Private Equity
Vicente Capital Partners has acquired a controlling stake in Intellectual Technology. Financial terms were not announced. Carlsbad, Calif.-based ITI provides on-demand printing and fulfillment solutions to modernize DMV operations and services. Imperial Capital provided financial advice to ITI.
3 min read · 16 November 2012
Qualcomm Technologies said Friday it has acquired certain assets of EPOS Development. Financial terms were not announced. EPOS, of Hod Hasharon, Israel, develops ultrasound technologies for input solutions. EPOS is backed by Jerusalem Venture Partners, Walden Israel Venture Capital and Tel-Ad.
3 min read · 16 November 2012
Monitor Clipper Partners, along with Augusto Orsini, have jointly acquired Sengewald Klinikprodukte GmbH. Financial terms were not announced. Rohrdorf, Germany-based Sengewald produces drapes, gowns, and custom procedure trays for surgical theaters.
3 min read · 16 November 2012
4 min read · 16 November 2012
To end your week, there's some hope we'll avoid the fiscal cliff, Reed Hastings isn't looking for a Netflix buyer and the starting bid for a single Twinkie is $5000 on eBay.
1 min read · 16 November 2012
Ruckus Wireless, which is backed by Sequoia Capital, went pubic Friday on the NYSE. A WiFi products maker, Ruckus priced 8.4 million shares at $15 each, Reuters has reported.
2 min read · 16 November 2012
Outdoor Channel Holdings said Friday it is merging with InterMedia Outdoors Holdings, which controls The Sportman Channel. Press reports pegged the deal value at $208 million in cash and stock. InterMedia Partners, the PE firm, owns InterMedia Outdoors. The Sportsman Channel is a cable TV network for outdoor enthusiasts. InterMedia will have a majority stake in IMOH and own, along with minority members of IMOH, 67.6%. Outdoor Channel stockholders are expected to own approximately 32.4% of IMOH. CIT Communications, Media & Entertainment is providing $150 million in financing. Lazard provided financial advice to Outdoor Channel Holdings.
9 min read · 16 November 2012
In Second Opinion, Dell's quarterly results are below expectations, the future of Twinkies could be in doubt and Sarah Austin complains about being on a Silicon Valley reality show.
1 min read · 15 November 2012
About three hundred private equity executives gathered for the Buyouts conference in Dallas earlier this week. The meeting started out with Kevin Conway, Clayton, Dubilier & Rice's managing partner, who spoke about how the private equity industry needs to do a better job explaining itself.
1 min read · 15 November 2012
GLM, which is backed by Providence Equity Partners, has acquired e-commerce events group of Vertical Web Media. Financial terms weren't announced. The acquisition includes Internet Retailer Conference & Exhibition and two allied events – Internet Retailer Mobile Marketing & Commerce Forum and Internet Retailer Web Design and Usability Conference.
4 min read · 14 November 2012