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.
Carnival Labs said Tuesday it raised $2.4 million in Angel financing. The round was co-led by Lerer Ventures and Gary Vaynerchuk with participation by additional investors: Flybridge Capital Partners, Bowery Capital, Google Ventures, David Tisch (BoxGroup), Jos White and Michael Lazerow. Carnival Labs, of New York and New Zealand, helps brands create and publish content and campaigns across their mobile audience.
4 min read · 27 August 2013
Brazos Private Equity Partners has acquired Eberle Design. Financial terms weren't announced. Phoenix-based Eberle designs, makes and sells electronic control products for the traffic, access, and rail industries.
3 min read · 27 August 2013
Vestagen Technical Textiles said Tuesday it completed an $8.25 million financing led by Advent Life Sciences. Alliance Healthcare Investment Fund participated in the financing, along with founding investor V-Ten Capital and other private investors. Orlando, Fla.-based Vestagen develops and markets advanced performance textile products and technologies.
5 min read · 27 August 2013
Resilience Capital Partners has acquired CableNet Services Unlimited. Financial terms weren't announced. Philadelphia-based CableNet provides cable fulfillment services in the Freedom Region of Pennsylvania and New Jersey.
3 min read · 27 August 2013
Gregory J. Suhajda has joined Mackinac Partners as president of the business intelligence division. He is also a Mackinac senior MD. Previously, Suhajda was President of Rehmann Corporate Investigative Services. Mackinac is a financial advisory and turnaround management firm.
3 min read · 27 August 2013
Estancia Capital Partners has acquired a minority stake in Sustainable Growth Advisers. Financial terms weren't announced. Stamford, Conn.-based Sustain Growth is a boutique asset management firm.
2 min read · 27 August 2013
Genufood Energy Enzymes Corp. said Tuesday it secured $3 million in funding from Kodiak Capital Group. Kodiak, an institutional investor, is buying $3 million in common stock from Genufood Energy. Houston-based Genufood distributes nutraceutical enzyme products.
3 min read · 27 August 2013
Logibec Groupe Informatique Ltée, a platform company of OMERS Private Equity, has acquired ReaEvolution. Financial terms weren't announced. ReaEvolution, of Quebec, specializes in the development of medical charting and clinical decision support solutions for prehospital and emergency care.
3 min read · 27 August 2013
To start your Tuesday, Apple plans to launch its iPhone trade in next month, the rise and fall of a startup mansion in Silicon Valley and Serena Williams needs only an hour to win her opening match at the U.S. Open.
1 min read · 27 August 2013
Alison Sternberg has joined TrueCar as VP of Investor Relations and Administration. Most recently, Sternberg worked at Modular Wind Energy where she was Chief of Staff to the CEO. Santa Monica, Calif.-based TrueCar sources, compiles, and analyzes car-buying information. In 2011, TrueCar raised $200 million in debt and equity financing.
3 min read · 26 August 2013
