Private Equity
OpenGate Capital has acquired a majority of CoreMedia. Silicon Valley Bank, a subsidiary of SVB Financial Group, is also investing. Financial terms of the deal weren’t announced. CoreMedia, of Hamburg, Germany, is a content management platform and developer of CoreMedia Content Cloud.
3 min read · 05 November 2019
Private equity is bidding for game developer Leyou Technologies Holdings Ltd, Bloomberg is reporting. Bain, CVC and KKR are vying for Leyou, which has hired Moelis as its financial adviser, the story said.
1 min read · 05 November 2019
Turbonomic has acquired Boston-based software company SevOne. No financial terms were disclosed. Turbonomic's backers include Bain Capital Ventures, General Atlantic, Globespan Capital Partners, Highland Capital Partners and Iconiq Capital.
3 min read · 04 November 2019
Waterloo, Ontario-based Sera4, an enterprise smart lock maker, has secured $1.5 million in financing. The investor was BDC Capital's growth and transition capital division. The capital infusion will be used for inventory, product development and sales and marketing. Sera4 was founded in 2014 by Jerod Klin, an ex-software engineer at BlackBerry.
2 min read · 04 November 2019
Buyouts recently sat down with Friedland, global head of M&A for the Cross Markets Group, and Pete Lyon, global head of the financial institutions group and the financial and strategic investors group, to talk about the new effort and the market overall.
6 min read · 04 November 2019
Mega Broadband Investments LLC, which is backed by GTCR, has acquired Shawnee, Oklahoma-based Vyve Broadband, a provider of high-speed data, television and voice services to residential and business customers in rural markets across Oklahoma, Kansas, Texas, Arkansas, Louisiana, Tennessee, Georgia and Wyoming. No financial terms were disclosed. Lazard Middle Market LLC acted as financial adviser to GTCR and MBI.
2 min read · 04 November 2019
Riverside Company wants to build out its education technology platform after the recent merger of OmniUpdate and Destiny Solutions.
2 min read · 01 November 2019
Source Code, which is backed by JMC Capital Partners, has acquired London-based Broadberry Data Systems, an IT hardware supplier/integrator. No financial terms were disclosed.
2 min read · 31 October 2019
Destiny Solutions, which is backed by The Riverside Company, has merged with Camarillo, California-based OmniUpdate, a web content management system provider for higher education. No financial terms were disclosed. Toronto-based Destiny Solutions is a student lifecycle management solution provider for continuing education and other non-traditional higher education students.
3 min read · 31 October 2019
LexisNexis has formed a joint venture with Axiom, a portfolio company of Carrick Capital via an investment in Axiom spin-off Knowable, a provider of enterprise contracts intelligence. Also, Permira has made a "significant" investment in Axiom and is now the majority owner of the legal services provider. And, JPMorgan Chase has closed its acquisition of Carrick portfolio company InstaMed, a U.S. healthcare technology company that specializes in healthcare payments. No financial terms were disclosed.
3 min read · 31 October 2019
