Private Equity
Panorays said Dec. 4 that it raised $15 million in a Series A funding round led by Oak HC/FT. Previous investors Aleph VC and security industry veteran Lane Bess, former CEO of Palo Alto Networks, also participated in the round. Panorays provides automated third-party lifecycle security management.
3 min read · 04 December 2019
XP Inc will be launching a 1.25 billion reais ($297.87 million) private equity fund, Reuters reported. Chu Kong, a former Actis partner, joined XP as a partner to lead the firm’s PE strategy, the story said.
1 min read · 27 November 2019
VTEX Cloud Commerce Platform said Nov. 26 that it raised a $140 million investment round from SoftBank's Latin America fund in conjunction with Gávea Investimentos and Constellation Asset Management. VTEX is an e-commerce platform serving brands and retailers in 28 countries.
4 min read · 27 November 2019
Shutterfly Inc said Nov. 26 that Hilary Schneider was named president and CEO effective Jan. 25. She succeeds Ryan O’Hara, who was appointed president and CEO in June. Dwayne Black, Shutterfly’s senior vice president and chief operations 0fficer, along with Jim Hilt, president of Shutterfly’s consumer business, will serve as interim co-CEOs during the transition period, effective December 2, 2019, until Schneider’s planned start date. Apollo Global Management completed its buy of Shutterfly in September.
4 min read · 27 November 2019
Silver Lake has agreed to invest $500 million in City Football Group, an owner and operator of football clubs. Silver Lake will have just over 10 percent of City Football, which owns Manchester City.
4 min read · 27 November 2019
Taurus Investment Holdings LLC said Nov. 27 that it sold an 8.2 million square foot logistics portfolio located in Chicago, Dallas, Atlanta and Memphis markets to Investcorp. Taurus said exited its US Logistics Fund I and three co-investment vehicles totaling $204 million in equity capital.
3 min read · 27 November 2019
Jordan Co said Nov. 26 that it completed its buy of Polymer Solutions Group’s Polymer Additives division. Arsenal Capital Partners is the seller. Financial terms weren’t announced. PSG Polymer, of Cleveland, provides homogenizing agents, process aids, dispersions, and release agents for the rubber, plastic, and engineered wood industries globally.
3 min read · 27 November 2019
Coralogix said Nov. 26 that it raised $10 million in a Series A funding round led by Aleph. Participating in the round were StageOne Ventures, JANVEST Capital Partners, and 2B Angels. Coralogix is a log analytics platform.
3 min read · 27 November 2019
Partners Group is weighing a sale of software provider Civica Group, Bloomberg reported. Partners Group could launch a sales process early next year and is currently fielding pitches from advisers, the story said. Civica could sell for at least 1.5 billion pounds ($1.9 billion), Bloomberg said.
1 min read · 27 November 2019
Silver Lake has agreed to buy a more than 10 percent stake in City Football Group, which owns Manchester City for $500 million, the Financial Times said. Abu Dhabi United Group, the investment vehicle owned by Sheikh Mansour bin Zayed Al Nahyan, will remain the majority CFG shareholder with a stake of around 77 percent after the deal, Reuters said.
1 min read · 27 November 2019