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.
Simplestream has secured funding from Beringea. Financial terms weren’t announced. Simplestream, of London, provides live streaming and live-to-VOD services.
2 min read · 13 October 2014
Apollo Global Management said Monday it is launching Alteri Investors, a partnership between Apollo’s credt business and a team led by former GA Europe CEO Gavin George. The joint venture will focus on financing opportunities in performing, stressed and distressed retail sector situations in Europe. Alteri will target the U.K. and Germany and will invest in retailers through both debt and equity transactions, typically in the £10 million to £50 million range.
3 min read · 13 October 2014
The Ontario Teachers’ Pension Plan said Saturday it agreed to buy Bridon Ltd. The deal is valued at £365 million (US $587.5 million). The seller is Melrose Industries. UK-based Bridon makes wire rope.
2 min read · 13 October 2014
Novacap has agreed to buy Dialogic for total cash consideration of $35.3 million. Sellers include Tennenbaum Capital Partners. Once the deal closes, Novacap will own more than 90 percent. Parsippany, N.J.-based Dialogic provides communications technology for networks. Sagent Advisors provided financial advice to Dialogic.
8 min read · 12 October 2014
In Second Opinion, Apple is removing Bose audio products from its retail stores, Silver Lake shelves plans to buy either Shutterfly or Snapfish and Google this month expects to release its largest smartphone which goes by the code-name Shamu.
1 min read · 10 October 2014
After more than four years, Oak Hill Capital Partners may finally get to exit Dave & Buster’s Entertainment.
3 min read · 08 October 2014
Four years after buying Dave & Buster’s Entertainment, Oak Hill Capital Partners is poised to see a return of nearly 3x on its investment in the the restaurant/arcade chain.
2 min read · 08 October 2014
Peter Thiel, the first outside investor in Facebook and co-founder of PayPal and Palantir Technologies, continued his campaign against what he sees as a lack of innovation in the technology business at the PartnerConnect conference Tuesday.
2 min read · 07 October 2014
In Second Opinion, Yahoo is close to investing in Snapchat, Sunday is the third anniversary of Steve Jobs' death and 29% of Microsoft's global workforce is comprised of women.
1 min read · 04 October 2014
In Second Opinion, business is the most popular major in college but leads to the least fulfilling jobs, America's highest paid developers live in what state, JPMorgan denies that it was hacked for second time and Moody's may downgrade the N.Y. Met Opera Association.
1 min read · 02 October 2014
