined the Pulse Beverage Corp. as EVP of Business Development. He has also joined Pulse’s board. Corday was most recently Chairman and President of BullBear Ventures LLC.
2 min read · 02 December 2015
Netsertive said Wednesday it raised another $9 million in funding to complete its $24 million Series C financing. River Cities Capital Funds led the round with participation from Babson Capital Management and Netsertive’s existing investors. Research Triangle Park, North Carolina-based Netsertive is a digital marketing intelligence company.
4 min read · 02 December 2015
ThreatQuotient said Wednesday that it raised $10.2 million in Series A funding led by New Enterprise Associates. Seed investors Blu Venture Investors and the Center for Innovative Technology also participated. Sterling, Virginia-based ThreatQuotient provides a threat intelligence platform.
4 min read · 02 December 2015
Ampco-Pittsburgh Corp. said Wednesday that it agreed to buy Åkers AB and certain of its affiliated companies for $80 million in cash and stock. The deal does not include Åkers AB’s operations in France and Belgium. The Altor Funds is the seller. Åkers, of Sweden, produces cast and forged rolls for the steel and aluminum industries.
5 min read · 02 December 2015
TPG Growth said Wednesday that it acquired Taco Bueno. Financial terms weren’t announced. Palladium Equity Partners is the seller. Farmers Branch, Texas-based Taco Bueno is a Tex-Mex restaurant chain that operates across 177 locations in Texas, Oklahoma, Missouri, Kansas, Arkansas, Louisiana, and Colorado. Palladium originally invested in Taco Bueno in 2005. Jason Freedman of Ropes & Gray advised TPG Growth. UPDATE: Tim Alexander and Brant Cash of Harris Williams advised Palladium.
3 min read · 02 December 2015
GTCR has agreed to buy Park Place Technologies from WestView Capital. Financial terms weren’t announced. Cleveland-based Park Place provides post-warranty data center maintenance services to clients around the world. Lazard Middle Market served as financial advisor to Park Place.
3 min read · 30 November 2015
In First Read, Bill Gates and Mark Zuckerberg have launched a clean energy research fund, rich families from across the U.S. helped elect Bruce Rauner governor of Illinois and Kobe Bryant is retiring from the NBA at the end of the season.
1 min read · 30 November 2015
Silverfleet Capital has agreed to sell Office Retail Group to Truworths International for £256 million (US$384.2 million). London-based Office Retailer is a fashion footwear retailer. Rothschild and JP Morgan advised Office.
3 min read · 30 November 2015
