Private Equity
Yankee Global Enterprises, Sinclair Broadcast Group and Amazon have acquired the YES Network from Walt Disney for $3.47 billion. RedBird Capital, Blackstone and Mubadala Capital made equity investments in the transaction. YES is a regional sports network, broadcasting games, programs and specialty content for the New York Yankees, the Brooklyn Nets, Major League Soccer’s New York City FC and the WNBA’s New York Liberty.
6 min read · 29 August 2019
Marlin Equity Partners said Aug. 28 that it acquired Influenster. Financial terms weren’t announced. Influenster is a product discovery and reviews platform. Influenster raised $8 million in funding from Ebates in 2016, PitchBook said.
3 min read · 29 August 2019
ClearCourse Partnership LLP, which is backed by Aquiline Capital Partners, has acquired BrightOffice. Financial terms weren’t announced. BrightOffice provides hosted, enterprise customer relationship management software to several different industries.
3 min read · 29 August 2019
Protos Security, which is backed by Southfield Capital, has acquired Security Resources, a managed security services and direct guard solutions provider. No financial terms were disclosed. Monroe Capital LLC provided debt financing for the transaction while Pepper Hamilton LLP provided legal counsel to Southfield Capital.
2 min read · 27 August 2019
Airship, a customer engagement firm, has acquired San Francisco-based Apptimize, an optimization platform provider for A/B testing of mobile apps. No financial terms were disclosed. Apptimize's backers included US Venture Partners, Glynn Capital Management, Goldcrest Investments and Western Technology Investments.
4 min read · 27 August 2019
LCH Partners has made an investment in Menlo Park, California-based Enjoy Inc, an on-demand mobile store. No financial terms were disclosed.
4 min read · 27 August 2019
Water Street Healthcare Partners and JLL Partners have acquired Orange County, California-based THREAD, a provider of technology that enables virtual research approaches to modernize clinical studies and registries. No financial terms were disclosed.
4 min read · 27 August 2019
Syncort, which is backed by Centerbridge Partners LP and Clearlake Capital Group LP, said Aug. 26 that it agreed to buy Pitney Bowes’ software solutions business. Financial terms weren’t announced. Pitney Bowes, in a separate release, valued the sale at $700 million. Atif Azher, Naveed Anwar, Mark Underwood, Usman Arain, and Brittani Frink of Simpson Thacher & Bartlett LLP served as legal counsel to Syncsort.
4 min read · 26 August 2019
Entelo has acquired ConveyIQ, a provider of candidate engagement Software-as-a-Service solutions. No financial terms were disclosed. Entelo's backers include Battery Ventures, Shasta Ventures, USVP, 3TS Capital Partners, SC Ventures and StarVest Partners.
3 min read · 26 August 2019
RDX has agreed to acquire and merge with Navisite LLC, a provider of managed cloud services. The seller is Charter Communications Inc. No financial terms were disclosed. Citi served as lead financial adviser to Charter on the transaction. RDX is backed by Madison Dearborn Partners.
3 min read · 26 August 2019
