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.
Monroe Capital said Wednesday it increased a loan to OSG Billing Services to support its buy of DoublePositive Marketing Group Inc. Financial terms weren’t announced. Baltimore-based DoublePositive is an online marketing company for buyers, lead sellers and direct response advertisers.
2 min read · 26 March 2015
InstallTracker said Thursday it raised $1 million. The startup did not disclose the investors. London-based InstallTracker provides mobile advertising tracking and apps analytics.
2 min read · 26 March 2015
Metrix Capital Group said Thursday it has provided a growth capital investment to Superior Water Technologies Inc. Financial terms weren’t announced. Irvine, California-based Superior Water makes equipment for the municipal water industry throughout the Western U.S.
3 min read · 26 March 2015
NuSil Technology LLC, a portfolio company of New Mountain Capital, said Wednesday that it named Ernest Waaser as its CEO. He takes over from NuSil’s co-founder and CEO, Dick Compton, who is retiring as CEO, but will continue to serve as Chairman of the NuSil Board of Directors. Most recently, Waaser was an Operating Partner at Linden Capital Partners. Carpinteria, California-based NuSil supplies medical and space-grade silicones.
3 min read · 26 March 2015
Atlantic Capital Bancshares agreed Wednesday to buy First Security Group for about $160 million or $2.35 a share. Atlantic Capital has also signed a stock purchase agreement with Trident IV L.P. and Trident IV Professionals Fund L.P., funds managed by Stone Point Capital LLC for a $25 million private placement of Atlantic Capital common stock at $12.60 a share.
10 min read · 26 March 2015
Inventus Solutions Inc., which is backed by Clearlake Capital Group LP, has acquired Unified OS Ltd. Financial terms weren’t announced. London-based Unified provides eDiscovery and managed services to corporations, law firms and government agencies across Europe.
4 min read · 26 March 2015
Kinderhook Industries said Wednesday that it acquired Superwinch Holdings from Islington Capital Partners. Financial terms weren’t announced. Dayville, Connecticut-based Superwinch designs, makes and markets winch systems and accessories. TCF Capital Funding provided financing.
3 min read · 25 March 2015
CenterOak Partners LLC said Wednesday that it has hired three professionals: Jeff Moredock, Vice President; Megan Kneipp, Vice President for Business Development and Investor Relations; and, Casey Gribble, Associate. CenterOak is a Dallas private equity firm that invests in middle market companies.
3 min read · 25 March 2015
Silk Therapeutics Inc. said Tuesday that its Series 1A financing round raised $2 million led by The Kraft Group. Boston-based Silk said it would use the funding to support its launch of a skincare line.
4 min read · 25 March 2015
Meridian General Capital said Tuesday that it acquired Silver Spur Corp. Financial terms weren’t announced. Cerritos, California-based Silver Spur supplies specialty glass and plastic bottles and containers to the North American market.
3 min read · 25 March 2015
