Twitter confirmed on its company blog Monday that the company has taken another round of investment capital. The company did not specify all of its investors, a valuation or an overall price, but it did say "venture firm DST Global" led the round.
Noson Lawen Partners has invested in Greenleaf Book Group. Financial terms weren't announced. Austin-based Greenleaf publishes adult non-fiction and fiction trade books, in both paper and electronic format. DeSilva+Phillips provided financial advice to Greenleaf.
Merlin Media, the media company created through a joint venture between GTCR in partnership with Emmis Communications, will launch FM News 101.1 in Chicago, the city’s only 24-hour news station. Merlin recently brought on board Tribune vet Randy Michaels to lead the entity as CEO.
LTI Flexible Products, which is backed by lower middle-market investor Sentinel Capital Partners, has acquired Boyd Corp., a designer and manufacturer of sealing and energy management products. LTI is a designer and manufacturer of extruded, die-cut, and molded flexible rubber and plastic sealing systems and related components. Terms of the deal were not released.
Wow. It isn’t often that I drop everything after I read an article and feel compelled to respond. But I was dumbstruck when I read this piece in the Washington Post. It was titled: Five myths about entrepreneurs. In around 1000 words, the author went on to trash the National Venture Capital Association, Peter Thiel, […]
Publicly traded Autodesk Inc. has acquired Instructables.com, an online site where users post do-it-yourself instructions on how to created things ranging from furniture to food. Terms of the deal were not released.
Buyout shop Sycamore Partners has taken a 9.9% stake in clothing retailer Talbots Inc., Reuters reported. Sycamore and its affiliates become the second biggest shareholders in Talbots, after OppenheimerFunds, which holds a 13.27% stake, according to Reuters. Shares of Talbots were up 10% Monday, trading at $3.80 a share.
Deluxe Corp. has acquired the assets of PsPrint, an online supplier of custom printed promotional products and a portfolio company of private equity investor Sverica International. MHT Partners acted as exclusive advisor to PsPrint. Terms of the deal were not released.
SeraCare Life Sciences Inc., which is traded on the Nasdaq, is potentially looking for a buyer, Reuters reported. The company recently received a proposal from MSMB Capital and is reportedly reviewing the possible deal, as well as other options. Lazard is advising SeraCare.
Archer Limited has paid $742 million to buy Great White Energy Services, a company formed by Wexford Capital. The deal is expected to close in the third quarter. Archer is backed by Seadrill Limited and Lime Rock Partners. Great White provides a range of energy-focused services including coil tubing and snubbing services, directional drilling, and pressure pumping.