Piper Jaffray Cos. has named Thomas Schnettler as president and chief operating officer. He previously had been CFO. PRESS RELEASE Piper Jaffray Companies (NYSE: PJC) today announced changes to its senior management committee, naming Thomas Schnettler as president and chief operating officer of the company and supporting global growth by adding the heads of […]
Openbravo, a provider of Web-based open source enterprise resource planning and point-of-sale solutions, has raised $12 million in Series B funding. Amadeus Capital Partners led the round, and was joined by GIMV and Adara Venture Partners. PRESS RELEASE Openbravo, the leading developer of web-based open source Enterprise Resource Planning (ERP) and Point-of-Sale (PoS) solutions […]
Kythera Biopharmaceuticals Inc., a Calabasas, Calif.-based developer of aesthetic medicines, has raised $40 million in Series C funding. JAFCO led the round, and was joined by BBT Capital Management/Apothecary Capital, PFM and return backers Versant Ventures, ARCH Venture Partners, Prospect Venture Partners, Altitude Life Science Ventures and Wilson Sonsini Goodrich and Rosati. Kythera has now […]
Vodafone has agreed to acquire ZYB, a Denmark-based operator of a social networking and online management tool that lets mobile phone users back-up and share their handsets' contact and calendar information online. The deal is valued at EUR 31.5 million in cash. Sellers include Nordic Venture Partners and ZYB's founders. PRESS RELEASE Vodafone* today […]
HubSpot, a Cambridge, Mass.-based provider of inbound marketing systems for SMEs, has raised $12 million in Series B funding. Matrix Partners led the round, and was joined by return backer General Catalyst Partners. HubSpot had raised a $5 million Series A round in July 2007. PRESS RELEASE HubSpot secured $12 million in series B […]
SHARM EL-SHEIKH, Egypt (Reuters) – Investcorp INVB.BH (INVBq.L: Quote, Profile, Research), a Bahrain-based investment bank, is considering setting up a $1 billion fund to take advantage of turmoil in global credit markets by buying distressed debt. A spokesman said on Monday the fund's manager would include arbitrage specialist John Paulson, who made billions of dollars last […]
TOKYO (Reuters) – Facebook Inc founder and CEO Mark Zuckerberg stressed his company's independent spirit on Monday, after a report the social networking site might be sold to software giant Microsoft, which is hunting for ways to beef up its Internet business. “You can tell, from our history and what we've done, that we really […]
Vought Aircraft Holdings Inc., an Irving, Texas-based maker of aerostructure products for commercial, military and business jet aircraft, has filed for a $250 million IPO. It plans to trade on the NYSE under ticker symbol VTC, with Lehman Brothers, Goldman Sachs and JPMorgan serving as co-lead underwriters. Vought was formed in 2000 by The […]
Metals USA Holdings Corp., a Houston-based operator of metal service centers in the U.S., has filed for a $200 million IPO. It plans to trade on the NYSE under ticker symbol MUX. No underwriters were named in the filing. Apollo Management holds a 96.7% pre-IPO ownership stake. www.metalsusa.com
NEW YORK, May 16 (Reuters) – JPMorgan Chase & Co (JPM.N: Quote, Profile, Research) on Friday launched a $2.5 billion 30-year debt sale, according to International Financing Review. The bonds are expected to price at around 195 basis points over comparable U.S. Treasuries, said IFR, a Thomson Reuters publication. JPMorgan is the sole bookrunner on […]