Riverside’s YourMembership.com buys JobTarget

YourMembership.com, which is backed by Riverside, has acquired JobTarget. No financial terms were disclosed. Deloitte, Jones Day and West Monroe Partners advised Riverside on the deal. JobTarget is a provider of job boards software and solutions for professional and trade associations.


The Riverside Company backs Tate’s Bake Shop

The Riverside Company has backed Tate’s Bake Shop, a premium cookie and baked goods provider based in Southampton, New York. Golub Capital, Crescent Capital and Triangle Capital provided financing for the transaction. Riverside was advised by Jones Day and Deloitte. TM Capital Corp, an investment banking firm with offices in New York, Boston and Atlanta, served as financial advisor to Tate’s Bake Shop.


The Riverside Company invests in Grace Hill

The Riverside Company has invested in Grace Hill. Financial terms weren’t announced. Augusta, Ga.-based Grace Hill provides a suite of training tools, including online courses and videos, for individuals working in the apartment industry. Freeport Capital provided financing for the transaction. Riverside was advised by Jones Day and Deloitte.


Deloitte names Patrick Henry leader of U.S. investment management practice

Deloitte has named Patrick Henry, a partner with Deloitte & Touche LLP, as vice chairman and leader of the cross-functional investment management practice in the U.S. Henry succeeds Cary Stier, who will now lead Deloitte Touche Tohmatsu Limited member firms’ investment management practice globally. Henry will be responsible for development of key sector initiatives across Deloitte’s audit, tax, consulting and advisory businesses.

Asenti expands in Cleveland

Asenti Diligence Partners has expanded its team with a newly established office in Cleveland. Josh Melitschka is joining the Cleveland team. Prior to joining Asenti, he was a senior manager at BBP Partners and at Deloitte’s M&A transaction services practices. Kevin Berry, a recent graduate of the University of Dayton, will support deal teams from Asenti’s Cleveland office.

LX Ventures’ Copper.io hires new COO

Copper.io, a portfolio company of LX Ventures, has hired Bernd Petak as its chief operating officer. The appointment is effective immediately. Petak is a former strategy and operations consulting partner at Deloitte. Based in Vancouver, British Columbia, Copper.io is a provider of tools for developers of web and mobile apps.


Riverside invests in BeneSys

The Riverside Company said Tuesday that it has made an undisclosed investment in BeneSys. THL Credit and PNC provided financing for the transaction. Jones Day and Deloitte served as advisor to Riverside. Based in Troy, Michigan, BeneSys is a provider of third-party administration services for employee healthcare and pension benefit programs for Taft-Hartley multiemployer plans.

Deloitte Acquires IE Discovery

Deloitte has acquired IE Discovery, a provider of electronic discovery management and litigation support solutions that serves federal government clients. IE Discovery is headquartered in Austin, Tex., with additional offices in Arlington, Va. Terms of the acquisition were not disclosed. PRESS RELEASE Deloitte today announced that it has acquired substantially all of the assets of […]

Deloitte Acquires Mobile Apps Developer Ubermind

Deloitte said it acquired mobile app developer Übermind, Inc. Terms of the deal were not disclosed. PRESS RELEASE Deloitte Acquires Übermind; Establishes Lead in the Mobile Revolution NEW YORK, January 4, 2012 — Expanding its leading-edge business, systems integration and enterprise technology capabilities, Deloitte today announced the acquisition of Übermind, Inc., an innovative mobile agency. […]

Slideshow: Cloud, Social Media, Health Services Top List Of Hottest Global Venture Investment Areas

Venture capitalists continue to face challenges turning portfolio investments into attractive exits. But many have no difficulty identifying new opportunities to put money to work, according to a global survey of investment intentions release this week. The study – the annual Global Venture Capital Survey conducted in the spring by the National Venture Capital Association […]


Cleantech’s Nemesis: Consumer Awareness Still Lags

Ever wonder why cleantech has been slow to take off? Ok, sure. The technology is still immature. Solar cell efficiencies are relatively low and the smart grid is, well, hardly a grid. What’s more, until now, energy has been relatively inexpensive. But there is another big reason, in fact the big elephant in the room: […]

Deloitte, CVCA Survey: VCs in Canada See Further Contraction

Sixty-six percent of Canadian respondents expect their industry to contract over the next five years, according to the 2010 Global Venture Capital Survey by Deloitte, Canada’s Venture Capital & Private Equity Association and other industry associations. However, a majority of VCs in China, India and Brazil are more optimistic and anticipate growth in the number of venture firms in their countries over the same period.

Cleantech Venture Investments Hit $2.02 Billion

Clean technology venture investments in North America, Europe and China hit $2.02 billion in second quarter, up 43% for the same time period in 2009, according to the Cleantech Group and Deloitte. Solar was the lead sector for investments with $811 million spread across 26 deals.

PEHUB Community

Join the 12505 members of peHUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

PE HUB News Briefs

RSS Feed Widget

VCJ Headlines (subscribers only)

RSS Feed Widget

Buyouts Headlines (subscribers only)

RSS Feed Widget

Reuters VC and PE feed

RSS Feed Widget