Private Equity
Just-Eat Canada, which is part of the Just-Eat Group, has acquired YummyWeb. Financial terms weren't announced. Just-Eat, a takeaway ordering service, raised $48 million in March in a round led by Greylock Partners and Redpoint Ventures. YummyWeb is an online food ordering service in British Columbia.
2 min read · 13 April 2011
New Enterprise Associates Inc. hired Greg Papadopoulos, Ph.D. as a venture partner. He will work closely with seed and early-stage companies in NEA's portfolio to help guide fundamental technology development and define go-to-market strategy. Papadopoulos began working with NEA as entrepreneur in residence in 2010.
3 min read · 04 April 2011
Tobira Therapeutics Inc. hired Andrew Hindman as president and chief executive officer. Hindman was Nodality Inc.’s senior vice president of corporate development.Tobira is a N.J.-based biopharmaceutical company that is focused on developing therapies for HIV infection. It is backed by Domain Associates, Frazier Healthcare Ventures, Montreux Equity Partners and Canaan Partners.
3 min read · 04 April 2011
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.
4 min read · 04 April 2011
4 min read · 15 February 2011
Hewlett Packard Co. of Palo, Alto, Calif., named five new board members. The new directors include Booz & Co. CEO Shumeet Banerji, General Atlantic LLC’s Special Advisor Gary Reiner and Alcatel-Lucent’s former CEO Patricia Russo. AXA Private Equity’s CEO Dominique Senequier and eBay Inc.’s former president and CEO Meg Whitman were also appointed as board members. All five new directors will stand for re-election at the next annual meeting in March. The additions raised the director count to 17. The size will be reduced to 13 members after the shareholder meeting.
6 min read · 24 January 2011
2 min read · 21 January 2011
Bank Street Holdings, the parent company of Bank Street Group, formed Bank Street Capital Partners. The new group will make growth investments, most notably in the communications, media and technology sectors. Ted Mocarski was hired to lead the group. Mocarski was a co-founder and managing director of Key Venture Partners.
4 min read · 21 January 2011
Ropes & Gray LLP hired Stefanie Birkmann as a partner in its finance group. She will work ut of the New York office and will provide services to private equity firms, investment and commercial banks and others involved in mergers and acquisitions. Birkmann, 42, was previously senior counsel at Simpson Thacher & Bartlett in New York.
2 min read · 21 January 2011
Tatum LLC hired John “Jack” McGovern to its New York practice as managing partner. McGovern will help clients address strategic and operational challenges, such as IPO readiness, liquidity, raising capital, planning and transaction support. He previously worked for Bridgehead Partners LLC, a professional management services firm he founded. Tatum is an executive services firm based in Atlanta, Ga.
2 min read · 20 January 2011