Pixim, the Mountain View, Calif.-based startup providing technology for security cameras, will buy Advasense Technologies. Investors in Pixim include Tallwood Venture Capital, Ridgewood Capital, Mayfield Fund and Mohr Davidow. Advasense Technologies investors include Genesis Partners, Giza Venture Capital, CIDC Consultants, BlueRun Ventures and VentureTech Alliance. Specifics on the transaction were not publicized.
Centerfield Capital Partners has raised $59.85 million from 23 investors so far for its third fund, Buyouts reported, citing a recent regulatory filing. It unclear how much the Indianapolis-based firm is seeking to raise for the fund, Centerfield Capital Partners III LP. Centerfield Capital provides subordinated debt and equity to lower mid-market companies for acquisitions, growth financings, recapitalizations, corporate divestitures and other types of transactions. The firm currently manages approximately $200 million, according to its Web site. Centerfield Capital raised $130 million for its previous fund in 2006, according to Capital IQ.
Genstar Capital has bought MW Industries. Financial terms weren't announced. Logansport, Ind.-based MW Industries provides highly engineered springs, specialty fasteners and other precision components.
(Reuters) – Carlyle Group has raised $1 billion to invest in South America, the private equity firm said on Wednesday, giving it a total of $14 billion assets under management in emerging markets. Carlyle raised $776 million for its Carlyle South America Buyout Fund, whose main focus is Brazil, it said in a press release. […]
Buyout shop Avista Capital Partners has acquired DataBank, a provider of managed data center services, from investment firm Freeman Group, the company announced Wednesday. Financial terms of the transaction were not disclosed. Houlihan Lokey acted as financial advisor to DataBank. Kirkland & Ellis LLP acted as legal advisor to Avista. Avista was formed in 2005, and manages $4 billion of committed capital from offices in New York, Houston, and London.
Talking Big: Battery Ventures expects nine IPOs. That’s nine companies going public… NINE TIMES. Discoloration: Techcrunch reports Peter Pham has left Color We Do it the Old Fashioned Way: How Steve Jobs really turned Apple into a juggernaut Killing It: Ackman makes a mint on JCPenney’s new hire
Blackstone is close to a deal to buy German outdoor clothing and equipment maker Jack Wolfskin, Reuters reported Wednesday. The company, owned by Barclays Private Equity and Quadriga Capital, has been searching for a buyer for some time, and failed in a previous attempt to attract a high enough offer. Blackstone is willing to pay […]
The owners of Polkomtel have received three final bids for the Polish mobile operator, Reuters reported Wednesday. The company declined to name bidders. Bankers have previously valued the company at up to 18 billion zlotys ($6.6 billion). It was put up for sale by its owners: miner KGHM, and state-linked companies PKN, PGE, and coal exporter Weglokoks, as well as Vodafone, Reuters wrote.
The Carlyle Group is in talks with private equity firm Gores Group about buying a majority stake in French decoder maker SagemCom, Reuters reported, citing a news item in Les Echos. Carlyle offered less than 500 million euros ($723 million) for the stake, the French newspaper said. Gores Group currently holds 65.7% of SagemCom, which […]
In 1998, I received a request from the CEO of Putnam Investments to lead an Internet strategy project. Amazon.com had gone public in 1997, and there was a concern within most companies that the Internet would disintermediate their distribution channels similar to what was happening in the book retail industry. From a financial services perspective, […]