Oak Investment Partners and Gobi Partners has filed a motion for partial summary judgment in the Supreme Court of the State of New York against VisionChina Media. The VC firms are seeking a judgment of $60 million, plus interest, for VisionChina’s failure to make $60 million in payments due for its 2010 acquisition of Digital […]
Equipment leasing and finance company LEAF Commercial Capital, has closed a $50 million growth equity investment from New York-based investment firm Eos Partners and its affiliates. LEAF has also closed on $75 million of additional debt financing with Versailles Assets, an asset-backed commercial paper conduit sponsored by Natixis, which will increases the company’s securitized and […]
Peter Pham, who formerly used to be president and co-founder of social app company Color, will join Science Inc. as a partner of new technology. Other positions held by Pham include his role with Trinity Ventures, where he was named EIR in two tenures, and with Photobucket.com.
(Reuters) – Hony Capital, one of China’s most successful private equity funds, aims to raise up to $2.6 billion in a new fund, two sources said on Monday, in what is set to be the biggest ever dollar fundraising for a China-based firm. Hony’s fifth dollar fund is nearly double its previous $1.4 billion fund […]
Michael Stephenson has joined Augusta Columbia Capital as an MD based in New York. He will focus on software and services. Most recently, Stephenson was with Citigroup Japan, where he oversaw the divestiture of Citi’s Nikko Cordial related businesses.
(Reuters) – EBay said it acquired the data analysis firm Hunch to help it develop more recommendation technology for its online marketplace. Chris Dixon, Tom Pinckney and Matt Gattis, who founded Hunch in 2009, will stay on at eBay and remain based in New York. The purchase price was not disclosed. Hunch analyzes data from […]
Brockway Moran and Partners has acquired Crisis Prevention Institute Inc. from the Riverside Company. Terms of the deal, which closed November 18, were not released. Based in Milwaukee, Crisis Prevention Institute is a training organization specializing in the safe management of crisis situations and disruptive behavior.
Publicly traded 3D Systems Corp. is paying $137 million in cash to buy Z Corp. and Vidar Systems from Contex Group. Contex is a subsidiary of Swedish private equity group Ratos. Z Corp. is a provider of personal and professional 3D printers, 3D scanners and other print materials and services. Vidar Systems is a provider of optical imaging technology for the medical and dental imaging markets.
The Halifax Group has put an undisclosed amount of equity financing into acquisition, grants and professional services company XL Associates Inc. Terms of the deal were not released. Formed in 1989, XL Associates provides professional services to various federal agencies. The company is based in McLean, Va.
Greenwich, CT-based private equity investor Littlejohn & Co has made an investment in Installed Building Products (IBP), an installer of insulation and building products to residential and commercial customers. The investment will enhance the company’s future growth and development. PRESS RELEASE Littlejohn & Co., LLC, a private investment firm based in Greenwich, CT, and Installed […]