Posted on: April 15, 2013 by Kirk Falconer
Winnipeg, Manitoba-based medical diagnostic company Miraculins Inc. has agreed to acquire all assets related to the SCOUT DS® technology, a diabetes screening technology, from VeraLight, Inc. Financial terms of the proposed deal were not released. VeraLight, which is based in Albuquerque, New Mexico, is backed by a mix of U.S. venture capital firms and strategic investors, including Psilos Group, CMEA Ventures, vSpring Capital, EPIC Ventures, Dow Chemical and the Southern Ute Growth Fund.
Tags: CMEA Ventures, Dow Chemical, Epic Ventures, Inc., Miraculins Inc., Psilos Group, Southern Ute Growth Fund, VeraLight, vSpring Capital
Posted on: December 6, 2012 by Connie Loizos
North Plains Systems Inc., a Toronto-based marketing company, has acquired VYRE, Inc., a U.K.-based maker of marketing resource management and brand asset management software. Terms of the deal were not disclosed. UPDATE: North Plains is a portfolio company of Accel-KKR LLC, a technology-focused private equity firm based in Menlo Park, California. Accel-KKR first invested in North Plains in 2011.
Tags: Accel-KKR LLC, Canada, Inc., North Plains, North Plains Systems Inc., VYRE
Posted on: November 20, 2012 by asormani
Kaltura, an open source video platform, has secured $25 million of funding from new investors Mitsui & Co. Global Investment, Inc. and ORIX Ventures. Existing investors Nexus Venture Partners, Intel Capital, .406 Ventures and Avalon Ventures also participated.
Tags: Avalon Ventures, Inc., Intel Capital, Mitsui & Co. Global Investment, Nexus Venture Partners, ORIX Ventures
Posted on: November 6, 2012 by asormani
Conecture Technologies has sold MediaBox to Jonas Software, a provider of enterprise management software solutions, and a subsidiary of Constellation Software. Independent investment bank The Jordan, Edmiston Group, Inc represented Conecture Technologies. MediaBox is a SaaS provider of digital asset management and asset workflow applications to media and entertainment, consumer products licensing, advertising and retail industries.
Tags: Edmiston Group, Inc., The Jordan
Posted on: October 15, 2010 by Barry Whyte
Private equity firm TA Associates has agreed to sell its controlling stake in 2SS Holdings, Inc, a developer of tax software, for $287.5 million in cash to H&R Block, a tax services provider. TA completed an $85 million leveraged recapitalization of 2nd Story Software in December 2004.
Tags: 2SS Holdings, H&R Block, Inc., TA Associates
Posted on: October 12, 2010 by Barry Whyte
Manhattan Beachwear, Inc, a portfolio company of Linsalata Capital Partners has purchased Apparel Ventures, Inc, a swimwear manufacturer. The details of the deal have not been announced. Linsalata Capital Partners is an Ohio-based private equity firm founded in 1984 and has made 96 buy-side transactions totaling more than $2 billion. It is currently investing from its sixth fund, Linsalata Capital Partners Fund V, L.P. (LinCap V), with $425 million in committed equity capital.
Tags: Apparel Ventures, Inc., Linsalata Capital Partners, Manhattan Beachwear
Posted on: October 8, 2010 by Barry Whyte
Private equity firm Mason Wells, based in Milwaukee, WI, has bought Appleton Performance Packaging from Appleton Papers, Inc. Mason Wells will rename the business NEX Performance Films, Inc. The details of the deal were not disclosed. Mason Wells recently closed on a $525 million equity fund called Mason Wells Buyout Fund III.
Tags: Appleton Papers, Appleton Performance Packaging, Inc., Mason Wells
Posted on: October 6, 2010 by Barry Whyte
Imperial Capital Corporation, a Toronto-based private equity firm, has bought Petra Pet, Inc, a New Jersey manufacturer of dog treats. BMO Capital Corporation provided subordinated debt and equity capital in support of the acquisition and BMO Bank of Montreal provided senior debt facilities. The details of the transaction were not released.
Tags: BMO Capital Corporation, Imperial Capital Corporation, Inc., Petra Pet
Posted on: October 6, 2010 by Barry Whyte
Community Energy, Inc, raised $4m in a Series A round of funding, led by SJF Ventures, a venture capital fund with offices in Durham, NC, New York and san Francisco. NGP Energy Technology Partners also invested. The deal includes an option to invest another $2 million. Community Energy will use the funds to develop solar energy projects in the Northeast, Mid-West, and West.
Tags: Community Energy, Inc., NGP Energy Technology Partners, SJF Ventures
Posted on: September 27, 2010 by Barry Whyte
OpGen, Inc., a Maryland-based commercial phase genomics company, completed a $17 million Series B round of equity financing. The new round of financing was led by jVen Capital with participation from the company’s other major investors, including CHL Medical Partners, Highland Capital Partners, Mason Wells Biomedical and Versant Ventures. Evan Jones of jVen Capital has been named as executive chairman of OpGen’s boards.
Tags: Inc., jVen Capital, OpGen