SecureNet, a Rockville, Md.-based maker of payment processing software, has raised $18 million in growth financing led by the private equity firm Sterling Partners. PRESS RELEASE: SecureNet Payment Systems, a leader in payment processing technology, announced today that Sterling Partners, a leading growth-oriented private equity firm with approximately $5 billion in assets under management, has [...]
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Top 10 Posts Feature PE Career Tips, VC Returns at Indiana Public Retirement System and Ex-SecureNet CEO’s Suit Against Sterling Partners
Trending in the news this week: Audax Group, Canopy Financial, Chamath Palihapitiya, Eric Schmidt, Henry Ellenbogen, Identified, Indiana Public Retirement System, KPS Capital Partners, SecureNet, Sterling Partners, T. Rowe Price and Bill and Tim Draper.
Marc Potash, ex-CEO of SecureNet, is suing Sterling Partners for $375 million. He claims he was duped into selling 52% of the company in 2010.