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.
InternMatch said Tuesday it raised a $4 million Series A round of funding led by Artis Ventures and Subtraction Capital. The round also includes new investments from previous investors 500 Startups, Kapor Capital, Rudy Gadre and others. InternMatch is a platform for helping companies find and hire talented students.
3 min read · 11 June 2013
TalentWise said Tuesday it raised $25 million of growth capital. TalentWise did not name the investor but said it was a Seattle-based private equity investor group. Citi served as the sole placement agent to TalentWise, which provides a platform that aims to automate the hiring process.
3 min read · 11 June 2013
Payment America Systems said Tuesday that it has named Phil Christianson President and CEO. Payment America, a provider of outsourced revenue cycle services, is a portfolio company of Council Capital.
3 min read · 11 June 2013
Google said Tuesday in a blog post that it has closed its buy of Waze. Financial terms were not announced. Waze is an online real-time mapping service. Reuters has valued the deal at $1.3 billion.
1 min read · 11 June 2013
Monroe Capital said Tuesday it provided a $35 million unitranche credit facility to support the growth of Accutest Laboratories by Bolder Capital. Dayton, N.J.-based Accutest provides environmental testing services.
1 min read · 11 June 2013
TVA Medical said Monday that raised $9.5 million in series B financing led by S3 Ventures. TriStar Technology Ventures and existing investor, Santé Ventures also participated. Austin-based TVA is a medical device company.
3 min read · 11 June 2013
KapStone Paper and Packaging Corp. said Monday it is buying Longview Fibre Paper and Packaging for $1.025 billion cash. Brookfield Capital Partners is the seller. Longview, of Longview, Wash., makes containerboard, multiwall paper, specialty Kraft papers, and corrugated containers. Bank of America, Barclays Bank, and Wells Fargo Bank are providing financing.
5 min read · 10 June 2013
Veronis Suhler Stevenson has invested in Navtech. Financial terms weren't announced. VSS's investment came from its second structured capital fund, VSS Structured Capital II. Navtech, of Waterloo, Canada, provides flight operations software and tools for the commercial aviation industry. Veronis replaced Navtech's existing debt with its own, says Hal Greenberg, a VSS partner. Cambridge Information Group continues to be Navtech's majority and lead investor, he says.
3 min read · 10 June 2013
Thoma Bravo looks like its getting back half of its investment in Deltek Systems in less than a year.
1 min read · 10 June 2013
ACON Investments said it raised $751.4 million for its most recent fund. ACON Equity Partners III LP was oversubscribed. Investors included public pension funds, endowments, insurance companies, fund‐of‐funds and family offices from the US, Europe, Asia, and the Middle East. Mercury Capital Advisors was placement agent.
2 min read · 07 June 2013
