Crown Acquisitions and Highgate have agreed to buy the 27-story glass and steel office and retail tower at 650 Madison Avenue from the Carlyle Group for $1.3 billion. Carlyle Realty Partners V, a $3 billion opportunistic U.S. real estate fund, made the investment in 2008.
4 min read · 03 June 2013
Linea said Friday it raised a $4 million venture capital round. Linea is a mobile photo browsing app.
3 min read · 31 May 2013
Just how much are Bain Capital and Golden Gate Capital investing in BMC Software? Not that much.
2 min read · 31 May 2013
Larry Calton has joined ChurchillTerry's professional services team. Calton is the founder and manager of North Texas Enterprise Center. Dallas-based ChurchillTerry is a business advisory firm.
2 min read · 31 May 2013
WGL Holdings, through its subsidiary Capitol Energy Ventures Corp., is investing in Constitution Pipeline Co. CEV will invested an estimated $68 million and hold 10% in the pipeline venture. Other investors in the project include Williams Partners L.P., Cabot Oil and Gas Corp. as well as Piedmont Natural Gas. Constitution Pipeline will transport natural gas from the Marcellus region in northern Pennsylvania to major northeastern markets.
4 min read · 31 May 2013
Promotora has sold its stake in Easy Solutions to Medina Capital Partners. Financial terms weren't announced. Sunrise, Fla.-based Easy Solutions is a security vendor.
2 min read · 31 May 2013
Funky Chunky, which is backed by Consolidated Investment Group, has acquired Gracious Gifts. Financial terms weren't announced. Minneapolis-based Gracious Gifts developed FunkyChunky Chocolate Caramel Popcorn.
2 min read · 31 May 2013
Dell said Friday it filed definitive proxy materials with the SEC in connection with a special meeting to be held on July 18 to approve Michael Dell's and Silver Lake's buy of the PC maker for $13.65 a share. Dell's special committee is recommending that shareholders vote to approve the takeover.
8 min read · 31 May 2013
To start your morning, Google is adding nutritional data for 1000 foods to its searches, BT dumps Yahoo as its email provider and Grumpy cat has a movie deal.
1 min read · 31 May 2013
Teakwood Capital has made a growth capital investment in Marketing Advocate. Financial terms were not disclosed. Centerville, Mass.-based Marketing Advocate provides a marketing platform for tech companies and their channel resellers.
2 min read · 31 May 2013