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.
AUA Private Equity Partners has completed a dividend recapitalization of portfolio company Blue Star Media. The recap returned about 25 percent of investment capital to AUA’s investors. Financial terms weren’t announced. Blue Star on Monday announced its buy of VEE Corp., a family entertainment production company based in Minneapolis.
4 min read · 07 April 2015
Keensight Capital said Tuesday it has sold its stake in LDR. Financial terms weren’t announced. With offices in Troyes, France and Austin, Texas develops spinal implant devices. It went public in October 2013.
3 min read · 07 April 2015
Rizk Ventures said Monday it acquired Classroom24-7 LLC. Financial terms weren’t announced. Classroom24-7 is an online education technology solutions company. Ernie Liang, the company's CEO, and Jack Lyden, Classroom24-7 senior VP, have invested as part of the deal.
2 min read · 07 April 2015
Privateer Holdings said Tuesday it completed a $75 million Series B funding round. Seattle-based Privateer is a private equity firm that invests exclusively in legal cannabis. The firm has raised $82 million in total funding.
6 min read · 07 April 2015
LRP Conferences LLC has acquired Future of Education Technology Conference, FETC Virtual Conference, Campus Technology Conference and the Campus Technology Forum. The seller is 1105 Media Inc., which is backed by Alta Communications and Nautic Partners. LRP Conferences is an affiliate of LRP Publications. Berkery Noyes & Co LLC advised 1105 Media.
4 min read · 06 April 2015
VytronUS Inc. said Monday that it named John Pavlidis its president and CEO, as well as a member of the board of directors. Most recently, Pavlidis was president and CEO of Endoscopic Technologies Inc. Sunnyvale, California-based VytronUS, a medical device company, raised $31.6 million in Series B financing in October.
4 min read · 06 April 2015
BlueLine Rental, a portfolio company of Platinum Equity, has acquired Area Equipment LLC. Financial terms weren’t announced. Chesapeake, Virginia-based Area Equipment is a rental company.
2 min read · 06 April 2015
TZP Group has invested in Envelopes.com. Financial terms weren’t announced. Amityville, New York-based Envelopes.com is an e-commerce provider of envelopes, customized stationery, and complementary products.
3 min read · 06 April 2015
Milacron Holdings Corp. has filed to raise up to $100 million via initial public offering. Milacron is a Cincinnati-based plastics processing and industrial fluids company that is owned by CCMP Capital Advisors. Milacron did not disclose the shares it would offer or their price range. BofA Merrill Lynch, Barclays and J.P. Morgan are acting as joint lead book-runners on the IPO.
2 min read · 06 April 2015
VarageSale has raised $34 million from investors including Sequoia Capital and Lightspeed Ventures. Toronto-based VarageSale, a virtual garage sale, is an app where users can buy and sell items.
3 min read · 06 April 2015
