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.
MML Capital has invested in The Luneau Technology Group. Financial terms weren’t announced. Luneau, of France, supplies diagnostic equipment, analysis and testing in ophthalmology, refractive optometry equipment and cutting equipment and mounting opticians. BNP Paribas advised Luneau.
1 min read · 05 March 2015
Linden Capital Partners has closed its third fund at its $750 million hard cap, said Tony Davis, the Chicago-based firm's president and managing partner.
2 min read · 05 March 2015
Linden Capital Partners has closed its third fund at its $750 million hard cap, said Tony Davis, the Chicago-based firm’s president and managing partner.
1 min read · 04 March 2015
Apex Fund Services said Tuesday it acquired Pinnacle Fund Administration. Financial terms weren’t announced. Charlotte, North Caroline-based Pinnacle provides fund administration services to hedge funds, private equity funds, unit investment trusts and other collective schemes. FTV Capital is an investor of Apex Fund. Macquarie Capital advised Apex.
2 min read · 04 March 2015
Summit Partners said Wednesday it sold Multifonds to Temenos Group AG. The total cash consideration for the deal was 235 million Euros (US$262.9 million). Luxembourg-based Multifonds provides fund administration software.
4 min read · 04 March 2015
TriLumina Corp. said Wednesday it closed an $8.5 million Series A round of funding with Stage 1 Ventures, and with current investors Cottonwood Technology Fund and Sun Mountain Capital. Albuquerque, New Mexico-based TriLumina is a semiconductor laser technology company.
3 min read · 04 March 2015
Cloud Equity Group said Wednesday it acquired Fresh Roasted Hosting. Financial terms were not announced. Harrisburg, Pennsylvania-based Fresh Roasted is a web hosting company.
2 min read · 04 March 2015
Vanbridge LC has agreed to buy Alan Gray Inc. and Universal Insurance Services. Financial terms of both deals weren’t announced. Boston-based Alan Gray is an international insurance claims management and financial services firm. Universal Insurance Services, of Deerfield Beach, Florida, is a life insurance and financial advisory distribution firm. Both deals are expected to close by April 1. Investors of Vanbridge include Alvarez & Marsal Capital, KKR Capital Markets LP, Stone Point Capital and V.J. Dowling.
4 min read · 04 March 2015
Kurt Bruenning has joined Aclara Technologies LLC as CFO, senior VP of finance, accounting, information technology and legal functions. Bruenning most recently was VP of Finance and Treasury at Foresight Energy LP. St. Louis-based Aclara, a provider of smart infrastructure technologies and software solutions to the utility industry, is a portfolio company of Sun Capital Partners.
2 min read · 04 March 2015
Columbus Foods, a portfolio company of Arbor Investments, said Tuesday that Joe Ennen was named president, leading sales, marketing and human resources. Ennen will become Columbus’ CEO when current CEO Timothy Fallon retires at the end of 2015. Ennen is a former SVP in charge of Safeway’s exclusive brand portfolio. Columbus also said that Michael Fox has joined as SVP of marketing and innovation. Fox previously spent nearly a decade at PepsiCo.
3 min read · 04 March 2015
