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.
Parthenon Capital Partners agreed to buy Millennium Trust Company.
2 min read · 23 September 2015
Palatine Private Equity has sold its stake in Playnation to NOVOMATIC Group. Financial terms weren’t announced. Playnation is a UK supplier of amusement and entertainment machines. The sale represents a 2.5x return for Palatine, , officials said.
3 min read · 23 September 2015
Atigeo said Tuesday that it has raised an $18.4 million financing round, including an investment by Ascension Ventures. Bellevue, Washington-based Atigeo is a big data company.
2 min read · 23 September 2015
Datiphy Inc. said Tuesday it raised $7 million from Highland Capital Partners in its first institutional financing. San Jose, California-based Datiphy is a data behavior analysis and security startup.
4 min read · 23 September 2015
Phynd Technologies Inc. said Wednesday it raised $1.1 million in Series A funding led by by Dallas Venture Partners. Also participating were serial angel investor Tony Morris, as well as Phynd’s existing seed investors. Kearny, Nebraska-based Phynd is an healthcare application service provider.
3 min read · 23 September 2015
Ipreo, a portfolio company of the Blackstone Group and Goldman Sachs Merchant Banking Division, said it has hired Ronnie West as EVP and Managing Director of Global Human Resources. West was most recently an MD at Barclays.
2 min read · 23 September 2015
The GEFCO Group said it agreed to buy IJS Global from Nimbus. Financial terms weren’t announced. IJS Global, of Amsterdam, is a freight forwarding company that specializes in the fields of air and sea.
5 min read · 23 September 2015
Graycliff Partners said Wednesday it provides a loan to support Founders Equity’s recapitalization of Stone Source. Financial terms weren’t announced. New York City-based Stone Source sells stone and decorative products to consumers and contractors via the architect and design channel for commercial and high-end residential use.
2 min read · 23 September 2015
Bridge Bank said Wednesday that it launched the Life Sciences Group. The unit will offer customized financial solutions to companies in the life sciences sector, including biotech, medical devices and pharma verticals. The Life Sciences Group will provide term and revolving debt to life sciences companies for a variety of purposes including growth and working capital, refinancing, restructuring, recapitalization, as well as M&A. The group will be led by Robert Lake who was previously an executive director at Oxford Finance LLC.
3 min read · 23 September 2015
Expway said Tuesday it closed a $3.3 million financing round with a new investor Isatis Capital. Sunnyvale, California-based Expway provides LTE Multicast solutions.
2 min read · 22 September 2015
