Private Equity
Specialty finance company Hercules Capital has agreed to acquire select venture loan assets from Ares Capital Corp. The price of the transaction is about $125 million.
2 min read · 02 November 2017
Web.com Group Inc (Nasdaq: WEB) has acquired the assets of Acquisio Inc, a Brossard, Québec-based provider of software that facilitates customer acquisition using advertising platforms. No financial terms were released. Web.com, a U.S. internet services company, said the deal gives it access to "award-winning artificial intelligence technology" that Acquisio has made available to small businesses. Acquisio was founded in 2003 by CEO Marc Poirier and CTO Richard Couture. It has been backed by Canadian investors, including Emerillon Capital, Fonds de solidarité FTQ, Tandem Expansion Fund and Wellington Financial.
3 min read · 01 November 2017
Edison Software has acquired Return Path's consumer insights business, which provides ecommerce receipt data. No financial terms were disclosed. Edison Software is backed by Mayfield, USVP, Nautilus Venture Partners and Emerillon Capital.
3 min read · 25 October 2017
Medical technology group Smith & Nephew, which some investors believe should streamline operations to make itself a more attractive takeover target, said on Monday it was buying a U.S. sports injury business for up to $210 million.
2 min read · 24 October 2017
Cisco Systems said it will buy publicly listed BroadSoft for about $1.9 billion, or $55 a share in cash.
1 min read · 23 October 2017
Cisco Systems said Thursday it would acquire privately held Perspica to support its $3.7 billion AppDynamics purchase earlier this year.
1 min read · 19 October 2017
EnCap Flatrock Midstream has sold Gravity Midstream Corpus Christi LLC to Pin Oak Corpus Christi LLC. No financial terms were disclosed; however, Pin Oak's owners Dauphine Midstream LLC and Mercuria Energy Group Ltd provided the financing for the deal.
3 min read · 17 October 2017
NICE has acquired Cincinnati-based Workflex, a provider of workforce engagement solutions. No financial terms were disclosed. Workflex was backed by CincyTech.
3 min read · 13 October 2017
Welltok has acquired Georgia-based Tea Leaves Health, a provider of an SaaS-based analytics and marketing technology platform for hospitals. The seller was Ziff Davis, a subsidiary of j2 Global Inc. No financial terms were disclosed. Welltok's backers include Bessemer Venture Partners and Miramar Ventures.
4 min read · 12 October 2017
Azalea Health has merged with Houston-based Prognosis Healthcare, a provider of electronic health records to rural and community hospitals. No financial terms were disclosed. Azalea's backers include Kayne Partners and Intersouth Partners.
3 min read · 12 October 2017
