Soltas Energy Corp., the New York-based portfolio company established by NY PE firm Barron Partners, has bought a majority stake in Sunergy America LLC, based in New Jersey. Specifics on the deal were not publicized. Sunergy America provides solar power services across the state of New Jersey. The company is evaluating additional markets for expansion.
3 min read · 09 August 2011
Chicago-based private equity firm Wind Point Partners is dealing its Marshfield DoorSystems, a provider of doors and related products for commercial and architectural markets, to Masonite International Corp. in a deal where terms were not publicized. The PE firm had held the company for about 11 years; Reed Smith LLP acted as the exclusive legal advisor to Marshfield DoorSystems.
2 min read · 09 August 2011
Juan-Pablo Mas has been appointed a senior associate on the life science team of Morgenthaler Ventures, the California-based VC investor. He will work on life sciences and medical device investments. Prior to joining Morgenthaler, Mas worked with Medtronic and Eli Lilly & Co.
2 min read · 08 August 2011
Connecticut Innovations, the quasi-public state authority for tech innovation, joined LaunchCapital to provide Novatract Surgical LLC, the laparoscopic medical device maker. Advantage Capital Connecticut and another individual investor also participated in the funding.
3 min read · 08 August 2011
Freeman, the Dallas-based marketing and conference coordinator, has acquired Wheelhouse Solutions, a parent company to several companies to which the Texas company is a client. Wheelhouse was a portfolio company of North Carolina private equity firm Pamlico Capital, formerly Wachovia Capital Partners. MHT Securities advised on the transaction.
4 min read · 08 August 2011
Biosurgery device company LifeBond has lured $20 million in a Series C round with investors Giza Capital and Aurum Ventures, with Johnson & Johnson Development Corp. participating in the round as well. Other investors in the Israel-based company include Pitango Venture Capital, and the Sitelman Group.
2 min read · 08 August 2011
Todd Papaioannou, the architect of Yahoo’s cloud computing group, will join Battery Ventures as an entrepreneur in residence. He will work on investment opportunities in the data, cloud computing and analytics spaces. GigaOM first reported the news on its website.
4 min read · 05 August 2011
2 min read · 05 August 2011
Atinum Partners Co., the Korean investment firm, has struck a deal with SandRidge Energy, the Oklahoma-based oil field services and energy company, for a $500 million drilling project. SandRidge was advised by Tudor, Pickering, Holt & Co. and Vinson & Elkins LLP, and Atinum was advised by Barclays Capital and Skadden, Arps, Slate, Meagher & Flom LLP in this transaction.
3 min read · 04 August 2011
3 min read · 04 August 2011
