Bunker Hill Capital has invested in DeyFischer Consulting, a SAP consulting firm that focuses on enterprise solution architecture and implementation services. Financial terms weren't disclosed. Bunker Hill is a Boston PE firm.
Former Institutional Venture Partners VP Carey Lai will join Intel Capital to work as an investment director in the corporate VC’s digital media division. Already, Carey led the corporate VC’s investment in Sweet Labs. Lai has also worked with Banc of America Securities.
Clickable, the online advertising solutions provider, completed a $12 million financing round that was provided by American Express, which was joined by existing investors Union Square Ventures, Founders Fund and FirstMark Capital. Other prior backers include Jon Miller, Chief Digital Officer, News Corporation; and Peter Thiel, Managing Partner of Founders Fund.
Hudson Clean Energy Partners said Monday that David Tuohy was named CEO of Wind to Power System SL (or w2pS). Madrid-based w2p2 provides products and services for renewable energy grid integration. Tuohy was previously interim CEO for a solar PV technology start-up in stealth mode and a member of the board of directors of Ecostream, a European solar EPC player.
We spoke too soon. Last week, peHUB reported that Thoma Bravo was targeting $950 million with its tenth fund. Now we're hearing that the PE firm has received so much interest for fund X that it will likely come in at $1.2 billion, a source says. Thoma Bravo, which has offices in San Francisco and Chicago, began marketing for fund X right after Labor Day, the person says. A first close is expected in December when Thoma Bravo will likely have commitments of over 50% of the $1.2 billion. A final close is seen in first quarter, the source says.
Holy cow, we just might make it. The CBOE Volatility Index has fallen. After a nearly two-month lag in which no executive in his or her right mind would even whisper the three little letters “I-P-O,” Ubiquiti Networks announced plans to go public. Now, says Naveen Jain, CEO of Intelius, the Washington state-based provider of […]
Mid-market purchase price multiples continued to expand in the third quarter, to 8.9x, according to sister publication Buyouts, which cited a report from Standard & Poor’s Leveraged Commentary and Data. Counting fees and expenses, the total expense of doing deals was 9.2x, the data showed. That was up from the second quarter multiple of 7.9x […]
The Carlyle Group is moving ahead with plans to buy a food processing company in Saudi Arabia by the end of the year, Reuters reported. The firm, which said in April that it was aiming for deals in Saudi Arabia, did not disclose terms of the deal or the name of the company.
Saban Capital Group Inc. is paying 692 billion rupiah ($78 million) for a 5% stake in Indonesian media firm PT Media Nusantara Citra, Reuters reported Monday. Saban Capital is controlled by billionaire Haim Saban. Los Angeles-based firm, which owns the Power Rangers franchise, will have an option to buy an additional 346.2 million shares or 2.5% stake in the company over the next 27 months, Reuters wrote.
Publicly traded communications company Polycom Inc. has acquired Vivu Inc., a provider of video collaboration software. Terms of the acquisition were not released. Vivu had reportedly raised venture financing from investors including Inventus Capital Partners, Draper Fisher Jurvetson and Quest Venture Partners.