Matrix related stories
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Apartment List snaps up $30 mln Series BRental marketplace Apartment List has secured $30 million in Series B funding. Canaan Partners led the round with participation from return backers Matrix Partners and Glynn Capital.
- Zarget picks up $6 mln Series A
Zarget, a provider of marketing automation software, has secured $6 million in Series A funding. Sequoia India led the round with participation from return backers Accel and Matrix Partners.
- Radant joins Matrix Capital Markets Group
Matrix Capital Markets Group Inc said Nov. 1 that Robbie L. Radant has joined the firm as a Director in its Downstream Energy & Retail Group. Radant joins Matrix after working 28 years for 7-Eleven Inc, where he most recently was Vice President of Mergers and Acquisitions.
- FASTSIGNS franchise acquires Budget Signs
A Salem, Virginia-based franchise of FASTSIGNS International, Inc. acquired Roanoke, Virginia-based Budget Signs, which makes services signs. The franchise is independently owned and operated. FASTSIGNS International is backed by Levine Leichtman Capital Partners. No financial terms were disclosed. Matrix Capital Markets Group Inc advised Budget Signs on the transaction.
- Sneaker marketplace GOAT scores $5 mln
Los Angeles-based sneaker marketplace GOAT has raised $5 million in funding. Matrix Partners led the round with participation from other backers that included Upfront Ventures and Webb Investment Network. In addition to the funding, Josh Hannah, a general partner at Matrix Partners, has been added to GOAT's board of directors.
- Matrix sells TCNS to TA for $140m
The New-Delhi based company was sold to Boston-headquartered private equity firm TA Associates.
PE HUB Second OpinionIn Second Opinion, British bookie William Hill rejects the $4.1 billion takeover offer from Rank Group Plc and 888 Holdings Plc, Tim Tebow is now trying to become a professional baseball player and Carl Icahn says the "Archie Bunkers of the world" will support Trump on the economy.
- Solera to acquire VC-backed Enservio
Solera Holdings Inc has agreed to buy Needham, Massachusetts-based Enservio, a provider of SaaS-based software and services for the property contents insurance sector. No financial terms were disclosed. Solera's backers include Vista Equity Partners, Koch Industries and Goldman Sachs while Enservio is backed by Bain Capital Ventures and Matrix Partners.
- Northcreek Mezzanine, Tenth Street recap Business and Legal Resources
Northcreek Mezzanine and Tenth Street Capital have recapitalized Business and Legal Resources (“BLR”). Financial terms weren’t announced. Company management also took part. Brentwood, Tennessee-based BLR provides compliance and training solutions in the B2B arena. Matrix Capital Markets Group Inc provided financial advice to BLR.