Private Equity
To end your Wednesday, there's news that Google Glass will be made in the U.S., the Chicago Cubs are the most profitable team in baseball and holey moley Ashley Judd isn't running for Senate.
1 min read · 27 March 2013
TA Associates and Updata Partners said Wednesday they plan to make a "significant" investment in Nintex Group. Financial terms were not announced. Nintex, of Melbourne, Australia, is a software provider. Macquarie Capital is currently a Nintex investor. The Wall Street Journal said the consortium's offer for Nintex was valued at US$222 million. Spurrier Capital Partners and Macquarie provided advisory services to Nintex.
4 min read · 27 March 2013
Velocity Technology Solutions, which is backed by Silver Lake Sumeru, has acquired velos-IT. Financial terms were not announced. Glasgow, Scotland-based velos-IT provides hosting, managed services and consulting to medium- and large-scale European companies.
3 min read · 27 March 2013
Overall Capital Partners has acquired Honeycomb Company of America. Financial terms weren't announce. Sarasota, Fla.-based Honeycomb makes , flight critical, bonded, composite assemblies for U.S. military aircraft platforms. BB&T Capital Markets | Windsor Group provided financial advice to Honeycomb.
2 min read · 27 March 2013
Madison Dearborn Partners and Providence Equity Partners may get some of their money back when CDW goes public. The Vernon Hills, Ill.-based technology products retailer filed last week with the SEC to raise as much as $500 million in an IPO.
2 min read · 27 March 2013
Source Refrigeration & HVAC, which is backed by Arsenal Capital Partners, has acquired Fournier Air Conditioning and Refrigeration. Financial terms weren't announced. Jacksonville, Fla.-based Fournier provides refrigeration and HVAC services to grocery, commercial, industrial, and retail clients throughout Florida and South Carolina.
3 min read · 27 March 2013
Today's news includes word of a Pinterest for men, T-Mobile will begin selling the iPhone on April 12 and what is Yahoo getting for the $30 mln it spent on Summly.
1 min read · 26 March 2013
ORIX Ventures said Tuesday that it closed a $10 million commitment to Serena & Lily. Sausalito, Calif.-based Serena & Lily offers textiles, furnitures and other home decor products.
3 min read · 26 March 2013
The fundraising market may be difficult but that's not stopping New Mountain Capital and Levine Leichtman Capital. New Mountain is officially out marketing for a $3 billion fund, while Levine Leichtman is seeking $1.5 billion for its latest structured pool which may be increased to $2 billion.
2 min read · 26 March 2013
Today's news includes word that Mark Zuckerberg may be forming a super PAC, Yahoo is buying Summly and Tiger Woods is No. 1 again.
1 min read · 25 March 2013