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.
Leesa said Tuesday that it raised a $9 million Series A round of funding led by TitleCard Capital. Leesa, of Virginia Beach, Virginia, is an online luxury mattress company.
3 min read · 07 July 2015
Chakratec said Tuesday it raised $2 million in a Series B funding round from China based investor ZZRunner. Chakratec, of Lod, Israel, is developing an energy storage system based on kinetic batteries.
3 min read · 07 July 2015
Frazier Healthcare said Monday that Tadataka Yamada, Ph.D., has rejoined the firm as a Venture Partner on the Life Sciences team. He will also serve as a Senior Advisor to the Growth Buyout team. Before rejoining Frazier, Dr. Yamada was Chief Medical and Scientific Officer at Takeda Pharmaceuticals in Tokyo, as well as a member of the Board of Directors.
3 min read · 07 July 2015
Monroe Capital LLC said Tuesday it provided a loan to support Trive Capital Partners’ buy of Architectural Granite & Marble Ltd. Financial terms weren’t announced. Spicewood, Texas-based Architectural Granite imports and distributes natural stone, engineered stone, and related products used in residential construction, commercial construction, and remodeling.
2 min read · 07 July 2015
H.I.G. Capital said Tuesday that it has acquired Intelius. Financial terms weren’t announced. Bellevue, Washington-based Intelius provides on-demand information about individuals and predictive analytics that can help identify connections to other people, places and things.
3 min read · 07 July 2015
KKR, along with Hines Italia SGR, and COIMA, have acquired five telecom assets leased to Telecom Italia. The investor group acquired the assets from "Tecla Fondo Uffici", a closed ended fund managed by Prelios SPR, for 49 million Euros (US$53.7 mln). The portfolio, a total area of 35,500 square metres, consists of five separate sites, in Rome, Monza, Parma, San Remo and Pavia.
3 min read · 07 July 2015
High Road Capital Partners said Tuesday that it has acquired Ariad Communications. Financial terms weren’t announced. Toronto-based Ariad, a marketing agency, is combining with Bluespire Marketing, a High Road platform company.
3 min read · 07 July 2015
Abingworth said Monday that Tim Haines and Kurt von Emster were named joint Managing Partners. Stephen Bunting, who has held the Managing Partner role since 2002, will become Chairman. The changes are effective immediately.
2 min read · 07 July 2015
Actis said Monday that it has sold its majority stake in Mouka Ltd. Financial terms weren’t announced. Mouka, of Nigeria, makes foam spring mattresses, polyurethane blocks, pillows and furniture for consumers in West Africa.
2 min read · 07 July 2015
Altamont Capital Partners said Monday has provided capital to support Douglas Products LLC’s buy of the Vikane and ProFume businesses. Dow AgroSciences, a unit of The Dow Chemical Company, is the seller. Financial terms weren’t announced. Owners Bill Fuller and Wes Long will retain equity stakes.
2 min read · 07 July 2015
