Angela Sormani
Covanta Holding Corporation has executed an agreement with the Dublin City Council to build, own and operate a new 600,000 metric tonne per year, 58 net megawatt Energy-from-Waste facility in Dublin, Ireland. First Reserve's energy infrastructure arm has provided a convertible preferred investment.
Catch up on the latest after the weekend including an insight into banks and their private equity businesses, Blackstone turning its back on Russia and who is Pennsylvania PSERS' top buyout performer.
EatWith has secured an $8 million Series A financing round led by Greylock Partners with participation from previous investor Genesis Partners and individual angels. EatWith combines the social nature of eating out with the comfort of a home-cooked meal.
Shamrock Capital Advisors has acquired Questex, a global business information and events company. Terms of the transaction were not disclosed.
PeerSpace has raised $1.5 million in seed funding in a round backed by Structure Capital, Ran Makavy, Michael Horwitz, Ron Pizzuti and other angel investors. PeerSpace is a marketplace offering short-term access to creative and inspiring workspaces.
Balance Point Capital Partners has backed Patch Products to support Topspin Partners' acquisition of the company. Balance Point provided the senior subordinated notes as well as a minority equity co-investment for the acquisition.
Partners Group is part of the Northwest Rapid Transit consortium that has contracted with the New South Wales State Government to build, finance and operate its new transit train network servicing Sydney's North West. The North West Rail Link is Australia’s largest public transport infrastructure project and will deliver a 36km rapid transit service connecting Chatswood on Sydney’s North Shore to Sydney’s north-western suburbs.
Monroe Capital has closed a $358 million term debt securitization known as Monroe Capital CLO 2014-1. Monroe sold securities rated from AAA through BB as well as equity interests while retaining some of the equity itself. Deutsche Bank served as the lead manager, structuring agent and bookrunner.
Trive Capital portfolio company, Valence Surface Technologies has acquired Blue Streak Finishers. Based in Everett, WA, Blue Streak specializes in providing processing and related services for large complex aerostructures.
Financial services firm Battery East has opened for business. In addition, Founders Fund's Howard Caro has joined as a new managing director.