2 min read · 19 July 2011
New York social media agency Big Fuel has sold a stake to Publicis Groupe, the listed, Paris-based advertising and communications company. Publicis Groupe will acquire a 51% stake for terms undisclosed and will have an opportunity to acquire Big Fuel entirely in 2014. The Jordan Edmiston Group represented Big Fuel in the deal.
4 min read · 19 July 2011
Kim Larsen, who served as head of business development and general counsel with Corvis Corp., will join the Alternative Asset Risk Management Corp.’s board of directors. Larsen is a member of Capital Creation LLC, an investor in AARM. Larsen will replace founding AARM board member Nitin Nohria, who stepped down to become dean at Harvard Business School.
3 min read · 14 July 2011
3 min read · 14 July 2011
2 min read · 14 July 2011
Apica, the load testing and performance monitoring provider for cloud and mobile applications, has closed a $2 million Series B round with the help of investors KTH Chalmers Capital, Industrifonden and ALMI Invest. ALMI Invest joins as a new investor. Johan Englund, Investment Manager with Industrifonden, and Jonas Rahmn, partner at KTH Chalmers Capital, worked on the deal.
3 min read · 14 July 2011
Eaton Partners, the placement agent, has added staff in London, Shanghai, and in its Connecticut offices. Joseph Scanlon and Ajay Ahujabased in Rowayton, Silvia Calvo-Alcala and Charles Vernudachi based in London, and Chris Lerner, based in Shanghai, have all recently joined Eaton Partners to support the firm’s operations, and strengthen its global origination, execution and distribution capabilities.
4 min read · 13 July 2011
Doug Stevenson will step down as CEO of Vibrant Media, the advertising company backed by ABS Capital Partners, and co-founder Craig Gooding was named non-executive chairman and will serve as strategic counsel. CFO Jeff Babka will run day-to-day operations as COO.
3 min read · 13 July 2011
Former Oklahoma Congressman J.C. Watts will join Farragut Capital Partners as a senior partner and will work on the Farragut Mezzanine Partners III Fund. Watts will provide counsel to the firm’s investment principals. He will also contribute to Farragut’s marketing and fundraising efforts.
3 min read · 13 July 2011
Serent Capital will invest in C2 Educational Systems, a provider of enrichment centers for K-12 students. David Kennedy, a co-founder and general partner with Serent, worked on the transaction. C2 was advised on the transaction by Arlington Capital Advisors.
2 min read · 13 July 2011
