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.
The private equity owners of Numericable have hired Rothschild to work on a Paris stock market debut this year that could value the French cable operator at up to 5 billion euros ($6.7 billion), sources tell Reuters.
2 min read · 12 June 2013
Alex Glantz and Todd J. Davison have joined Centerview Partners as partners to co-head the firm's media group. Most recently, Glantz and Davison were Co-Heads of North American Media at Morgan Stanley.
4 min read · 12 June 2013
Silverback Learning Solutions has secured $2.5 million in financing from angel investors. Silverback Learning is the developer of Mileposts, an instructional improvement system used in schools K-12.
4 min read · 12 June 2013
Gladstone Investment Corp. said Wednesday it has acquired Star Seed and invested $9 million debt and equity. Broadgate Capital, Highline Equity and company management also participated. Osborne, Kan.-based Star Seed provides specialty seeds.
2 min read · 12 June 2013
EG Capital is selling Water Pik to MidOcean Partners, sources tell peHUB.
2 min read · 12 June 2013
Amulet Capital Partners, the private equity firm cofounded by Ramsey Frank, has held discussions with investors about raising its first fund, sources tell pehUB.
1 min read · 12 June 2013
Damon Kirchmeier has joined Auxano Funding as a Managing Director. Salt Lake City-based Auxano provides revenue based loans to early stage companies.
2 min read · 12 June 2013
RTI Biologics has agreed to buy Pioneer Surgical Technology and is paying $130 million cash for the company's stock. Water Street Healthcare Partners is providing a $50 million private placement of preferred equity to support the deal. TD Bank, N.A., TD Securities “USA” LLC and Regions Bank are providing a 5-year, $80 million senior secured facility. RTI will appoint two directors designated by Water Street to serve on the combined company’s board. Alachua, Fla.-based RTI provides orthopedic and other biologic implants.
7 min read · 12 June 2013
Dataminr said Wednesday it raised a $30 million VC round of funding led by Venrock and Institutional Venture Partners. Dataminr said that $25 million came from Venrock and IVP while $5 million was from existing investors, including GSV Capital Corp, Deep Fork Capital, and Wharton Equity Partners. New York-based Dataminr is an information discovery company.
4 min read · 12 June 2013
European Capital Ltd. has closed the sale of Metall Technologie Holding GmbH. LOI Thermprocess GmbH, a subsidiary of Tenova SpA, was the buyer. Financial terms weren't announced. European Capital, which is backed by American Capital, said it earned a 1.6x money multiple on its investment. MTH, of Menden, German, provides industrial heat treatment technology and aftermarket services.
4 min read · 12 June 2013
