Jonathan Marino
Last year, pent-up M&A needs in the luxury goods space that were withheld through the recession’s dark days finally saw the light of day, as big brand names like Tommy Hilfiger exchanged hands. But Japan’s earthquake and tsunami caused investors great consternation—and for good reason; Japanese luxury goods consumers are a driving force for the industry. As Japan slowly rebuilds while facing an ongoing crisis, dealmakers, too, are ready to pick up the pieces. Already, prognosticators are declaring the Japanese economy is on its way back....
Romney Rides Again: Mitt’s in, forms exploratory committee Not Just A Buck: 99-Cent Only Stores look at LBO offers Taking it Well: The Winklevi will challenge the court ruling that prevents them from getting a bigger chunk of Facebook Tower of Power: Google invests in BrightSource Energy
Alteryx, the California-based developer of business intelligence software, raised $6 million from SAP Ventures Fund I to expand its development and for potential acquisitions. In conjunction with the new funding, Jai Das, Managing Director with SAP Ventures, joins the Alteryx, Inc., Board of Directors.
Got our e-mails? Get our emails. Tune In: Warner Music sees plenty of bids for its business Denied! NYSE Euronext rejects Nasdaq/ICE bid That Settles That: Glencore’s CEO says IPO imminent We’ve Got Some ‘Splainin’ to Do: The industries that pay women the least
The Securities and Exchange Commission made the most of Friday, as the federal government faced–but ultimately did not go through with–its first shutdown in nearly two decades. And while some venture capitalists were no doubt ruffled by news the agency is considering doing away with its 500 shareholder rule, private equity firms are rejoicing in […]
New York private equity firm DeltaPoint Capital Management bought PACS Industries, a maker of medium-voltage metalclad switchgear. PACS is the second platform acquisition for DeltaPoint’s most recent fund, DeltaPoint Capital IV, L.P. (Fund IV). DeltaPoint has invested $7,150,000 in the transaction to acquire equity and support further growth of the enterprise.
Got our e-mails? Get our e-mails. VCs Rejoice! The government, which still will likely shut down, is weighing the relaxation of rules pertaining to private share issues Snitchin’: Wilson Sonsini attorney Matthew Kluger accused in insider trading scandal Going Out for Take-Private: 24/7 Wall St.’s Jon Ogg looks into the disappearing act that persists among listed restaurants, increasingly being bought out Thinking Social: Google’s Page makes the company’s social strategy paramount for ’11… and beyond?
At some point between now and the end of the second quarter, the Securities and Exchange Commission will provide its definition of venture capital firms for the purposes of their classification under and–hopefully for the industry–exemption from the Dodd Frank Act. When it happens, National Venture Capital Association President Mark Heesen will be prepared. Heesen […]
CI Capital Partners, the New York-based private equity firm closed CI Capital Investors II with $620 million, beating its target of $500 million. The managing principals of CI Capital were collectively the biggest investors in the fund. The PE shop has holdings in companies including Ply Gem, KIK Custom Products, A-T Solutions and Transplace.
Whoops: Corporate social media screw-ups (it’s probably just a matter of time before I put on a fun Twitter fight, anyhow…) Will They or Won’t They? The federal government faces a shutdown in short order We’re Not Buying It: Creditors scoff at Borders’ restructuring plan Frank the Tank: Quattrone & Co. become kings of the hill in the tech banking game (to read the original version of this story, please go back in time three days to Reuters.com)