Waterland, a UK private equity consortium, is in negotiations to restructure the buyout debt of its Dutch gaming portfolio company JVH Gaming. The business blames its struggles on a new smoking ban and tax. The debt in question is worth
Winona Capital and Chicago Growth Partners-backed American Education Group has purchased Georgia-based private school operator Shreiner Academy from its founders. Deal terms were not disclosed, but the transaction is American Education's fourth add-on since taking on a $40 million investment from the PE firms last year.
Reliant Technologies, a venture-backed life sciences company, sold itself to Thermage Inc. for $95 million. The company had raised around $35 million from Delphi Ventures, Meritech Capital Partners, Three Arch Partners and individuals, according to VentureWire.
GT Solar International Inc., a solar power supply chain company, priced its IPO between $15.50 and $17.50 per share with 30.3 million common shares. The company is backed by OCM/GFI Power Opportunities Fund II LP, a joint fund managed by GFI Energy Ventures and Oaktree Capital Management. The company will trade under the ticker SOLR.
Cyber-Rain Inc, a technology company focused on water management, raised $1.5 million in Series A financing from Funk Ventures, Momentum Venture Management and others.
Corefino Inc. raised $13.6 million from Bay Partners and Opus Venture Partners. It is the web-based accounting system developer's first round of fundraising.
Paragon Lake, a customized jewelry supplier, raised $5.4 million in a Series A round of fundraising from Highland Capital Partners and Canaan Partners.
Accuri Cytometers, a life sciences company that develops cytometer systems, has raised $14 million in a Series C financing. Flagship Ventures and Fidelity Biosciences led the round.
Gregory L. Taber and Daniel L. DeSantis have been promoted to managing directors at Ohio-based LBO shop Linsalata Capital Partners. Taber joined Linsalata in 2000; DeSantis came on board in 2001. Mayfield Heights, Ohio
Innovalight, Inc. has received $5 million in commitments from ATEL Ventures, a San Francisco-based venture capital firm. The financing comes in the form of an equipment lease. Innovalight makes low price point portable solar power systems using nanotechnology. ATEL Ventures is part of ATEL Capital Group. ATEL Ventures Commits $5.0 Million in Equipment Lease Financing […]