Angela Sormani

The Carlyle Group has sold part of its stake in Triumph Group to Morgan Stanley, acting as underwriter for the offering. Upon completion of the offering, investment funds and other entities associated with The Carlyle Group will own approximately 9.5% of the common stock of Triumph Group. PRESS RELEASE Triumph Group today announced that the […]

The Carlyle Group has sold part of its stake in CoreSite Realty Corporation, a US provider of network-rich data centers to Citigroup as sole underwriter in connection with the offering. Upon completion of the offering, investment funds affiliated with The Carlyle Group will continue to hold 25,275,390 partnership units. PRESS RELEASE CoreSite Realty Corporation, a […]

San Francisco-based Encore Consumer Capital has promoted Kisen Nathu to vice president. Nathu joined Encore in 2006 and focuses on portfolio value creation, origination of new investment opportunities, and transaction execution. PRESS RELEASE Encore Consumer Capital, a $175 million San Francisco, California-based private equity firm focused on consumer products, has promoted Kisen Nathu to Vice […]

Digital communications technology provider Qualcomm Incorporated has acquired HaloIPT, a provider of wireless charging technology for electric road vehicles. The HaloIPT team has joined Qualcomm’s European Innovation Development group based in the UK. PRESS RELEASE Qualcomm Incorporated (NASDAQ: QCOM) today announced that it has acquired substantially all of the technology and other assets of HaloIPT, […]

Strangeloop, a provider of web content optimization (WCO) solutions, has secured $10 million in Series B funding from a private investment group. The funding follows the introduction of the Strangeloop Mobile Site Optimizer, a website acceleration offering. PRESS RELEASE Strangeloop, a leading provider of web content optimization (WCO) solutions, today announced the infusion of $10 […]

Online video advertising group Adconion Media Group has acquired smartclip, a European digital video advertising business. With the acquisition of smartclip, Adconion will gain 118 employees in Europe and expand to 27 offices serving clients throughout the UK, Germany, France, Spain, the Netherlands, Belgium, Italy and Portugal in Western Europe; Sweden, Norway, Denmark and Finland […]

European venture firm Wellington Partners has hired its first China-based venture partner Jeanne- Marie Gescher to support the firms’ technology portfolio in the region. She is the 15th venture partner of the technology team and the first in Asia. PRESS RELEASE Opening a new chapter in its history of helping companies develop into global leaders, […]

HMS Holdings has reached an agreement to acquire privately held HealthDataInsights (HDI) for approximately $400 million. The transaction is not contingent upon financing and is expected to close by December 31, 2011, subject to regulatory approvals. HDI has received backing in the past from investors GRP Partners, Ticonderoga Capital and Redhills Ventures. PRESS RELEASE HMS […]

Lenco Mobile and iLoop Mobile are to merge their businesses which are both focused on the high growth mobile marketing industry. The merger will combine Lenco’s international operations and media platforms with iLoop’s mobile marketing service in the United States. Together, the combined company will have operations on five continents serving multi-national brands and wireless […]

Former Small Business Investment Company program senior investment officer Kristi Craig has joined the Small Business Investor Alliance to manage business development efforts following Alliance’s recent expansion. The Small Business Investor Alliance, previously known as the National Association of Small Business Investment Companies, is an organization of lower middle market funds and investors. PRESS RELEASE […]