Angela Sormani
StoneCalibre has acquired Edge Biosystems, headquartered in Gaithersburg, Maryland. Established in 1990, EdgeBio is a specialized manufacturer and distributor of sample preparation and clean-up products for use in DNA sequencing.
Sterlite Technologies, a global provider of transmission solutions for the telecom and power industries, has entered into agreements with Standard Chartered Private Equity for an equity investment in Sterlite Power Grid Ventures Ltd. SPGVL, a subsidiary of Sterlite, focused on the development and operations of power transmission projects, will issue convertible securities to Standard Chartered Private Equity for a minority share.
FishBrain, a mobile app and social network for anglers, has closed a $2.4 million funding round led by Northzone and Active Venture Partners. Other investors include GP Bullhound and Edastra Venture Capital.
Regent Education, a provider of financial aid management and enrollment software solutions for higher education institutions, has secured a $9 million round of funding. New Markets Venture Partners joined current lead investor Chrysalis Ventures in the investment syndicate.
Weldex, a UK-based crane hire company has appointed Bill Caplan as chairman. UK mid market private equity firm Dunedin backed the MBO of Weldex in June 2010.
This Tuesday morning First Read brings you the best way to invest in private equity, how to solve the industry's recruiting dilemma, why European firms are lagging on gender diversity and what The Vatican is doing with its investment activity.
This week, there are analyst, associate, executive director, senior alternative investment professionals and senior director positions up for grabs at Alpine Investors, City of Austin Employees’ Retirement System, Guardian Capital Partners, The New Jersey Department of the Treasury, NYC Office of the Comptroller and StepStone.
The management team at Oxford, UK-based company bChannels has completed an equity-backed buyout of the business. Led by CEO Matt Rowland-Jones, the team has acquired a majority stake in the company following a secondary buyout from RCapital. The deal was backed by WestBridge Capital.
Z Capital Partners has reached a final close of Z Capital Partners Special Situations Fund II raising $750 million. Fund II exceeded its initial target of $500 million.
Bridgepoint is to sell SPTS Technologies Group, a global manufacturer of etch, deposition and thermal processing equipment for the microelectronic industry, to Orbotech. The business is being sold for approximately $370 million in cash.