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.
Mind-NRG has closed a Series B financing raising 6 Million EUR (US$8 million). The round was led by LRM, a Belgian based investor specialising in Life Sciences, along with existing investor Index Ventures. Mind-NRG, of Geneva, Switzerland, is developing neuregulins to treat neurodegenerative diseases.
3 min read · 04 September 2013
Rockwood Holdings said it has completed the sale of CeramTec to Cinven. The purchase price is EUR 1.49 billion (US$1.96 billion), subject to customary adjustments. Rockwood said it received net cash proceeds of over USD 1.75 billion, net of all transaction adjustments, fees and taxes. CeramTec, of Plochingen, Germany, produces high performance advanced ceramics materials and products.
3 min read · 04 September 2013
Madison Parker Capital said Wednesday it has sold Venyu to EATEL. Financial terms weren't announced. Baton Rouge, La.-based Venyu provides data center, managed hosting, cloud, virtualization and data protection services.
2 min read · 04 September 2013
AppMesh has completed a $3 million investment led by InterWest Partners. Existing investors participated in the round and were joined by new investors, executive members of the Siebel Systems Founders’ Circle, as well as TDF Ventures. San Francisco-based AppMesh is an app that converges and optimizes salespeople’s inboxes, calendars and ongoing sales data sets. The company has raised a total of $4 million in investments.
3 min read · 04 September 2013
General Catalyst Partners has led a $25 million growth equity financing round for Datto. Norwalk, Conn.-based Datto provides hardware- and cloud-based on- and off-site backup, disaster recovery and intelligent business continuity (IBC) solutions.
4 min read · 03 September 2013
Double E Company, a portfolio company of Incline Equity Partners, said Tuesday that Bryan R. Gregory was named CEO. Most recently, Gregory was President of Dynaco USA, a private equity backed maker of high performance industrial doors.
2 min read · 03 September 2013
Crestview Partners has closed its buy of DS Waters of America. Financial terms weren't announced. Atlanta-based DS Waters provides direct-to-consumer beverage services.
3 min read · 03 September 2013
News Corp. said Tuesday it has sold the Dow Jones Local Media Group to Fortress Investment Group. Financial terms weren't announced. Dow Jones Local Media Group operated 33 publications, incuding 8 daily and 15 weekly newspapers. GateHouse Media, a Fortress portfolio company, will manage Dow Jones Local Media Group operations. Waller Capital Partners advised Dow Jones on the sale.
3 min read · 03 September 2013
Machine Solutions, which is backed by Forsyth Capital, has acquired Vante. Financial terms weren't announced. The seller was Engineering & Research Associates. Tucson, Ariz.-based Vante designs, develops and manufactures process systems for the disposable medical device and biopharmaceutical industries.
3 min read · 03 September 2013
BlackArch Partners said Tuesday that that Joanne Verkuilen has joined the firm as Director of Marketing & Digital Strategy. Most recently, Verkuilen was VP of Investor Relations for Conversus Capital.
2 min read · 03 September 2013
