Iris Dorbian
First Read ends your week with news Facebook didn't take down live torture video for 30 minutes, why Medium failed to disrupt media and snow in Washington, D.C. could delay the release of U.S. jobs and trade data.
In Second Opinion, Meredith Corp has reportedly contacted Time Inc about a possible merger, IT research firm Gartner is planning on buying CEB in a $2.6 billion deal and following in Macy's footsteps, Sears says it will be shutting down 150 more stores.
Ardian has acquired a minority stake in Piz’wich, a French frozen snack manufacturer. No financial terms were disclosed.
Law firm Debevoise & Plimpton LLP has appointed private equity lawyer Simon Witney as a consultant in London. Witney will begin later this month. Previously, he co-led King & Wood Mallesons’ funds team in London.
JMI Equity has made an undisclosed investment in Healthx Inc, a cloud-based digital engagement solutions provider for healthcare payers and other stakeholders. TripleTree served as financial advisor to Healthx on the transaction.
Summit Partners has appointed David Schiller as chief investor relations officer. Previously, Schiller worked at Renaissance Institutional Management where he served as managing director. He also co-led North American institutional distribution for BlackRock Alternative Investors.
Frontier Capital has made an undisclosed investment in AccessOne. Based in Fort Mill, South Carolina, AccessOne is a financial engagement platform that helps patients manage their out-of-pocket healthcare costs. As a result of the transaction, AccessOne founder Dr. Russell A Salton III will retain "significant" ownership and continue in his role as board chairman.
Silversmith Capital Partners has named Mark Briggs as senior adviser. Briggs is the former CEO of ABILITY Network.
Oak Hill Capital Partners has acquired Oxford Networks from Novacap. No financial terms were disclosed. Oxford is a fiber-optic bandwidth infrastructure services provider operating in Maine, New Hampshire and Massachusetts.
Lincolnshire Management has sold National Pen to Cimpress N.V. for about $218 million. Lazard Middle Market provided financial advice to Lincolnshire Management Inc and National Pen on the transaction. Based in San Diego, National Pen is a maker of custom writing instruments.