ABRY Partners is raising up to $1.35 billion for its sixth fund, according to a regulatory filing. It already has secured nearly $700 million in commitments. ABRY is a Boston-based private equity firm focused on the media sector. www.abry.com
John Palfrey of Harvard Law School has joined Highland Capital Partners as a venture executive. Palfrey studies intellectual property in digital media, and will focus on both existing Highland portfolio companies and new opportunities. PRESS RELEASE Highland Capital Partners today announced that John Palfrey of Harvard Law School has joined the firm as a […]
Brette Simon has joined the Los Angeles office of Jones Day as a partner in the law firm's private equity practice. She previously was a partner with of Sheppard Mullin Richter & Hampton. PRESS RELEASE The Los Angeles Office of international law firm Jones Day announced today that Brette Simon has joined the Firm as […]
Ipreo, a New York-based provider of market intelligence and productivity software to corporations and I-banks, has acquired CapitalBridge, a provider of global market intelligence, analytics and investor relations solutions. The seller was Huntsworth PLC. No financial terms were disclosed. Ipreo is a portfolio company of Veronis Suhler Stevenson. PRESS RELEASE Ipreo, the premier […]
Platinum Equity is less than 60 days away from closing its second fund at its $2.75 billion hard cap, peHUB has learned. The Los Angeles-based firm recently held another interim close on around $2.5 billion. Some of that new capital may go toward the planned $113 million buyout of Industrial Distribution Group Inc. (Nasdaq: IDGR), which […]
EMC Corp. (NYSE: EMC) has agreed to acquire Pi Corp., a Seattle-based provider of personal information management software. No financial terms were disclosed. The seller is Warburg Pincus, which co-founded Pi Corp. in 2003 with former Microsoft executive Paul Maritz. Martiz will stay with EMC as president and general manager of the company's new Cloud […]
BioIQ, a Santa Barbara, Calif.-based healthcare IT company focused on diagnostic wellness solutions, has raised $2.5 million in Series B funding. Great Pacific Capital led the round. PRESS RELEASE BioIQ, a healthcare information technology company based here that specializes in wellness and diagnostics, announced today the completion of $2.5 million in Series B […]
Population Genetics Technologies Ltd., a UK-based developer of new technologies for population studies, has raised Gbp3.8 million in first-round funding. Backers include Auriga Partners, Noble Fund Managers and company founders. The company also announced that it has named Mel Kronick as CEO. He previously was a division R&D manager at both Agilent and Applied Biosystems. […]
Arieso Ltd., a UK-based provider of wireless network optimization solutions, has raised Gbp5 million in Series B funding. Oxford Capital Partners and Qualcomm Ventures co-led the round, and were joined by return backers Add Partners and Top Technology. PRESS RELEASE Arieso Ltd, the innovative wireless network optimisation provider, has secured $10m* in a Series […]
Teranetics Inc., a Santa Clara, Calif.-based provider of ICs for Ethernet transport, announced that it has raised $25 million in Series D funding. peHUB first reported on the deal last week, based on a regulatory filing. LSI Corp. was joined by return backers Columbia Capital, Granite Global Ventures, Global Catalyst Partners, Venrock and U.S. Venture Partners. […]