DigitalBridge related stories
All articles and analysis
peHUB Wire: Wednesday, October 21, 2009Random Ramblings
- peHUB Wire: Wednesday, October 21, 2009
Random Ramblings
- peHUB Wire: Thursday, October 8, 2009
Random Ramblings
- PE-Backed Bankruptcies Surpass 2008, And It's Only July
There have now been more PE-backed bankruptcies in 2009 than in all of 2008, based on data compiled by peHUB and Buyouts Magazine. Five more companies filed in July, bringing the yearly tally to 53 -- compared to just 49 last year. Station Casinos was the month's largest bust (in terms of purchase price), having been acquired by Colony Capital in 2007 for $5.4 billion. The others were all originally sub-billion deals, including CCS Medical (Warburg Pincus) and RathGibson (DLJ Merchant Banking). You can download the entire 2009 chart after the jump. But first, a bunch of disclaimers: Our data is only for control-sponsored deals that included at least one U.S. sponsor. As such, we exclude foreign-sponsored companies (like Arclin), VC-backed companies (like ProtoStar) and PIPEs (like BearingPoint). We do track
- Week in deals, May 4, 2009
Summary of tech companies and other businesses that raised financing in North America in the past week
- DigitalBridge Raises New Equity
DigitalBridge Communications Corp., an Ashburn, Va.-based provider of WiMax broadband service to underserved communities, has raised an undisclosed amount of new venture capital funding. National Rural Telecommunications Cooperative was joined by return backers Paladin Capital Group, RedShift Ventures, CNF Investments and Novak Biddle Venture Partners. The company previously raised over $30 million in equity, plus $16.5 million in debt.