2 min read · 25 June 2019
MX said June 25 that it raised $100 million in financing led by Battery Ventures, with participation from new investors H.I.G. Capital, Point72 Ventures, Sorenson Capital, Pelion Venture Partners, and Cross Creek Capital. Existing investors participated in the round including Industry Ventures, Digital Garage, TTV Capital, and Commerce Ventures; as well as from customers USAA, National Bank of Canada and Washington Federal. MX provides financial data services.
3 min read · 25 June 2019
Lovell Minnick Partners said June 25 that it completed a minority investment in oneZero Financial Systems. Financial terms weren’t announced. OneZero provides software and technology solutions to the foreign exchange trading industry.
4 min read · 25 June 2019
Vision Innovation Partners, the former Chesapeake Eye Care, said June 24 that acquired a majority interest in Eye Care Specialists. Financial terms weren’t announced. Eye Care Specialists is an ophthalmology practice group with nine locations in northeastern Pennsylvania. Vision Innovation Partners is backed by Centre Partners.
2 min read · 25 June 2019
Twin Bridge Capital Partners said June 25 that Matt Petronzio has joined the firm as a partner. Petronzio will be based out of Winston-Salem, North Carolina. Petronzio was previously a partner with Five Points Capital.
2 min read · 25 June 2019
Showpad said June 25 that it raised $70 million in Series D funding led by Dawn Capital and Insight Partners. Existing investor Hummingbird Ventures and new investor Korelya Capital also participated. Showpad provides sales enablement software.
4 min read · 25 June 2019
Water’s Edge Dermatology, a portfolio company of Gryphon Investors, said June 25 that it acquired a controlling stake in Aqua Plastic Surgery. Financial terms weren’t announced. Aqua Plastic, of Jupiter, Florida, is plastic surgery practice.
3 min read · 25 June 2019
Chico's FAS Inc said June 24 that it has taken additional steps to demonstrate its ongoing commitment to strong corporate governance policies and practices. Chico’s has opted out of the control share acquisition statute under the Florida Business Corp Act. The women’s retailer said this eliminates the need for a special meeting and allows all shareholders to freely vote their shares. Chico’s has rebuffed several takeover bids from Sycamore Partners.
6 min read · 25 June 2019
Allfunds and Credit Suisse said they have agreed to merge Credit Suisse's InvestLab with Allfunds. Financial terms weren’t announced. Hellman & Friedman and GIC will continue to own a majority of Allfunds, while Credit Suisse will become a minority shareholder with a distribution relationship with Allfunds. The combined business will distribute over 78,000 funds and ETFs to more than 700 distributors across 45 countries and have AuA of more than 500 billion euros.
3 min read · 25 June 2019
WRM Group bought 33.175 percent of the Badrutt’s Palace Hotel AG. Financial terms weren’t announced. Badrutt owns the Palace Hotel in St. Moritz and the Chesa Veglia restaurant.
2 min read · 25 June 2019