Venrock Associates has closed its seventh fund with $450 million of capital, according to a July 31 blog post from Partner Bryan Roberts.
2 min read · 31 July 2014
In Second Opinion, Snapchat is in talks to sell a stake worth $10 bln to the Alibaba Group, AMC is considering buying 50 percent of BBC America, and Best Buy CEO says tablet sales are crashing. Plus what part of New York City should Sharknado II attack?
1 min read · 30 July 2014
Mergermarket Group, which is backed by BC Partners, has acquired The Law Report Group. Financial terms weren’t announced. New York-based The Law Report publishes The Hedge Fund Law Report and The FCPA Report. Desilva + Phillips advised The Law Report Group.
3 min read · 30 July 2014
ONCAP, the middle market PE firm of Onex Corp., is selling Mister Car Wash after more than seven years.
2 min read · 29 July 2014
In Second Opinion, Twitter Q2 results are better than expected, Moody's warns that RadioShack may run out of money next year, Pepe Jeans is up for sale and tornados in Boston aren't as rare as you think.
1 min read · 29 July 2014
ONCAP, the mid-market arm of Onex Corp, is selling Mister Car Wash after more than seven years.
2 min read · 29 July 2014
Clairvest Group kicked in C$180 mln as a GP commitment to boost Fund V to its C$600 million (US$554.4 million) hard cap.
1 min read · 28 July 2014
In Second Opinion, Virgin America files to go public, BlackBerry doesn't have any buyout offers on the table, Apple is close to buying Swell and fist bumps are the way to avoid germy handshakes.
1 min read · 28 July 2014
Mobile payment company aims for $20 million to $30 million B round
2 min read · 28 July 2014
The onerous task of actually taking out your debit or credit cards to pay for items may soon disappear.
2 min read · 26 July 2014