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.
High Road Capital Partners said Wednesday that it has acquired Cali Bamboo. Financial terms weren’t announced. San Diego-based Cali Bamboo makes and retails directly to consumers bamboo flooring and sustainable building products. Shoreline Partners LLC advised Cali Bamboo.
3 min read · 15 July 2015
Emerging Capital Partners said Wednesday that it sold its stake in la Nouvelle Societé Interafricaine d’Assurance Participations SA (NSIA) to the National Bank of Canada and Amethis Africa Finance. Financial terms weren’t announced. The NSIA is an insurance group in French-speaking West and Central Africa and a banking institution in Côte d’Ivoire.
4 min read · 15 July 2015
Castle Harlan Inc, the 28-year old private equity firm, is giving up trying to raise a new fund.
2 min read · 15 July 2015
Castle Harlan Inc, the 28-year old private equity firm, is giving up trying to raise it sixth fund.
2 min read · 14 July 2015
Vesey Street Capital Partners L.L.C. said Monday that it has acquired Imedex LLC. AmerisourceBergen is the seller. Financial terms weren’t announced. Alpharetta, Georgia-based Imedex provides Continuing Medical Education (CME) to industry professionals via in-person conferences and online education forums.
3 min read · 14 July 2015
Houlihan Lokey Inc. filed to raise as much as $100 million in an IPO, according to a July 10 SEC filing. The Los Angeles-based investment bank is backed by ORIX USA Corp. Houlihan Lokey did not list how many shares it would sell or their price range. That will come in future filings. Houlihan Lokey does plan to trade on the NYSE under the ticker symbol "HLI." Bookrunners on the deal include BofA Merrill Lynch and Goldman, Sachs & Co.
1 min read · 14 July 2015
Insight Venture Partners has agreed to invest $75 million in Fenergo. Dublin-based Fenergo provides Client Lifecycle Management software for investment banks, capital market firms and private banks.
3 min read · 14 July 2015
Rally4 said Tuesday that it has acquire mGive, which also received additional funding from Prolog Ventures. Financial terms weren’t announced. Denver-based mGive provides a mobile fundraising platform for nonprofit organizations.
3 min read · 14 July 2015
The Riverside Company has acquired Municipal Building Inspection Solutions. Financial terms weren’t announced. Beford Heights, Ohio-based Municipal Building provides inspection and plan review services for municipalities. MidCap Financial provided financing.
2 min read · 14 July 2015
International Automotive Components Group said Monday that Robert “Steve” Miller is joining the firm as its president, CEO and director effective Aug. 7. Miller joins IAC on July 20. He succeeds James Kamsickas, who has resigned as president, CEO and director, effective August 6. Kamsickas will become the president and CEO of Dana Holding Corp. IAC is a portfolio company of WL Ross & Co.
4 min read · 14 July 2015
