Tim Barnes has joined Hercules Technology Growth Capital Inc. to lead the firm’s new Los Angeles office. Barnes most recently served as Vice President at Silicon Valley Bank in Los Angeles.
4 min read · 16 September 2015
H.I.G. Growth Partners, the growth capital arm of H.I.G. Capital, said Wednesday it has invested in Go2mobi. Financial terms weren’t announced. Go2mobi, of Canada, is a mobile advertising platform.
3 min read · 16 September 2015
The Carlyle Group and The Chertoff Group have acquired a majority stake in Coalfire Systems Inc. Financial terms weren't announced. Baird Capital, an existing investor, sold a portion of its stake. Louisville, Colorado-based Coalfire is a cybersecurity risk management and compliance services firm. UPDATE: The headline on this post was changed to show that Carlyle, Chertoff acquired a majority of Coalfire.
5 min read · 16 September 2015
TA Associates has agreed to acquire a majority stake of Mitratech. Vista Equity Partners is the seller. Financial terms weren’t announced. Austin-based Mitratech provides software solutions for legal departments. William Blair advised Mitratech/Vista while Marks Baughan Securities advised TA Associates.
4 min read · 16 September 2015
HAO Capital has invested $12.5 million in DJ HealthUnion Systems Corp. DJ HealthUnion, of China, provides digital health solutions.
3 min read · 16 September 2015
Goode Partners LLC has exited Dave's Killer Bread after nearly three years, generating a 3.6x return on its invested capital and a 60 percent IRR, according to the firm.
2 min read · 16 September 2015
EnLink Midstream said Tuesday that it has agreed to buy the Delaware Basin from Matador Resources Co. for about $143 million. The Delaware Basin, located in Loving County, Texas, has assets that include a cryogenic gas processing plant.
5 min read · 15 September 2015
Goode Partners LLC has exited Dave’s Killer Bread after nearly three years, generating a 3.6x return on its invested capital and a 60 percent IRR, according to the firm.
2 min read · 15 September 2015
HouseCall has raised $6 million in Series A funding led by August Capital. Other investors include existing investor e.ventures, and Michael Beaudoin, former Co-CEO and Co-founder of HomeAdvisor. San Diego-based HouseCall a mobile operations software platform for home service companies including carpet cleaning, window washing, maid service, plumbing, HVAC and electrical.
3 min read · 15 September 2015
Compareit4me Group has raised $3 million in VC funding led by by STC Ventures, the VC arm of Saudi Telecom, with backing from Wamda Capital, which is headed up by Aramex founder Fadi Ghandour. Dubai Silicon Oasis Authority completed the investment group. Dubai-based compareit4me operates finance comparison websites across the Middle East.
4 min read · 15 September 2015