Angela Sormani
HealthCare Royalty Partners is making a $30 million cash payment to Supernus for certain royalty and milestone rights related to the commercialization of its products. Supernus will retain full ownership of the royalty rights after a certain threshold has been reached per the terms of the agreement.
London Broadcasting Company, a portfolio company of SunTx Capital Partners has completed the sale of six Texas-based television stations to Gannett. The deal was a $215 million all-cash transaction.
Seacoast Capital has completed a recapitalization in Cinetopia. Based in Beaverton, OR, Cinetopia is an operator of dine-in movie theatres in the US, with 4 locations in the Portland, OR and Kansas City, MO DMAs.
Cloud contact centre vendor NewVoiceMedia has raised $50 million in a Series E round of funding. New investor Technology Crossover Ventures led the round, joined by existing shareholders Bessemer Venture Partners, Highland Capital Partners Europe, Eden Ventures, Notion Capital and salesforce.com.
This morning find out what public pension funds are planning for their private equity portfolios in the next year, what Internet and social media stocks to buy this year and fundraising news from Littlejohn and ABRY Partners.
GTCR and Opus Global Holdings have acquired Hiperos. Hiperos is a specialist in third party management.
Cloudian, a provider of hybrid cloud storage solutions, has closed a $24 million financing round. New investors included INCJ and Fidelity Growth Partners. Existing investors include Intel Capital.
The Rohatyn Group's TRG Growth Fund II has sold its minority stake in Transportadora de Gas Internacional to majority shareholder Empresa de Energia de Bogota for $880 million. EEB is an energy holding company in Colombia with interests across the electricity and natural gas sectors.
Carlyle has released preliminary performance metrics for its carry funds during the second quarter of 2014. Carry fund valuations increased 5 percent during the second quarter of 2014. Over the past twelve months, Carlyle’s carry fund portfolio increased 20 percent.
Horizon Technology Finance Corporation has led a $25 million venture loan for mBlox. mBlox is a global provider of A2P text messaging.