Welsh, Carson, Anderson & Stowe related stories
All articles and analysis
- Welsh Carson To Buy Triple Point Tech from ABRY
Boston-based private equity firm ABRY Partners is expected to exit Triple Point Technology after five years, sources say. Welsh, Carson, Anderson & Stowe is buying Triple Point, persons say. The $500 million sale is expected to close this week, one source says. Westport, Conn.-based Triple Point provides software to manage commodities and enterprise risk. The company employs more than 600 people in 12 offices and support centers around the world, according to the Triple Point web site http://www.tpt.com/company.aspx..
- Valeritas Lands $150M Series C
Valeritas Inc., a Bridgewater, N.J.-based developer of drug delivery systems for the diabetes market, has raised $150 million in Series C financing. The funding will support commercialization of its V-Go disposable insulin delivery device. Welsh, Carson, Anderson & Stowe led the financing and assumes a controlling interest in Valeritas. Previous investors MPM Capital, Pitango Venture Capital, Abingworth Management, Advanced Technology Ventures, ONSET Ventures, HLM Venture Partners, Agate Medical Investments, CHL Medical Partners and Kaiser Permanente Ventures also participated.
- Welsh Carson Anderson & Stowe Backs GlobalCollect
Private equity investment firm Welsh Carson Anderson & Stowe has inked a stake in GlobalCollect, a provider of local e-payment services. The firm is buying a majority stake from growth equity firm General Atlantic. The terms of the transaction were not disclosed.
- Oxford Finance Nets $460M
Oxford Finance, a company that makes loans to life science and healthcare companies, has raised $460 million from Sumitomo Corp. and private equity firm Welsh, Carson, Anderson & Stowe, Reuters reported. Oxford Finance has been majority-owned by Sumitomo since 2004. The company will use the new money, in part, to expand its portfolio.
- PE Lawyer Marcia Ellis Joins Ropes & Gray
Private equity attorney Marcia Ellis has joined Ropes & Gray as a partner based in Hong Kong. Ellis joins from D. E. Shaw & Co., where she was its Hong Kong-based chief legal officer for all of Asia. In her former role, Ellis assisted the firm with making, restructuring and exiting investments throughout Asia, including a number of investments in China and India.
- Ropes & Gray Hires Will Rosen; Bill Mone To Transfer To London From Boston
Ropes & Gray hired Will Rosen to strengthen the firm’s London practice. Rosen previously worked for DLA Piper in London. He was a partner in DLA’s corporate group and head of private equity, EMEA. Rosen is expected to join the practice in mid-2011. In addition, Ropes & Gray’s private equity partner Bill Mone will transfer to London from its Boston office in August.
- Ropes & Gray Hires Will Rosen; Bill Mone To Transfer To London From Boston
Ropes & Gray hired Will Rosen to strengthen the firm’s London practice. Rosen previously worked for DLA Piper in London. He was a partner in DLA’s corporate group and head of private equity, EMEA. Rosen is expected to join the practice in mid-2011. In addition, Ropes & Gray’s private equity partner Bill Mone will transfer to London from its Boston office in August.
- SeedStart Media 2011 Taking Entrepreneur Applications
NYC’s entrepreneur and venture scene is getting another boost. Investors and companies including AOL Ventures, Comcast, Hearst, MTV Networks, News Corporation, Time Warner, Vivendi, NY Tech Meetup, Silicon Valley Bank and New York University are joining together to establish a summer program for tech companies. Ten startups will be invited to NYC for a 12-week program beginning in June. For more information about SeedStart Media 2011, visit http://www.nycseedstart.com http://www.nycseedstart.com