Connie Loizos
Ernst & Young has completed its acquisition of Semphonic, a digital measurement and data analytics consulting firm. The merchant bank Clearsight Advisors served as the exclusive strategic and financial advisor to Semphonic, the firm announced today. PRESS RELEASE: Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce the successful completion of a strategic transaction in the […]
The Dallas-based exploration company Armada Oil and Mesa Energy Holdings today announced the closing of the asset purchase agreement and completion of the business combination of Armada Oil and Mesa on March 28, 2013. In completing the transaction, Armada Oil has acquired 100% of Mesa Energy, a wholly owned subsidiary of Mesa that holds substantially all of the assets of Mesa. In return, Mesa stockholders will be issued 0.40 shares of common stock of Armada Oil for each share of Mesa that they own as of the close of business on March 27, 2013.
Duff & Phelps Corporation, a publicly traded, New York-based financial advisory and investment banking firm, has announced the appointment of nine new managing directors, including seven promotions and two new hires.
Some experts think the time is right to test consumers’ appetite for same-day service. Others warn of a hidden danger lurking behind these ventures that could test the fabric of society itself.
Vanity Fair publishes a big fat profile of Facebook, ex-Goldman trader Matthew Taylor pleads guilty to wire fraud, and U.S. currency was beautiful once. And so much more!
AmerisourceBergen Corporation has agreed to sell its contract packaging business, AndersonBrecon to an entity formed by affiliates of an investor group led by Frazier Healthcare VI, L.P. for the purpose of acquiring AndersonBrecon. The group is paying $308 million in cash, which is subject to adjustments. AmerisourceBergen is a pharmaceutical services company that serves the United States, Canada and selected global markets.
Single Touch Systems, a Jersey City, New Jersey based company whose technology helps marketers reach consumers on all types of connected devices, has appointed Peter Holden to its board. Holden is currently the senior vice president of corporate development an investments at IPVALUE, where he is responsible for intellectual property investments and acquisitions. Prior, Holden founded the IP investment group at Coller Capital, the private equity firm.
Tech Valley Communications, an Albany, New York-based company that provides fiber optic data, voice, and high-speed Internet services to enterprise, carrier and wholesale customers in Upstate New York and New England, has agreed to acquire the assets of Vermont-based TelJet Longhaul, a company that's built among the largest fiber networks in Northern New England. Terms of the deal aren't being disclosed. Tech Valley Communications is a portfolio company of the middle-market private equity firm Riverside Partners.
Harvard Business School professor Josh Lerner on whether it's possible to tease apart where venture capitalists add the most value to startups.
Ropes & Gray, the global law firm, represented TPG Growth and Michael Xin Hui in their effort to take private ShangPharma, a China-based contract research organization. Hui is ShangPharma's CEO. The deal closed on Wednesday.