Jonathan Marino
Happy Anniversary! Fears of another flash crash linger, while futures are nice enough to point up on the one year anny of the stock debacle Getting Paddled: Finance pros duke it out at the ping pong table Bidding Big: JC Flowers looks to buy Compagnie Europeene de Prevoyance
Linsalata Capital Partners recapitalized its NeuroTherm Inc. in partnership with the firm’s management. Babson Capital Management provided $11.3 million in mezzanine debt financing and $1.5 million in the form of an equity investment.
General Fusion is having a happy Cinco de Mayo. The utility-scale fusion power company reeled in $19.5 million in a Series B round that included investors Cenovus Energy, through its Environmental Opportunity Fund, Bezos Expeditions, the personal investment company of Jeff Bezos, Chrysalix Energy Venture Capital, GrowthWorks, Braemar Energy Ventures, Entrepreneurs Fund, Business Development Bank of Canada (BDC), and SET Venture Partners.
Sun Capital Partners has exited its Big 10 Tires investment, selling it to Pep Boys, the automotive aftermarket service and retail chain that itself considered selling before failing to get a sufficient bid. The private equity firm acquired Big 10 through an affiliate in 2006. Morgan, Lewis & Bockius LLP acted as legal advisor to the sellers in connection with the transaction.
Black Diamond Capital Management LLC, the alternative asset management firm based in Connecticut, has raised a $800 million third fund. The fund will execute the same control distressed/private equity strategy initiated with the establishment of Black Diamond's 2003 vintage fund.
Ready to Roll: Osama was packing cash and emergency telephone numbers when he got bagged No More Highlights: Lowlights for Evelyn Davis’ newsletter after Goldman dumps its subscription Zipping Out: Zipcar co-founder Robin Chase leaves her latest startup to launch car sharing startup in Paris. IPO-My! RPX Corp debuts in its IPO, trades up
Sagent Advisors lured Mark Kessel to join its practice as a senior advisor in its healthcare segment, the bank announced. Kessel comes to Sagent after having founded Symphony Capital, a PE firm with a focus on biopharmaceutical companies.
Essent Healthcare has sold a pair of Massachusetts hospitals to Steward Healthcare System LLC of Boston. Essent is a portfolio company of Vestar Capital Partners. The PE firm invested in the hospital system through its fourth fund.
GoBackTV, the Menlo Park, Calif.-based stream-based video services firm, has been acquired by Santa Clara, Calif.-based Aurora Networks. Terms of the deal were not publicized. TA Associates is the private equity firm investing in Aurora Networks. PRESS RELEASE: Aurora Networks Acquires GoBackTV to Round out Technology Expertise Related to DOCSIS® and Edge QAMs Aurora Networks, […]
Shasta Ventures led a $5 million Series A financing in TaskRabbit, the California-based service networking company. Other investors in the round included. Baseline Ventures, First Round Capital, FLOODGATE, Collaborative Fund, and 500 Startups.