Volcanics Venture raises $72.8 mln for venture-capital fund
Volcanics Venture has raised $72.8 million toward a $100 million venture-capital fund, according to a filing with the SEC.Read More
First Analysis backs Waggl
Sausalito, California-based Waggl, a provider of employee engagement solutions, has raised $7 million in Series A funding. First Analysis was the lead investor. In addition to the funding, Corey Greendale, a managing director at First Analysis, has joined Waggl's board of directors. Read More
Fenway Partners acquires Iconic Group
Fenway Partners has acquired Atlanta-based Iconic Group, a provider of photography services at university and college graduations in the U.S. The sellers were Raymond James Capital and Friend Skoler & Co. No financial terms were disclosed.Read More
VC-backed Kaltura acquires Rapt Media
Kaltura, a video tech provider, has acquired Boulder, Colorado-based Rapt Media, an interactive personalized video startup. No financial terms were disclosed. Kaltura’s backers include SAP Ventures, Nokia Growth Partners, Intel Capital, Nexus Venture Partners and Commonfund Capital.Read More
DCM to raise $750 mln for ninth fund
DCM Ventures is seeking to raise $750 million for its ninth fund, according to an SEC filing. With offices in Beijing, Silicon Valley and Tokyo, DCM currently has over $3 billion under management, according to its website.Read More
HNA turns M&A norms around again
Everyone used to want to be on the sell side; now they want to be on the buy side.In recent months, there has been a new game in Hong Kong investment banking called ‘Distance yourself from HNA’. It is easy to play. On the way up, everyone wanted to advise HNA, the acquisitive-though-opaque Chinese conglomerate whose big holdings include stakes in...
The Morning Leverage: Brookfield Raises at Least $3.38B for Restructuring Fund
A roundup of private equity-related news.Read More
The Morning Leverage: EIG Global Energy Caught by Breitburn’s Liquidity Woes
A collection of private equity-related news from across the Web.Read More
The Morning Leverage: Castle Harlan Closes the Book on Baker & Taylor With Follett Sale
A collection of private equity related news from across the Web.Read More
PE-Backed Imaging Advantage to Build X-Ray Reading Machine
Private equity backed Imaging Advantage is developing a machine capable of reading X-rays.Read More
Seedcamp announces final close of fourth fund at £60M with support from over 100 Seedcamp founders, angels and mentors via Seedrs
The oversubscribed final close includes contributions of £2M from Seedcamp founders across the fund’s 11 year history through an innovative collaboration with crowdfunding platform, Seedrs Seedcamp announces second close of Fund IV at £60M£2M has been raised from over 100 Seedcamp founders, mentors and angels through a new partnership with SeedrsCollaboration...
Western European M&A value nearly doubles year-on-year
PE and VC investment down in April The volume and value of mergers and acquisitions (M&A) targeting companies based in Western Europe declined in April to 1,741 deals worth a combined EUR 129,536 million, according to M&A information collected by Bureau van Dijk, a Moody’s Analytics company, and the leading publisher of company information....
Clear Review closes first round funding at end of most successful quarter to date
Continuous Performance Management supplier notes sea-change as market moves from early adopters to early maturity Clear Review, a game-changing supplier of continuous performance management solutions, has successfully completed its first round funding with Mercia Technologies PLC. From its launch less than two years ago, Clear Review has seen growth...
GCI sets itself up for continued growth with Mayfair Equity Partners and the formation of a strategic acquisition fund over £60million
Mayfair Equity Partners LLP welcomes GCI into its portfolio, which includes restaurant chain YO! and alternative energy provider OVO Converged ICT Services Provider GCI is pleased to announce that Mayfair Equity Partners (“Mayfair”) has acquired a majority stake in the business. Mayfair’s investment also includes the formation of a new strategic...
Foresight Williams Technology EIS Fund invests £1.68m into Geospatial Insight
Geospatial Insight is a leading provider of satellite imagery analysis for insurance, investment and corporate sectorsEstablished team with +20-year track record in the sectorThe Fund supports disruptive technologies with high performance engineering capability and proven investment management Foresight Group (“Foresight”) announces the £1.68...
MENA drops 57.6% in value of M&A
The value of mergers and acquisitions in the Middle East and North Africa region declined by 57.6 per cent in 2017, despite the deal count maintaining almost the same level as the previous year, according to Mergermarket, a provider of M&A data and intelligence. For full year 2017, 126 deals worth approximately $16 billion (Dh58.76 billion) were recorded...
Private equity consortium invests into supplier of corporate and promotional apparel
A private equity consortium comprising RMB Corvest, RMB Ventures and Ethos Mid Market Fund have, alongside management, acquired 100% of Kevro, Africa’s largest value-add supplier of corporate and promotional apparel, and other brandable products. Kevro was acquired from Ethos Fund VI, which had owned a 72% stake in the group since 2011 and...
European business deals with Iran are safe, says Tillerson
AFP Last updated: October 22, 2017 The United States does not intend to disrupt European business deals with Iran, Secretary of State Rex Tillerson said in comments published Friday.Tillerson, speaking one week after President Donald Trump refused to certify the Iran nuclear deal and left its fate to the US Congress,...
Mourant Ozannes advises Saudi Aramco on US$10 Billion Islamic bond issuance programme
Mourant Ozannes has advised the Saudi Arabian Oil Company, otherwise known as Saudi Aramco, in connection with the corporate structuring of its first Sukuk Issuance Programme, for an issuance of up to SAR 37.5 billion (US$10 billion) Sukuk (Islamic bonds), and its SAR 11.25 billion (US$3 billion) Sukuk issuance under the Programme. The Mourant Ozannes...
Job fair offers hope for Syrian refugees in Jordan
Around 50 companies were represented at the one-day event Wednesday as they scouted for candidates to fill some 1,000 job opportunities, compiling lists of applicants by name, age and qualification.The EU-funded job fair, a first at the desert camp that houses some 80,000 refugees, comes after the launch in August of the only employment office at Zaatari...
Investcorp sells Veco Precision, a division of SPGPrints
Investcorp, a leading global provider and manager of alternative investments, today announces that it has sold Veco Precision (or “Veco” or “the Company”) to Gilde Buy Out Partners and Management. Veco is being carved out of and sold by its parent company SPGPrints Group B.V, the leading global provider of integrated solutions for rotary...
Offshore deal volume in 2017 outpaces previous year
Busiest year on record for offshore IPOs, Appleby reports The number and value of offshore M&A deals rose in 2017, making it one of the busiest years recorded for the region, according to a report released today by offshore law firm Appleby. The latest edition of Offshore-i, an Appleby report that provides data and insight on merger and acquisition...
Cavendish advises leading travel and tourism PR and marketing communications agency Hills Balfour on its merger with MMGY Global
Cavendish Corporate Finance, the specialist sell-side M&A firm, has advised Hills Balfour, Europe and Dubai’s leading travel and tourism marketing communications agency, on its merger with MMGY Global, the world’s largest integrated marketing company specialising in travel and hospitality. The merger, which includes Hills Balfour’s offices...
PCI completes acquisition of Australia-based pharmaceutical packaging professionals
Acquisition establishes an Asia Pacific Headquarters for PCI Leading pharmaceutical outsourcing services provider PCI Pharma Services (PCI) announced the completion of its acquisition of Melbourne, Australia-based Pharmaceutical Packaging Professionals (PPP). PPP is a leading provider of clinical trial manufacturing, packaging, storage and...
Intralinks Deal Flow Predictor forecasts strong first half for M&A in 2018
Worldwide M&A announcements predicted to increase by up to 10% year-over-yearAsia Pacific and Europe predicted to lead growth in M&A activity The Intralinks Deal Flow Predictor, an indicator of future mergers and acquisitions (M&A) announcements with a proven track record for accuracy, forecasts that the number of worldwide announced M&A deals in...