Charlesbank Capital Partners said late Wednesday that it has acquired OneStopPlus Group. Financial terms weren’t announced. PPR, the Paris-based luxury and sport & lifestyle group, is the seller. Webster Capital is also investing. New York-based OSP is a catalog retailer and online marketplace for plus-size consumers. Michael O’Hara of Consensus Advisors provided financial advice to Charlesbank, while Peter J. Solomon Company acted as financial advisor to PPR.
Yahoo’s $1.1 billion planned purchase of blogging site Tumblr is the largest exit of a pre-public venture-backed New York-based company
Author : mboslet
The surging popularity of bitcoin has some brand-name venture capitalists investing real money in the controversial virtual currency. Just since
Author : laragon
It’s that time of the year when every VC (or, well, most VCs) secretly pulls up Forbes’ Midas list and,
Author : mahendra
Blackstone Group LP is planning to create a hedge fund which will consist of the boldest trades from the third-party
Author : reuters-news
Shares of Tableau Software soared nearly 64% on Friday, promising a massive return for its venture capital backers New Enterprise
Author : lbeltran
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Mission Markets said on Thursday that it has closed a $1.5 million Series A2 funding round. This brings the company’s total funding to approximately $3 million. Lead investor was social entrepreneur James Lee […]
The Hillman Companies said on Thursday that Executive Vice President and Chief Operating Officer James P. Waters will succeed Max W. Hillman as Chief Executive Officer, effective July 1, 2013. Waters, who had […]
LoyalBlocks said on Thursday that it has received $9 million in Series A funding. The lead investor was General Catalyst Partners. Founder Collective and existing investor Gemini Israel Ventures also participated […]
Institutional investors are taking over the nascent peer-to-peer lending industry, and in doing so, taking the “peer” out of the equation. For their part, “peer-to-peer” lending platforms like Lending Club, <a href="http://www.prosper.com/" […]
Over a 10-year period ending in 2011, Harvard Business School professor Noam Wasserman researched roughly 10,000 founders, finding that by a company’s third round of funding, half of all original CEOs were gone, […]
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