Stonebridge Associates has promoted Stefanie Dhanda from vice president to senior vice president. PRESS RELEASE Investment banking firm Stonebridge Associates has promoted Stefanie A. Dhanda from Vice President to Senior Vice President. This announcement follows the recent promotion of Annette Vaughan to Principal. “Over the years, Stefanie and Annette have been outstanding contributors to […]
Cole Drotman has joined The Ropart Asset Management Funds as an analyst. He is a recent Wharton grad who interned last summer at Imperial Capital. www.ropart.com
Francisco Partners has completed its sale of Metrologic Holdings Corp. to Honeywell International for $720 million in cash. Francisco had led a $346 million take-private buyout of Metrologic in December 2006, alongside hedge fund Elliott Associates and Metrologic chairman and then-interim CEO Harry Knowles. Metrologic makes data capture and collection hardware and software. PRESS RELEASE […]
Xandros Inc., an Ottawa-based provider of OEM Linux solutions and Linux desktop and server products, has acquired Linspire, a provider of CNR software distribution solutions. No financial terms were disclosed. Xandros has raised around $10 million in VC funding from Linux Global Partners. PRESS RELEASE Xandros, Inc., the leading provider of custom OEM […]
AXA Private Equity, the private equity arm of the French insurer, has opened an office in Zurich in what it says is a “response to private equity investment opportunities among investors in the Swiss market”. The Paris-headquartered firm said that the move will also strengthen its international presence and its links with Switzerland's AXA […]
Topspin Partners LBO has closed its first buyout fund with $132 million in capital commitments. It will focus on lower middle-market opportunities. PRESS RELEASE Topspin Partners LBO (“Topspin LBO“), a leading investment firm focused on the lower middle market, announced today that it has closed a new $132 million equity fund, exceeding its initial […]
Almaz Capital has held a $60 million first close for its debut fund, which will focus on early-stage tech opportunities in Russia and CIS. The fund’s anchor investor is Cisco. PRESS RELEASE Cisco (NASDAQ: CSCO) today furthered its strategy of investment in the Russian technology industry with the announcement of an anchor investment in […]
AlloCure, a cell therapy company focused on acute kidney injury, has raised $14.5 million in Series A funding. SV Life Sciences led the round, and was joined by Novo AS. AlloCure has offices in both Germany and Salt Lake City. PRESS RELEASE AlloCure Inc., a biotechnology company at the forefront of innovative cell therapies […]
Daxco Inc., a Birmingham, Ala.-based provider of on-demand software to nonprofits, has raised $7.75 million new VC funding from Frontier Capital. PRESS RELEASE DAXKO, Inc., a leading provider of on-demand software to nonprofits, today announced that the Company has received $7.75 million in expansion funding from Frontier Capital. Frontier is a private […]
ForeScout Technologies Inc., a Cupertino, Calif.-based provider of network access control solutions, has raised $8 million in Series E funding. Return backers include Accel Partners, Amadeus Capital Partners, Meritech Capital Partners and Pintango Venture Capital. The company has now raised $44 million. PRESS RELEASE ForeScout Technologies, the leading provider of regulatory compliance solutions and […]