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.
Clover said Thursday that it closed a $2 million funding round led by Social Starts. A group of private investors also participated. Toronto-based Clover is a dating app.
3 min read · 23 July 2015
Pritzker Group Venture Capital said Wednesday that Rishi Shah was added to its team of senior advisors. Shah is the CEO and Founder of ContextMedia.
3 min read · 23 July 2015
Athena Capital Advisors said Thursday that David Lynch was promoted to President while Melissa Mattison was named COO. Both appointments were effective July 1. Lincoln, Massachusetts-based Athena Capital is a wealth management firm.
2 min read · 23 July 2015
KKR and Borealis Maritime said Thursday it acquired Hanseatic Ship Asset Management GmbH for $254.5 million. Commerzbank AG is the seller. Hanseatic controls a modern fleet of 13 mid-size container vessels and 5 mid-size dry bulk vessels. In 2013, KKR and Borealis Maritime formed a joint venture to invest in distressed shipping assets.
3 min read · 23 July 2015
Accel-KKR has made a strategic growth investment in Banker’s Toolbox Inc. financial terms weren’t announced. Austin-based Banker’s Toolbox provides Bank Secrecy Act anti-money laundering compliance and fraud prevention solutions for the financial industry.
3 min read · 22 July 2015
Nokia Growth Partners has made an investment in Peloton Technology. Financial terms weren’t announced. Mountain View, California-based Peloton develops vehicle systems for trucking fleets.
4 min read · 22 July 2015
Ghostery, a Warburg Pincus portfolio company, said Wednesday it named Larry Furr its Vice President of Product. New York-based Ghostery is a marketing technology company.
3 min read · 22 July 2015
FPCG LLC, d/b/a FocusPoint Private Capital Group said Wednesday that Tom Loucas and Linda Pratka have joined their New York office. They will both focus on covering institutional and single family office investors. Loucas joins FocusPoint from Barclays’ Wealth and Investment Management Group, while Pratka was previously head of IR at Freeman Spogli, & Co. Separately, FocusPoint said it promoted Camilla Thomas to Director.
3 min read · 22 July 2015
Agrible Inc. said Tuesday it raised a $4.1 million Series A round led by Serra Ventures. Archer Daniels Midland Company also participated. Champaign, Illinois-based Agrible provides predictive analytics tools that aims to help growers and agricultural companies increase yields and profitability.
3 min read · 22 July 2015
Fundamental Advisors LP along with León, Mayer & Co. and Aimbridge Hospitality have acquired El San Juan Resort & Casino. The Blackstone Group was the seller. Financial terms weren’t announced. El San Juan is a 387-room hotel in the Isla Verde district of San Juan and a member of the Hilton Worldwide.
4 min read · 22 July 2015
