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.
LAI International, which is backed by RLJ Equity Partners, has acquired Zak Inc. Financial terms weren’t announced. Green Island, N.Y.-based Zak makes and supplies precision machined and custom fabricated components for customers in power generation, specialty metals, and oil and gas.
3 min read · 23 October 2014
Auspherix Pty Ltd said Thursday it has secured another AU$1 million (US$878,215) in a series A financing from Australia’s Medical Research Commercialisation Fund. Auspherix, of Sydney, is an early stage anti-infectives company developing antibiotics to treat resistant bacterial disease.
4 min read · 23 October 2014
Sverica International Management said Thursday it has acquired Resonetics. Financial terms weren’t announced. Nashua, N.H.-based Resonetics provides laser micromachining manufacturing services for medical device and diagnostic companies.
2 min read · 23 October 2014
Aqua Terra Water Management, backed by Bregal Partners, has acquired two saltwater disposal facilities operated by Texas SWD Co. Aqua Terr has also acquired a permit for a salt water disposal facility from Coronado Minerals. Financial terms for either deal was not announced. The acquired facilities are located in the Midland Basin of west Texas in Reagan and Upton counties. Both facilities serve producers operating in the Spraberry and Wolfcamp formations. Deerpath Capital Management provided financing for the acquisition.
2 min read · 23 October 2014
In Second Opinion, social security checks will increase by $22 each month, Mark Zuckerberg does his first public Q&A in Mandarin and Roku raises another $25 mln round of funding.
1 min read · 22 October 2014
Cision, which is backed by GTCR, has acquired Gorkana Group Ltd. Financial terms weren’t announced but press reports have pegged the deal at more than 150 million pounds ($240 million). U.K.-based Gorkana is a media intelligence and data insights service provider. Latham & Watkins provided legal advice to GTCR.
3 min read · 22 October 2014
Catalyst Investors has invested in Reputation Institute. Financial terms weren't announced. New York-based Reputation Institute is a reputation research-based consulting and advisory firm.
3 min read · 22 October 2014
Cryptzone, which is backed by Medina Capital, said Wednesday that Andy Jones has joined the company as chief financial officer. Jones was previously the CFO at Integrity Interactive. Boston-based Cryptzone provides data security, identity and access management services.
2 min read · 22 October 2014
Nathan Elliott has joined Balance Point Capital Partners as a VP. Most recently, Elliott worked at Jefferies Finance where he was a VP responsible for the due diligence and underwriting of syndicated loan and bridge financings mainly for sponsor-led LBO transactions. Westport, Conn.-based Balance Point provides capital to lower middle market companies.
2 min read · 22 October 2014
Recapture Solutions, which is backed by Intervale Capital, has acquired Flex Leasing Power & Service. Financial terms weren’t announced. Flex Leasing has a fleet of flex turbines that it uses to provide remote electricity to the oil and gas industry.
4 min read · 22 October 2014
