Dianrong.com has raised $207 million in funding co-led by Standard Chartered Bank and China Fintech Fund. Bohai Leasing and other financial institutions also participated. Shanghai-based Dianrong.com provided P2P lending platforms in China.
5 min read · 14 September 2015
Kathy Savitt has joined STX Entertainment as President, Digital beginning in October. Savitt currently serves as the Chief Marketing Officer and Head of Media at Yahoo Inc. STX Entertainment is a portfolio company of TPG Growth.
4 min read · 14 September 2015
Marlin Equity Partners has acquired Bluegarden Holding A/S. Financial terms weren’t announced. Ballerup, Denmark-based Bluegarden provides payroll and HR administration software solutions to SME, medium size and large enterprises across the Scandinavian region.
3 min read · 13 September 2015
Field Nation has closed a $30 million investment led by Susquehanna Growth Equity. Minneapolis-based Field Nation provides a marketplace platform for contingent and on-demand workforce management.
3 min read · 13 September 2015
Sentinel Capital Partners said Friday that it has acquired Driven Performance Brands. Financial terms weren’t announced. Santa Rosa, California-based Driven Performance designs, makes and markets automotive aftermarket performance products for car and truck enthusiasts. UPDATE: Jonathan Carey of Jefferies advised Driven Performance Brands.
3 min read · 13 September 2015
Enerkem Inc. has raised C$152.6 million (US$117.9 million), which includes a C$29 million loan from Integrated Asset Management Corp.’s (IAM) Private Debt Group as well as C$50 million in private placements from current investors and C$73.6 million of debt from two other lenders. Montreal-based Enerkem is a waste-to-biofuels and chemicals producer.
2 min read · 13 September 2015
NXT Capital said Friday that it provided a $195 million loan to Custom Ecology. A portfolio company of Kinderhook Industries, Custom Ecology used the funding to refinance an existing credit facility and for its buy of Stansley Industries. Mableton, Georgia-based Custom Ecology provides municipal, industrial and hazardous waste transportation solutions.
2 min read · 13 September 2015
The auction of Alerian Capital Management has run into some bumps, two sources said.
2 min read · 11 September 2015
Delphinus Medical Technologies Inc. said Thursday it raised a $39.5 million round of funding led by Venture Investors. New investors Hopen Life Science Ventures and Waycross Ventures participated along with current investors Arboretum Ventures, Beringea and North Coast Technology Investors. Plymouth, Michigan-based Delphinus provides advanced breast ultrasound technology.
4 min read · 10 September 2015
FiscalNote, which is backed by Mark Cuban, said Thursday it has acquired MyCandidate. Financial terms weren’t announced. MyCandidate is a mobile app that aggregates and analyzes information about political candidates in South Korea.
4 min read · 10 September 2015