3i Group has sold its stakes in ten portfolio companies to Cipio Partners, a direct secondaries firm. No financial terms were disclosed for the sale, which involved companies from 3i’s European venture capital portfolio.
3 min read · 21 April 2009
2 min read · 21 April 2009
3 min read · 21 April 2009
2 min read · 21 April 2009
2 min read · 21 April 2009
1 min read · 21 April 2009
2 min read · 21 April 2009
GE Capital has sold its stake in SAFE Security, a San Ramon, Calif.-based security alarm company, to Rustic Canyon/Fontis Partners. No pricing terms were disclosed, except that the deal included a $25 million senior credit facility from Bank of America.
3 min read · 20 April 2009
Daniel Zimmermann has joined Sonnenschein Nath & Rosenthal as a Palo Alto-based partner in the firm's Venture Technology group.
3 min read · 20 April 2009
Dayton Superior Corp., a Dayton, Ohio-based concrete forming and shoring rental company, has filed for Chapter 11 bankruptcy protection. Odyssey Investment Partners acquired the company in 2000, and still maintained a sizable stake following a 2006 IPO. As of March 31, Odyssey held nearly 48% of Dayton Superior's common stock. www.daytonsuperior.com
1 min read · 20 April 2009
