M&A slows down but some LPs aren't worried as distributions keep rolling in.
Donuts, the Washington state-based domain name registry company, is packing on a whopping $100 million in funding from VCs including Austin Ventures, Adams Street Partners, Emergence Capital Partners, TL Ventures and Generation Partners. Stahurricane (CEO Paul Stahura’s investment fund) is also participating in the investment. The company is naming former ICANN CFO Kevin Wilson to […]
Starbucks Coffee is paying $100 million in cash to buy La Boulange Cafe & Bakery from investment firm Next World Group. Next World Group is the majority investor in La Boulange, a San Francisco-based, fast-casual restaurant chain. The deal is expected to close in the third quarter. PRESS RELEASE Next World Group (NWG), a privately-held […]
There’s only one glass slipper, and a whole lot of pumpkins and lonely rides home. That’s the likely story to come out of the Cole Haan auction. Private equity firms should expect to take on a number of strategic bidders and sources are saying...
Insite Wireless Group, the Virginia-based wireless infrastructure facility developer, took on a follow-on investment from Catalyst Investors, the New York-based private equity firm. The deal represents the latest in a series of investments from the PE shop—Catalyst’s third; it is separate from and follows an investment from Cox Enterprises. Specifics of the transaction were not […]
Opnext said Monday that in May a technology-focused PE firm made unsolicted non-binding offer to buy the company for $1.40 a share. Opnext said the offer was not superior to its proposed merger with Oclaro. Fremont, Calif.-based Opnet, which makes and designs optical modules and components, said the merger with Oclaro, subject to regulatory approval, […]
International Equipment Solutions, which is backed by KPS Capital Partners, has acquired Siac do Brasil Ltda. Financial terms weren’t disclosed. Siac do Brasil makes cab enclosures in Brazil. PRESS RELEASE KPS Capital Partners, LP (“KPS”) today announced that its portfolio company International Equipment Solutions, LLC (“IES”) has acquired, through an indirect, wholly owned subsidiary, Siac […]
Catterton Partners is finally out marketing for its seventh buyout fund.
H.I.G. Capital said Monday that it completed a recap of Infogix. Financial terms weren’t announced. Naperville, Ill.-based Infogix which develops data integrity software. PRESS RELEASE H.I.G. Capital (“H.I.G.”), a leading global private equity investment firm with more than $8.5 billion of equity capital under management, announced today that its affiliate has completed the recapitalization of […]
Battery Ventures has acquired Jeeves Information Systems, a Stockholm, Sweden-based provider of ERP software for small to medium enterprises. Battery currently owns approximately 98% of the company, it announced Monday. PRESS RELEASE Battery Ventures, a multi-stage investment firm focused on technology and innovation worldwide, today announced that it has acquired Jeeves Information Systems, a Stockholm, […]