Vancouver-based Indochino Apparel Inc., an online menswear company, has raised a C$13 million Series B financing round. Highland Consumer Fund led the round, with participation from existing investors Madrona Venture Group, Acton Capital Partners and Jeff Mallett, Indochino’s chairman and the former president and COO of Yahoo. As part of the investment, Tom Stemberg of Highland will join the company’s board of directors.
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Looking for a position as a private equity associate with a focus on the mid-market? Global private investment firm H.I.G Capital is seeking a Miami-based private equity associate to assist in all aspects of the investment process.
Venture capital fund Highland Consumer Fund has hired Peter Cornetta as a managing general partner. Cornetta has spent the last fourteen years in mergers and acquisitions leading investments in consumer sectors, media, healthcare services and manufacturing.
Brooklyn-based classic American brand J.McLaughlin has closed a senior debt facility from ORIX Leveraged Finance. Proceeds were used to finance the previously announced acquisition of J.McLaughlin by private equity sponsors JH Partners, the Highland Consumer Fund, and Palladin Capital Group as well as provide liquidity for the company’s future growth. ORIX Leveraged Finance was the [...]
Trupanion, a 12-year-old, Vancouver-based company that sells pet insurance, has raised $9 million, from the Highland Consumer Fund and Maveron, the Seattle-based venture capital firm. To date, Trupanion has raised $37.1 million, including from Maveron, the company’s first institutional investor. It entered the U.S. market in 2008, opening its U.S. office in Seattle. PRESS RELEASE: [...]