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.
ConvaTec said Thursday that Paul Moraviec was named CEO. Moraviec had been appointed Interim CEO in December. CovaTec, a medical products and technologies company, is owned by Nordic Capital and Avista Capital Partners.
2 min read · 01 May 2015
Hunter’s Specialties Inc. said Thursday it acquired Buck Bomb Inc. Financial terms weren’t announced. Crofton, Maryland-based Buck Bomb which supplies hunting attractants. Hunter’s Specialties is a portfolio company of Peak Rock Capital.
3 min read · 01 May 2015
Primus Capital has made a growth investment in Forte Research Systems Inc. Financial terms weren’t announced. Madison, Wisconsin-based Forte develops specialized clinical research management software.
3 min read · 01 May 2015
Grotech Ventures and Route 66 Ventures led a $4.2 million Series A round for Payzer. Charlotte, North Carolina-based Payzer is a mobile and cloud based financial technology platform.
3 min read · 01 May 2015
Berkshire Partners LLC has agreed to buy a majority of Implus Corp. Trilantic North America was the seller. Financial terms weren’t announced. Durham, North Carolina-based Implus provides footwear accessories like insoles, socks and shoe care products. Robert W. Baird & Co. advised Implus.
4 min read · 01 May 2015
Fulcrum Capital Partners said Thursday it has sold Nuheat Industries Ltd. to Pentair plc. Financial terms weren’t announced. Nuheat, of Vancouver, makes lectric radiant floor heating systems. Lazard Middle Market LLC advised Nuheat.
2 min read · 01 May 2015
Fulcrum Capital Partners said Thursday it has invested in Innovative Steam Technologies via a carve-out. Financial terms weren’t announced. Cambridge, Ontario-based Innovative Steam, which designs, engineers and makes and installs proprietary heat recovery steam generators for power generation, was a subsidiary of Aecon Group Inc.
1 min read · 01 May 2015
SK Capital said Thursday it closed its buy of AEB Group. The deal was announced in March. Brescia, Italy-based AEB provides products and services for winemakers, beer brewers and other food and beverage producers.
2 min read · 30 April 2015
AcceleVenture Partners has led a $2.2 million round for Pamlico Biopharma Inc. I2E Inc. which made the investment through the Oklahoma Seed Capital Fund which it manages, also participated. Oklahoma City-based Pamlico BioPharma, a portfolio company of Accele Biopharma, is a biopharmaceutical company that focuses on human monoclonal antibody therapeutics for infectious disease and cancer. Accele Venture Partners is also the investing arm of Accele Biopharma.
3 min read · 30 April 2015
Boulevard Acquisition Corp. has agreed to buy AgroFresh, the post-harvest specialty chemical business of The Dow Chemical Company. The deal is valued at $810 million. Dow will initially own about 40 percent of AgroFresh while Boulevard will have the rest. Boulevard is a blank-check company formed by Avenue Capital Group, Reuters News said.
6 min read · 30 April 2015
