3 min read · 13 January 2011
GE has struck a deal with The Gores Group to acquire the private equity firm’s Lineage Power Holdings Inc. Deutsche Bank is financial advisor to GE on the transaction. Morgan Stanley was financial advisor to Lineage Power and the Gores Group.
5 min read · 13 January 2011
SmallRivers SA, the Swiss developer of Paper.li, a social news app, just reeled in $2.1 million in financing from Highland Capital Partners, Softbank Capital and Endeavour Vision. Dan Nova of Highland Capital Partners and Ronald Fisher of SoftBank Capital will join the company's board of directors as part of the transaction. Also, SmallRivers will move part of its team to the U.S.
2 min read · 12 January 2011
TagMan, the tag management system for enterprise e-commerce, has secured $2.25 million in a Series A round of fundraising that included Greycroft Partners and iNovia Capital, as well as additional angel investors. The company’s initial angel round reeled in $2.1 million from investors including Cambridge Angels and the London Business School E100. Seth Brody, from Greycroft, Shaun Gregory, of 02, and John Taysom, of Cambridge Angels, will be represented on the company’s board; Gregory will also become chairman.
4 min read · 12 January 2011
Strava Inc., a maker of apps for athletes, has secured a $3.5 million Series A funding round from investors led by Sigma Partners. The company will continue hiring and establishing additional products and services. The company was founded by Michael Horvath and Mark Gainey and creates apps for multiple devices.
3 min read · 12 January 2011
PHP Fog, the cloud computing platform, secured a $1.8 million financing from Madrona Venture Group, First Round Capital and Founder’s Co-Op, along with other angels. The company was founded in 2010 by Lucas Carlson.
3 min read · 12 January 2011
2 min read · 11 January 2011
Keystone Automotive Operations Inc., the Pennsylvania-based maker of specialty automotive equipment and accessories, has reached agreements with affiliates of Platinum Equity and Littlejohn & Co. to reduce its outstanding debt by $295 million. Kirkland & Ellis, Miller Buckfire & Co., and FTI Consulting provided advice to Keystone; Willkie Farr & Gallagher provided advice to the PE firms.
3 min read · 11 January 2011
2 min read · 11 January 2011
4 min read · 11 January 2011
