RHI Entertainment Inc., a New York-based producer of made-for-TV movies and other television programming, raised $189 million via an IPO. The company priced $13.5 million shares at $14 per share, which was lower than the $16-$18 per share expectations. It will trade on the Nasdaq under ticker symbol RHIE, while JPMorgan and Banc of […]
Helen Alexander is leaving her post as CEO of The Economist Group, in order to become a senior advisor to Bain Capital. The move will take effect on July 15. PRESS RELEASE The Economist Group today announces that its chief executive Helen Alexander is to step down at the Group's annual general meeting […]
David Martus has agreed to join Pegasus Capital Advisors, after having spent the past eight years as a private equity portfolio manager with the Colorado Public Employees' Retirement Association. He begins the new job on July 21. www.pcalp.com
John Arens has joined Liquid Realty Partners as a director. He previously was a vice president at Redwood Trust, a publicly-traded mortgage REIT. PRESS RELEASE Liquid Realty Partners, the global leader in acquiring interests in private real estate funds, partnerships and trusts on a secondary basis, has hired John Arens in the new position […]
Control4, a Draper, Utah-based maker of home control and entertainment system solutions, has raised $20 million in Series F funding, according to a regulatory filing. Shareholders include Foundation Capital, Frazier Technology Ventures, Thomas Weisel Venture Partners and vSpring Capital. www.control4.com
SAP AG (NYSE: SAP) has agreed to acquire Visiprise Inc., an Alpharetta, Ga.-based provider of manufacturing execution software. No financial terms were disclosed. Visiprise has raised around $100 million in VC funding since late 1999, from firms like RRE Ventures, Wheatley Partners, Canaan Partners, Westbury Partners, Morgan Stanley Venture Partners, Internet Capital Group, Accenture […]
Lehigh Technologies Inc., a Naples, Fla.-based rubber recycling company, has raised a new round of funding from Kleiner Perkins Caufield & Byers and Index Ventures, according to VentureWire. No financial terms were disclosed for the deal, which will be used to fund construction of a new recycling plant. The company had raised an $18 million […]
Neocleus, a Jersey City, N.J.-based provider of endpoint virtualization solutions, has raised $11.4 million in Series B funding. Return backers include Battery Ventures and Gemini Israel Funds. PRESS RELEASE Neocleus, a pioneer in endpoint virtualization, today announced that it has raised $11.4M in Series B funding. Neocleus' solutions create a more flexible, secure […]
Protus, an Ottawa-based provider of SaaS communications tools for small and mid-sized businesses, has acquired GOT Corp., a Montreal-based email marketing services company. No financial terms were disclosed. Protus has raised VC funding from firms like Bank of Montreal Capital Corp., EdgeStone Capital Venture Fund, B.E.S.T. Discoveries Fund and Covington Capital Corp. GOT had been […]
BMC Software (NYSE: BMC) has acquired ITM Software, a Santa Clara, Calif.-based provider of IT business management solutions. No financial terms were disclosed. ITM has raised nearly $35 million in VC funding from firms like Red Rock Ventures, InnoCal Venture Capital, Ascend Venture Group, Technology Partners, RBC Technology Ventures and Square 1 Bank. PRESS […]