Increo Solutions, a Palo Alto, Calif.-based developer of software to help enterprise teams through the innovation process, has raised an undisclosed amount of seed funding from Draper Fisher Jurvetson. PRESS RELEASE Increo Solutions, a Palo Alto, CA-based company that produces software to support teams throughout the innovation process, announces the closing of a […]
James Wakefield has joined private equity placement agent BerchWood Partners as a London-based senior advisor. He previously was a director with Bridgepoint Capital. PRESS RELEASE BerchWood Partners, a leading global private equity placement agent, has announced the addition of Former Bridgepoint Director James Wakefield as a Senior Advisor. He will be based in the […]
ChipVision Design Systems, an Oldenburg, Germany-based provider of low-power electronic design automation solutions, has raised $4.5 million in Series B funding. Return backers include Target Partners and BayTech Venture Capital. PRESS RELEASE ChipVision Design Systems, the low-power specialist in electronic design automation (EDA), today announced it has raised $4.5 million in a Series B […]
Odyssey Investment Partners has completed its sale of Norcross Safety Products LLC to Honeywell International for approximately $1.2 billion. Norcross is an Oak Brook, Ill.-based maker of personal protective equipment, and was acquired by Odyssey in July 2005 for approximately $495 million. Credit Suisse advised Norcross on the sale to Honeywell. PRESS RELEASE Odyssey […]
SunGard has acquired Strohl Systems Group Inc., a King of Prussia, Pa.-based provider of business community planning software and services. No financial terms were disclosed. SunGard was acquired in 2005 by seven private equity firms, while Payformance has raised around $26 million in VC funding from firms like ABS Capital Partners, Wachovia Capital Associates and […]
LONDON, May 16 (Reuters) – British biotechnology company Antisoma Plc (ASM.L: Quote, Profile, Research) agreed to buy Xanthus Pharmaceuticals Inc, a private U.S. cancer specialist, for 26.8 million pounds ($52.2 million) in shares, it said on Friday. Antisoma Chief Executive Glyn Edwards said the deal would give the company more drugs in later-stage development. “Combining […]
OmniGuide Inc., a Cambridge, Mass.-based developer of a flexible CO2 laser scalpel for minimally-invasive surgeries, has raised $25 million in Series E funding. Psilos Group led the round, and was joined by return backers Ray Stata, Stata Venture Partners, 3i, Argonaut Ventures, ESI, Gainesborough Investments, Jeff Swartz and Westbury Partners. Thomas Weisel Partners served as […]
Fintiles is seeking to acquire Italian ceramic tile maker Marazzi SpA. Fintiles is an investment group owned by Filippo Marazzi, and private equity firms Permira and Private Equity Partners. Fintiles has offered EUR 7.15 per share for the company, a premium of 14% on Monday's share price. Permira and Private Equity Partners invested in Marazzi […]
Indigo Capital has promoted Martin Hook to partner. He had joined the firm in 1999, after spending four years with Dresdner Kleinwort Benson. Indigo also has hired two new investment executives: Burkhard Wangenheim (formerly with M-Cap in Germany), and Guillaume Claire (formerly with JPMorgan). www.indigo-capital.com
Hansen Yuan has joined the scientific advisory board of Healthpoint Capital. He is a professor emeritus in the department of orthopedic and neurological surgery at SUNY Health Science Center. PRESS RELEASE HEALTHPOINTCAPITAL, LLC. (“HEALTHPOINTCAPITAL”) announced today that it has appointed Dr. Hansen A. Yuan to its Scientific Advisory Board. Dr. Yuan is a preeminent […]