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.
North Castle Partners said Thursday it has acquired a controlling stake in Sprout Organic Foods Inc. Financial terms weren’t announced. Duluth, Georgia-based Sprout develops, markets and distributes organic foods, primarily serving the baby / toddler market. BellMark Partners served as financial advisor to Sprout.
4 min read · 02 July 2015
Stone Point Capital LLC has closed its investment in Broadstone Real Estate LLC. Financial terms weren’t announced. Proceeds will be used to buy stakes in two private real estate investment offerings currently managed by BRE, Broadstone Net Lease and Broadtree Homes. Broadstone Real Estate, effective Wednesday, is jointly owned by the Tait and Leenhouts families, Stone Point, and certain BRE employees.
2 min read · 02 July 2015
NextInput said Wednesday that it raised $1.5 million. Investors include Intel Capital, Takata Holdings, Steve Nasiri and the Band of Angels, a Bay Area investment group. Atlanta-based NextInput has developed MEMS-based force-sensing solutions for touch enabled devices.
2 min read · 02 July 2015
Natixis Global Asset Management said Wednesday it had completed its buy of DNCA Finance. Financial terms weren’t announced. DNCA, a French investment management company. In November, PE HUB reported that TA Associates and Banco Leonardo were selling their stakes in DNCA.
4 min read · 02 July 2015
Permira said Wednesday it had closed its previously announced buy of Medora Snacks LLC and Ideal Snacks Holding Corp. Permira has combined Medora and Ideal under a holding company called BFY Holdings.
3 min read · 02 July 2015
GTCR has closed the sale of Protection 1 to Apollo Global Management. Protection 1 provides security alarm monitoring in the United States. Morgan Stanley & Co. LLC and Raymond James served as financial advisors to GTCR/Protection 1.
2 min read · 02 July 2015
Qiming Venture Partners said Wednesday that it promoted William Hu to managing partner effective immediately. Hu has been with Qiming for nearly nine years and participated in several healthcare deals for the Chinese VC.
2 min read · 02 July 2015
Insight Venture Partners has invested in Thycotic. Financial terms weren’t announced. Washington D.C.-based Thycotic provides account management solutions for global organizations.
2 min read · 02 July 2015
Safe Fleet Investments LLC, a portfolio company of The Sterling Group, has acquired the transit mirror product line for buses, shuttles and coaches from Hadley. Financial terms weren’t announced. Hadley's transit mirrors business, of Elkhart, Indiana, provides transit bus mirrors.
3 min read · 02 July 2015
The Litchfield Fund said Wednesday it invested in Harvest Soul Inc. Financial terms weren’t announced. Alpharetta, Georgia-based Harvest Soul, a subsidiary of Fresh Promise Foods, creates organic food and beverages.
3 min read · 02 July 2015
