SilkRoad Technology Inc., a Winston-Salem, N.C.-based provider of online talent management solutions, has raised $10 million in new VC funding. Azure Capital Partners led the deal, and was joined by SilkRoad Equity. PRESS RELEASE SilkRoad technology, inc., a leading provider of a full suite of Web-based Talent Management solutions, announced today that it has […]
The Step2 Company, a portfolio company of Liberty Partners, has agreed to acquire Thinkactivity Inc., an Englewood, N.J.-based maker of toys for infants and toddlers. No financial terms were disclosed. PRESS RELEASE The Step2 Company, LLC (“Step2”) announced today that it is acquiring privately owned Thinkativity, Inc. (“Thinkativity”), headquartered in Englewood, New Jersey. Known […]
Bruegger's Enterprises Inc., a bagel shop chain owned by Sun Capital Partners, has acquired Triangle Bagels and Bagel Factory Inc. no financial terms were disclosed. Triangle Bagel is a franchisee of 14 Bruegger's shops in North Carolina, while Bagel Factory has five locations in and around Philadelphia. PRESS RELEASE Bruegger's Enterprises, Inc. (“Bruegger's“), the […]
Skyflying Media, a Chinese outdoor media advertising company, has raised $83 million in Series A funding. Backers include Goldman Sachs, New Horizon Capital and Sequoia China. Citigroup Global Markets served as Skyflying's financial advisor. PRESS RELEASE Skyflying Media completed a round of strategic equity financing by Series A investors such as well-known global investment […]
Arcapita has agreed to sell TLC Health Care Services Inc. to Amerdisys Inc. (Nasdaq: AMED), for an enterprise value of $395 million. TLC is a Lake Success, N.Y.-based provider of home healthcare services in 22 states. Navigant Capital Advisors advised TLC on the deal. PRESS RELEASE Arcapita Inc., a leading private equity investment firm […]
Safend, a Tel Aviv-based provider of endpoint data leakage prevention solutions for enterprise computers, has raised $9 million in Series C funding. A “multi-billion dollar European asset management firm” led the round, and was joined by return backers Elron, Intel Capital and Walden Israel Venture Capital. PRESS RELEASE Safend, an international provider of endpoint […]
HIT Entertainment, the Apax Partners-owned UK television programming and distribution group has sold Guinness World Records to Canada's Jim Pattison Entertainment, part of the Jim Pattison Group for a consideration thought to be in the region of Gbp60m (US$117m). HIT purchased the Guinness World Records brand in 2002 when it acquired Gullane Entertainment for Gbp139m […]
Mubadala Development Company, a sovereign wealth fund owned by the Abu Dhabi government, is considering increasing its stake in US-based private equity firm The Carlyle Group. Reuters reported Mubadala, which bought a 7.5% stake in Carlyle for US$1.35bn last September, is looking to up its interest “slightly” as it plans further acquisitions in aerospace, energy […]
Bunker Hill Capital Partners is targeting $250 million for its second fund, according to a regulatory filing. The Boston-based firm focuses on buyouts of lower-middle-market companies. It already has closed on around $110 million, from limited partners like Hartford Life Insurance Co., Northwestern Mutual Life Insurance Co. and fund-of-funds manager White Rose. www.bunkerhillcapital.com
Agami Systems Inc., a Sunnyvale, Calif.-based provider of enterprise-class unified storage systems, has raised $45 million in Series C funding. Advanced Equities led the round, which includes an extension option. Return backers include New Enterprise Associates, Kleiner Perkins, Apex Venture Partners, Alta Partners, TIF Ventures and Duff Ackerman Goodrich. The company has now raised around […]