Mitchell I. Quain was elected to Astro-Med's board. Quain is a partner with One Equity Partners. Astro-Med, of West Warwick, R.I., makes specialty high-tech printers, electronic medical instrumentation, and test and measurement data acquisition systems.
For the CEO of a company that’s supposedly going public in a few weeks, one would think Andrew Mason would be a bit more attentive to Groupon’s operations and staffing. Instead, he’s preparing for his wedding, while his company tries to scrub shady S-1 mechanisms from its forthcoming IPO, account for overseas layoffs and an […]
Today, we have more news on Patria's fundraising. This pool isn't the widely reported Patria PE fund (which closed earlier this month with $1.25 billion). Instead, this is the second infrastructure fund to come from Pátria Investimentos and Promon SA. The pool, P2 Brazil Private Infrastructure Fund II closed on Aug. 15 with $1.155 billion. This is up from the $1 billion target. New York-based Forum Capital Partners was the placement agent. Investors of fund II include corporate and public pension funds, endowments, family offices, funds of funds, and sovereign wealth funds from the U.S., Canada, Europe, Asia and the Middle East, according to a statement.
Signal Peak Ventures was formed by Ron Heinz and Brandon Tidwell, former Canopy Group pros, and acquired substantially all of Canopy’s ventures. StepStone Group led a group of LPs that backed the fund. Heinz said Signal Peak is in the process of relocating to permanent headquarters in Salt Lake City.
Online video platform company Brightcove Inc. has filed a with the Securities and Exchange Commission to raise $50 million in an initial public offering. Morgan Stanley and Stifel Nicolaus & Co. will act as joint book-running managers for the offering. Formed in 2004, Cambridge, Mass.-based Brightcove has raised more than $100 million in capital from investors including Accel Partners and General Catalyst Partners.
Coming to a Football Game Near You! Erectile dysfunction/obesity drug treatment company Vivus lands new funding. We don't want to see before & afters. All up in Your Casa: Rebels raise flag at Qaddafi compound We’re Getting to It: China says Moogle-ola hasn’t asked for its blessing yet Irrational Exuberance? Another bright futures day as the market expects Fed action It’s The Quake Crack Commandments! DC takes the brunt of the quake, Washington Monument inspected (apparently there’s a fault line that runs through DC, but as usual, Dems & the GOP can’t decide whose fault it is!)
Great Portland Estates is in talks to buy the London headquarters of British broadcaster ITN News for about 140 million pounds ($231 million), Reuters reported Wednesday. London-based private equity firm Accrue Capital and a Malaysian pension fund have also bid on the property – a 293,000-square-foot property.
PBS Biotech, based in Camarillo, Calif., has acquired the medical devices contract manufacturing firm Integrity CMI for undisclosed terms. PBS Biotech is a biotech firm that creates single use bioreactors. PRESS RELEASE: Camarillo, California, USA, August 23, 2011/ B3C newswire / – PBS Biotech®, Inc., a developer of state of the art single-use bioreactors for […]
Duck Creek Technologies, the technology policy administrator for insurers, was acquired by global consulting, outsourcing and management firm Accenture for terms undisclosed. New York City-based FirstMark Capital was the only institutional investor in Duck Creek, having backed the company with its initial investment in 2005.
First, peHUB broke the news that Partech International portfolio company Racktivity did a CEO shuffle as it prepared to commit to European operations, and today, sources tell peHUB, the international VC will soon be fundraising. Partech’s sixth international VC fund will be in the range of the VC’s last fourth and fifth vintages that respectively […]