News and Analysis

Affinium Pharmaceuticals, the Austin, Texas-based drug company, has closed a $15 million round, its Series B, from existing investors SV Life Sciences, Genesis Capital Partners and Forward Ventures. The Ontario Emerging Technologies Fund is also participating in the round.
Listed, California-based data analytics firm CoreLogic has hired investment bank Greenhill & Co. as an advisor for a potential sale. According to a statement issued by CoreLogic, the company “has taken significant steps to strategically reposition the company and streamline its operating structure.”
In His Time: Dick Cheney sounds off, big time More Alternative Energy: Infinia looking to raise $25M Bad News for PE firms this summer Oh. No. No. No. NO. This is reeeaaalllyyyy uncomfortable, former Col. Qaddafi. Dealbook Asks: So, what about Steve Jobs’ philanthropy record?
(Reuters) – India’s Future Group is in talks with a clutch of potential buyers including JPMorgan and Kohlberg Kravis Roberts and Co to sell its financial services arm, Future Capital Holdings, three sources with direct knowledge of the matter told Reuters. The group, which has hired Morgan Stanley to run the sale process, is also […]
Aligned Asset Managers, which is backed by GTCR, said Monday that it has acquired a majority stake in Townsend Group. Financial terms weren't announced. Townsend, with offices in Cleveland and San Francisco, is a specialty real estate advisory and investment firm with more than $100 billion of total advised assets.
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Greenbriar Equity Group said Monday that it has bought the Aerospace Hardware division of Anixter International and established Align Aerospace. Chatsworth, Calif.-based Align distributes hardware components, logistics and supply chain solutions to the aerospace and defense industries.
Bendigo Partners has invested in Akatsuki Financial Group. Financial terms weren't disclosed. Akatsuki, of Japan, is a mid-sized financial services firm, specializing in retail brokerage and asset management. Bendigo, of New York, invests in technology-driven financial services.
Just weeks after selling Mama Rosa's, Plaza Belmont has exited Casa de Oro Foods, a tortilla maker, for $20 million. Gruma Corp., which owns Mission Tortillas, is buying all of Casa de Oro including the company’s tortilla production assets, inventories, brand and customer lists. Plaza Belmont, which had a majority stake, is selling its holding. Others exiting include MidStates Capital, Kansas Venture Capital, Midwest Venture Capital and Lewis & Clark Holdings, and Bank Midwest of Kansas City, according to a statement. "It was 100% sale of all the assets," says Bob Parnow, Plaza Belmont's president and COO. "We are out of the tortilla business."
Michael Hudson was named CFO and EVP of HealthPlan Holdings. He was previously head of care management operations for Aetna. HealthPlan is a Water Street Healthcare Partners' portfolio company.
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