California-based Appirio has acquired Infowelders, the salesforce.com consultancy business specializing on sales and services cloud development. Appiro is backed by Sequoia Capital and GGV Capital.
3 min read · 21 March 2011
Pennsylvania-based private equity firm L2 Capital Partners will acquire Landfill Service Corp., a New York-based supplier of landfill products and equipment. McGladrey Capital Markets worked on the transaction and was exclusive advisor to Landfill Service Corp. Terms of the transaction were not publicized.
2 min read · 21 March 2011
"Let’s be entrepreneurial and act like an incubator for urban change. Let’s not be afraid for some ideas to fail. Let’s use base-lining and data analytics to measure and correct.” These are quotes you might hear coming from a Silicon Valley entrepreneur, someone immersed in a place where innovation is the cultural norm. In fact, these quotes are from Cory Booker, mayor of Newark, N.J., a place where innovation in urban government is becoming the norm. As mayor, Cory combines innovation with entrepreneurship in his approach to urban governance. Cory was in Silicon Valley last week and he addressed a crowd of investors at the Western Association of Venture Capital (WAVC) lunch with his message of urban revitalization, done Silicon Valley style. As a Rhodes Scholar with an undergraduate degree from Stanford (playing football for the Cardinal as well) and a law degree from Yale, Cory has an uncommon pedigree for the mayor of a gritty, urban city.
2 min read · 17 March 2011
The Tavistock Group will acquire the multi-concept restaurant company that operates Timpano Chophouse and Martini Bar, AquaKnox and Taqueria Canonita. Headquartered in Orlando, E-Brands Restaurants sold its brands and seven restaurant locations to the Orlando-based private investment company after filing for bankruptcy last summer.
2 min read · 10 March 2011
3 min read · 09 March 2011
Kohlberg & Co. portfolio company Chronos Life Group completed the acquisition of a majority ownership stake in Life Equity LLC, an Ohio-based life settlement provider and asset servicer. Ranks will be shuffled as part of the deal; Kyle Kibler, who was COO of Life Equity, will succeed company co-founder Brian Smith as CEO.
2 min read · 08 March 2011
4 min read · 08 March 2011
4 min read · 08 March 2011
3 min read · 08 March 2011
Fallbrook Technologies, the San Diego-based provider of technology for improving the performance and flexibility of transmissions for vehicles and equipment, has bought Hodyon LP, a maker and distributor of energy efficient products and systems. Terms were not disclosed. Macquarie Capital Markets, NGEN Partners, and Robeco are Fallbrook’s major shareholders. The company has raised $95 million to date.
3 min read · 07 March 2011
