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.
The Riverside Company has invested in Grace Hill. Financial terms weren’t announced. Augusta, Ga.-based Grace Hill provides a suite of training tools, including online courses and videos, for individuals working in the apartment industry. Freeport Capital provided financing for the transaction. Riverside was advised by Jones Day and Deloitte.
2 min read · 20 August 2014
TriVeda Capital said it named Raman Iver an MD based in Bangalore. Iyer will oversee the firm's pan-India real estate activities, including capital deployment, equity/debt financings, structured vehicles and third-party asset management. Iver was previously Director of Asset Management at ASK Property Investment Advisors, a subsidiary of ASK Group.
2 min read · 20 August 2014
In First Read, Cupertino is getting super fast broadband service, by the end of 2014 there will likely be more mobile devices connected than people on Earth, Apple's stock hits an all-time high and the NFL asks artists to pay to play the lucrative Super Bowl halftime show.
1 min read · 20 August 2014
NBTY, which is backed by the Carlyle Group, said it named Steven Cahillane its CEO. Cahillane is the former President of Coca-Cola Americas and successfully integrated Coca‐Cola Enterprises' North American bottling operations. Cahillane succeeds Jeff Nagel and begins his new role on September 8th.
3 min read · 20 August 2014
Technology Crossover Ventures has made a strategic growth equity investment in IQMS. Banneker Partners also invested in IQMS. Financial terms weren’t announced. Paso Robles, Calif.-based IQMS designs and develops manufacturing ERP software for the repetitive, process and discrete industries.
3 min read · 20 August 2014
OMERS Private Equity, the PE arm of OMERS, has completed its recap of Document Technologies Holdings. The seller is Harvest Partners. Atlanta-based DTI provides legal process outsourcing services in the U.S.
3 min read · 20 August 2014
Pritzker Group Private Capital said Tuesday that David Gau has joined the firm as its operating partner for the manufactured products team. Gau, 49, previously served as EVP of global commercial operations for Gates Corp.
2 min read · 20 August 2014
Linden Capital Partners has completed its buy of Spear Education. Financial terms weren’t announced. Scottsdale, Ariz.-based Spear provides post-graduate dental continuing education content to dentists and specialists around the country. Brentwood Capital Advisors provided financial advice to Spear. Golub Capital provided debt financing.
3 min read · 20 August 2014
Brand & Oppenheimer Co. said Tuesday that it appointed Lizz Gillcrist as Business Development and Marketing Manager for Protective Fabrics. Gillcrist was previously Product Specialist in the Advanced Concepts Group for Polartec. Red Bank, N.J.-based Brand & Oppenheimer, a supplier to the textile industry, is owned by company management and Praesidian Capital.
3 min read · 20 August 2014
Victory Park Capital said it would invest $100 million in Upstart loans over the next two years. Palo Alto, Calif-based Upstart is a lending platform that aims to finance people based on signs of their potential including schools attended, area of study, academic performance and work history.
2 min read · 20 August 2014
