The Carlyle Group has agreed to buy a 51 percent stake in PA Consulting Group. The deal values PA at $1 billion. London-based PA is a consulting, technology and innovation firm.
3 min read · 29 September 2015
Exabeam said Tuesday it raised $25 million in financing led by Icon Ventures. Aspect Ventures, investor Shlomo Kramer and Norwest Venture Partners also participated. San Mateo, California-based Exabeam provides user behavior analytics.
3 min read · 29 September 2015
Origami Logic said Tuesday it raised $25 million in a Series C round led by Next World Capital. DAG Ventures also participated while existing investors Accel Partners, Icon Ventures and Lightspeed Venture Partners took part in the round. Menlo Park, California-based Origami provides a platform that helps companies manage and optimize marketing campaign investments across marketing channels.
4 min read · 29 September 2015
Alibaba Group Holding Ltd. and Ant Financial Services Group have invested in Paytm. Financial terms weren’t announced. Paytm, of New Delhi NCR, is a mobile payment & commerce platform in India. Ant Financial previously invested in Paytm in February. Citi provided financial advice to Paytm.
4 min read · 29 September 2015
BeneStream said Tuesday that it received an additional $2 million investment BlueCross BlueShield Venture Partners and Sandbox Advantage Fund. The addition bring's BeneStream total Series A round to $6.26 million. New York-based BeneStream connects qualified employees to government health benefits through its product, Medicaid Migration. Other Series A investors include Kapor Capital and Relativity Healthcare Partners as well as seed investors Serious Change LP, Kevin Hill, Martin Babinec, ARC Angel and George V. Duczak.
3 min read · 29 September 2015
D.A. Davidson & Co. said Monday that Chris Rockers has joined its investment banking team as managing director in the firm’s energy practice. Rockers is the co-founder of ESC Solutions and previously worked at a variety of firms, including Alpina Capital, FTI Consulting and Falkenberg Capital.
2 min read · 29 September 2015
Monroe Capital LLC said Tuesday that it provided a loan to support Hammond, Kennedy, Whitney & Company Inc.’s buy of Partners in Leadership Inc. Financial terms weren’t announced. Temecula, California-based Partners in Leadership provides accountability and cultural transition training services to companies.
2 min read · 29 September 2015
The sale of Ascensus Inc. has produced a big win for J.C. Flowers & Co., the once mighty private equity firm that is reportedly restructuring its second fund.
3 min read · 29 September 2015
Spring & Sprout Dental Holdings, a portfolio company of Huron Capital Partners LLC, has agreed to buy Rising Stars Pediatric Dentistry. Financial terms weren’t announced. Austin-based Rising Stars provides pediatric dentistry.
2 min read · 29 September 2015
Advanced Dermatology & Cosmetic Surgery, a portfolio company of Audax Private Equity, has acquired the assets of Dermatology of Northern Colorado. Financial terms weren’t announced. Fort Collins, Colorado-based Dermatology diagnoses and treats skin problems.
2 min read · 29 September 2015