Private Equity
To end your week, we have Airbnb founder Brian Chesky's thoughts on the sharing economy, rumors about Apple's next version of the iPad and iPad mini, and ways to avoid the flu.
1 min read · 11 January 2013
It looks like Madison Dearborn Partners' investment in EVO Payments International is pretty sizeable.
2 min read · 11 January 2013
To end your Thursday, we have news that AmEx is cutting 5,400 jobs, Smartphone won't be Apple's future, and Sammy Sosa's kooky Pinterest page.
1 min read · 10 January 2013
To end your Wednesday, we have news that Reddit is out raising $1 million, AIG suddenly doesn't want to sue the U.S. government and Lance Armstrong is coming clean to Oprah. And so much more!
1 min read · 09 January 2013
Bertram Capital has acquired Webex Holdings, a portfolio company of Wynnchurch Capital. Financial terms weren't announced. Neenah, Wis.-based Webex makes engineered rolls, converting components and specialized machinery used in web process manufacturing. Livingstone provided financial advice to Webex/Wynnchurch.
3 min read · 09 January 2013
Guggenheim Partners, Cinnober Financial Technology and Broadhaven Capital Partners have provided initial growth capital to Binary Event Network. Financial terms were not announced. New York-based Binary Event Network provides technology that allows consumers to view sporting events and bet on them (but no money changes hands, a spokeswoman says). BEN will use the investment to launch TradeSports.
4 min read · 09 January 2013
Providence Equity Partners has acquired Miller Heiman. Financial terms were not announced. Reno, Nevada-based Miller Heiman is a sales performance training and consulting firm.
3 min read · 09 January 2013
Bruckmann, Rosser, Sherrill & Co. said Wednesday that it has acquired Royal Robbins. The seller was Kellwood Company, a Sun Capital Partners portfolio company. Financial terms were not announced. Modesto, Calif.-based Royal Robbins designs, makes and markets outdoor and retail apparel.
2 min read · 09 January 2013
MidOcean Partners has acquired a majority stake in Agilex Flavors & Fragrances. Financial terms weren't announced. The seller was Nautic Partners. Piscataway, N.J.-based Agilex provides fragrance compounds and delivery systems sold primarily to manufacturers of air care, personal care, industrial and institutional and household products. Fidus Partners provided financial advice to Agilex.
4 min read · 09 January 2013
Payment Alliance International is up for sale and expected to draw bids from middle market private equity firms, three sources say. Bank of America Merrill Lynch is advising on the auction
1 min read · 09 January 2013
