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.
IFM Investors said Wednesday it closed its 100 percent by of ITR Concession Company LLC for $5.725 billion. Financial terms weren’t announced. ITR Concession operates the Indiana Toll Road.
3 min read · 28 May 2015
Cinven said Thursday it has agreed to buy Labco. The deal has an enterprise value of 1.2 billion euros (US$1.3 billion). Paris-based Labco operates medical diagnostic laboratories.
4 min read · 28 May 2015
Keensight Capital said Thursday it has invested in smartTrade Technologies. Financial terms weren’t announced. Aix-en-Provence, France-based smartTrade develops and markets software and technology for trading floors.
3 min read · 28 May 2015
Avast Software has led a $22 million Series A round for Jumpshot, a marketing analytics platform. Avast is a portfolio company of CVC Capital Partners.
3 min read · 27 May 2015
The Carlyle Group said Wednesday that Dan Cohn-Sfetcu has joined the firm as Managing Director. He will originate and execute middle market credit investments for Carlyle GMS Finance Inc., a Business Development Company, as well as its affiliated investment vehicle, NF Investment Corp. Carlyle GMS is focused on lending to U.S. middle market companies. Cohn-Sfetcu was previously an MD with American Capital.
3 min read · 27 May 2015
eGifter said Wednesday that it raised an additional $3.5 million from investors including the Long Island Angel Network (LIAN), BDS Capital, Angel Dough Ventures, 94Bits and several angel investors. Funding to date totals more than $6 million. Huntington, New York-based eGifter is a social gift giving service.
3 min read · 27 May 2015
Evercore said Wednesday that it acquired Kuna & Co. KG and appointed Walter Kuna as Senior Managing Director of Evercore's German advisory business. Financial terms weren’t announced. Kuna & Co. is a Frankfurt-based investment banking advisory boutique that was founded by Walter Kuna in 2004.
3 min read · 27 May 2015
EverCompliant said Wednesday that it raised $3.5 million led by Carmel Ventures, Nyca Partners and existing EverCompliant investor Joey Low from Star Farm Ventures. Tel Aviv, Israel-based EverCompliant provides cyber risk intelligence and merchant fraud detection solutions.
4 min read · 27 May 2015
Crescent Capital Group LP said Wednesday that it provided a loan to support The Carlyle Group’s buy of Telvent Global Services. Financial terms weren’t announced. Madrid-based Telvent provides information technology infrastructure management services.
2 min read · 27 May 2015
Aloke Gupta has joined Imergy Power Systems as a Senior Director of Policy & Market Development. Gupta was previously with the Energy Division of the California Public Utilities Commission. Fremont, California-based Imergy provides advanced storage systems. Investors include NEA, Technology Partners, and Blue Run.
2 min read · 27 May 2015
