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.
Teakwood Capital said Wednesday that Kevin Klausmeyer has joined as an executive partner. Klausmeyer was formerly the CFO of The Planet, RLX Technologies and PentaSafe Security.
2 min read · 19 June 2013
Insight Venture Partners, Red Oak Growth Partners, and Egis Capital Partners have invested in Card Scanning Solutions. Financial terms weren't announced. Card Scanning provides identity solutions software for reading data from driver licenses, medical cards, and other official documents.
4 min read · 19 June 2013
Intervale Capital has acquired Antelope Oil Tool & Manufacturing Co. Financial terms weren't announced. Mineral Wells, Texas-based Antelope makes oilfield casing and cementing products. George Ribble was named Antelope's president and CEO.
2 min read · 19 June 2013
Catterton Partners, which is out fundraising for its seventh pool, is taking portfolio company Noodles public. The consumer-focused PE firm acquired a stake in Noodles in December 2010.
2 min read · 19 June 2013
Dell's special committee said Tuesday that it does not endorse the latest concept put forth by Carl Icahn. Icahn wants Dell to pursue a self-tender for its shares of about $16 billion, Dell said. The Dell special committee said that Icahn's concept does not provide "financing, nor any commitment from any party to participate, nor any remedy for the company and its shareholders if the transaction is not consummated."
5 min read · 18 June 2013
Fort Dearborn Company, which is backed by KRG Capital Partners, has acquired AC Label. Financial terms weren't announced. The deal includes St. Louis Litho and St. Louis Pressure Sensitive. AC Label supplies specialty cut & stack and pressure sensitive labels primarily for the beverage, nutraceutical and spirits markets.
2 min read · 18 June 2013
Sun Capital Partners has acquired Johnny Rockets. Financial terms weren't announced. RedZone Capital is the seller. Johnny Rockets, of Aliso Viejo, Calif., is a burger chain with 300 corporate and franchise-owned restaurants in 30 states and 16 countries. North Point Advisors provided financial advice to RedZone and Johnny Rockets.
1 min read · 18 June 2013
The IPO of HD Supply could provide a way for Bain Capital, the Carlyle Group and Clayton Dubilier & Rice to recoup their investment.
3 min read · 18 June 2013
Parakweet said Tuesday it secured $2 million in funding led by a group of investors including Scott Banister, an early investor in PayPal, Zappos and Powerset; Alan Braverman, co-founder of Yammer and Eventbrite; David Jeske, former Director of Engineering at Google; and other angel investors and entrepreneurs. San Francisco-based Parakweet is a platform that offers product recommendations to consumers, as well as social media analytics and metadata to global media companies
3 min read · 18 June 2013
Jon Leibowitz, former Chairman of the Federal Trade Commission, is joining Davis Polk & Wardwell as a partner in its Washington, DC office. Leibowitz served as Chairman of the FTC from 2009 to 2013 and as a Commissioner from 2004 to 2009.
4 min read · 18 June 2013
