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.
Docker Inc. has acquired Tutum. Financial terms weren’t announced. New York-based Tutum is a cloud service that is used to deploy and manage Dockerized applications into production.
6 min read · 22 October 2015
Highland Europe has invested $17 million in adjust. Berlin-based adjust is a business intelligence platform for mobile apps.
3 min read · 22 October 2015
In less than three years, TA Associates is expected to make over 7x its money with the sale of DigiCert Inc, sources said.
2 min read · 22 October 2015
Calera Capital said Thursday that it has bought a majority stake in RFIB Holdings Ltd. Financial terms weren’t announced. Management and employees of RFIB, led by CEOJonathan Turnbull, will retain a significant equity stake. Dennis Mahoney, former CEO of Aon UK, is joining as Executive Chairman and has also invested. London-based RFIB is Lloyd’s insurance and reinsurance broker.
3 min read · 22 October 2015
Stone-Goff Partners said Wednesday that it has bought a controlling stake in The Greene Turtle Sports Bar & Grille. Financial terms weren’t announced. Hanover, Maryland-based The Greene Turtle is a casual dining restaurant and sports bar with 41 company-owned and franchised locations across the Mid-Atlantic, Northeast and Appalachian regions of the United States. Raymond James Financial Inc. advised the seller. Arrowpoint Partners provided financing to SGP.
3 min read · 21 October 2015
WeGoLook said Wednesday it raised another $1.5 million in financing led by i2E. WeGoLook’s total Series A round comes to $3.35 million. The additional financing round includes $149,500 each from the i2E-managed Oklahoma Seed Capital Fund and the Accelerate Oklahoma! Fund, as well as $191,636 from the i2E-managed SeedStep Angels. Other financing sources in the round included $410,364 from existing stakeholders and a $600,000 bank line of credit. Oklahoma City-based WeGoLook is a field services and inspection company.
3 min read · 21 October 2015
Final bids for Interactive Data Corp, which is owned by Silver Lake and Warburg Pincus, were due Tuesday, three sources said.
2 min read · 21 October 2015
Post Oak Energy Capital and Ceja Corp. have committed $75 million in capital to Rimrock Resource Partners LLC. Rimrock’s management team is also coinvesting. Tulsa, Oklahoma-based Rimrock will focus on exploration, acquisition and development opportunities, primarily in the Mid-Continent Region.
3 min read · 21 October 2015
Amino said Tuesday it raised $19.4 million in pre-launch funding from Accel, Charles River Ventures (CRV), Rock Health, and more than a dozen individual investors. San Francisco-based Amino has created a database that aims to include nearly every practicing doctor in America and experiences from more than 188 million people.
4 min read · 21 October 2015
Catalyst Investors said Wednesday that it has added two analysts, Courtney Nelson and David Sack. Nelson joins Catalyst from Greenhill & Co. where she was an investment banking analyst in the Mergers & Acquisitions group in New York. Sack was most recently with New York-based Berenson & Company, where he served as an investment banking analyst on M&A and capital raise transactions.
2 min read · 21 October 2015
