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.
In Second Opinion, Zynga's turnaround is halfway finished, Airbnb is in talks to raise up to $500 million at a $10 billion valuation and social networks that breed anonymous stupidity. Happy Spring!
1 min read · 20 March 2014
Car rental company Europcar, owned by French investment fund Eurazeo, has hired investment bank Rothschild to launch an initial public offering (IPO), financial daily Les Echos reported on Thursday without citing sources.
1 min read · 20 March 2014
The Riverside Company has acquired RS Occupational Health. Financial terms weren't announced. RS Occupational, of Aberdeen, Scotland, provides occupational health services. Fifth Street provided financing for the transaction.
2 min read · 20 March 2014
H.I.G. Capital has completed the acquisition of Swanson Services Corp. Financial terms weren't announced. Denver-based Swanson is a national provider of commissary products and integrated software services to correctional facilities.
3 min read · 20 March 2014
NinePoint Medical has completed a $34 million Series B financing led by Corning Inc., along with founding investors Third Rock Ventures and Prospect Venture Partners. Cambridge, Mass.-based NinePoint Medical aims to improve patient care by developing medical devices that enable high resolution in-vivo imaging.
4 min read · 20 March 2014
The Greenfield Group Ltd. has sold the business and certain assets of La Cafetière to Lifetime Brands Inc. Financial terms weren't announced. La Cafetière designs and distributes products to brew and serve coffee and tea including the La Cafetière French presses.
2 min read · 20 March 2014
Calculus Capital has led a £5 million (US$8.26 million) investment in Active Operations Management International. U.K.-based AOMi is provides a back office workforce optimisation software.
3 min read · 20 March 2014
Calculus Capital has led a £5 million (US$8.26 million) investment in Active Operations Management International. U.K.-based AOMi is provides a back office workforce optimisation software.
3 min read · 20 March 2014
In Second Opinion, study finds that good-looking male entrepreneurs have the best chance of getting venture funding, more people work for Alibaba than Yahoo and Facebook combined. Plus Flappy Bird is returning!
1 min read · 19 March 2014
Wind Point Partners has agreed to sell Hearthside Food Solutions to Goldman Sachs and Vestar Capital. Financial terms weren't announced. Downers Grove, Ill.-based Hearthside Food is an independent bakery and a full service contract manufacturer of grain-based food and snack products. Barclays provided financial advice to Wind Point Partners and Hearthside Food Solutions.
2 min read · 19 March 2014
