Sugar Inc., a San Francisco-based blog publisher, has acquired Courture Media, a network of independent online style publishers. No financial terms were disclosed. The deal comes just weeks after Sugar acquired social shopping website ShopStyle. Sugar has raised more than $5 million in VC funding from Sequoia Capital and NBC Universal Digital Media. www.sugarpublishing.com www.coutorture.com
One year ago, Detroit was abuzz with talk that Ford Motor Co. might be the next American icon to go private. It already had put its luxury brands on the block, and its $15.4 billion market cap was well within the reach of buyout firms that still had ready access to cheap debt. But turnaround […]
Laguna Ventures has acquired OakHill Group, a McLean, Va.-based government contracting firm that offers information security management, engineering and information systems development services. No financial terms were disclosed. Laguna was recently formed as an acquisition platform to buy companies that serve the U.S. intelligence community and U.S. Department of Defense. It is backed by an […]
Canon Communications LLC, a Los Angeles-based B2B publisher and event organizer, has acquired two German trade shows: Interpart and Surfacts. No financial terms were disclosed. Interpart is a trade show for manufacturers and subcontractors in the automotive, electronics, medical, and machine construction industries in Southern Germany, while Surfacts serves European companies providing mechanical, chemical or […]
Buyout pros will look back on Q3 with the type of animus usually reserved for an infectious disease or termite infestation. But they’ll have to write down their qualitative anecdotes, as the historical data won’t look too bad. Buyouts Magazine today published deal closure and fund-raising data for Q3, which shows that the past three months […]
Air2Web Inc., an Atlanta-based provider of wireless applications and content gateway services, has agreed to acquire MindMatics AG, which offers similar services in the European marketplace. No financial terms were disclosed for the deal, which is expected to close later this month. Air2Web has raised over $76 million in VC funding since its 1999 […]
BSG Alliance Corp., an Austin, Texas-based provider of on-demand enterprise software, has acquired Industrial Science LLC, a Houston, Texas-based provider of business simulation frameworks and technology for large enterprises. No financial terms were disclosed. BSG earlier this year raised $20 million in VC funding from Foundation Capital, Hummer Winblad Venture Partners and Powershift Ventures. www.bsgalliance.com […]
Focus Financial Partners, a New York-based wealth management and consulting group, has acquired five new wealth management firms with an aggregate of $8 billion in client assets. They are: GW & Wade (Mass.), Dion Money Management (Mass.), Lara, Shull & May (Washington DC), Benefit Funding Services Group (Calif.) and JFS Wealth Advisors (Penn.). No financial […]
AzoogleAds of New York has acquired fellow search engine marketing company Bazaar Advertising Solutions Inc. of San Francisco. No financial terms were disclosed. Azoogle has raised VC funding from TA Associates the The Sripes Group. www.azoogle.com www.bazaaradvertising.com
It’s been obvious for some time that private equity pros were smarter than the folks lending them money. Like Alex Trebek to Jeff Foxworthy smarter. But never underestimate a disparity’s ability to expand. The FT is reporting that Citigroup is in talks to sell some of its “hung” leveraged loans to KKR and other private […]