PE-backed acquires Halifax startup Compilr

Online education firm said Monday that it has acquired Compilr. No financial terms were disclosed. Based in Halifax, Compilr is an online code editor. is backed by Accel Partners, Spectrum Equity and Meritech Capital Partners.

Silverpoint Sold to finalsite

Finalsite, which is backed by Spectrum Equity, has acquired Silverpoint. Financial terms were not announced. Baltimore, Md.-based Silverpoint provides websites and software to independent schools.

Reuters – Wins Investment from Accel, Spectrum

Online learning company has won $103 million in new funding from venture capital firm Accel Partners and equity investor Spectrum Equity, writes Reuters. The cash infusion marks the company’s first outside funding and will allow the company to expand internationally, add new content areas, and improve its Web and video platforms, writes Reuters.

Spectrum to Become Seamless’ Largest Shareholder

Spectrum Equity is now the largest shareholder of Seamless. Yesterday, ARAMARK said it would spin-off its interests in Seamless, the New York online and mobile food ordering service, to its shareholders. ARAMARK’s investors including GS Capital Partners, CCMP Capital, Thomas H. Lee Partners and Warburg Pincus

ARAMARK to Spin-Off Seamless to Shareholders

ARAMARK said Monday that it will spin-off its interest in Seamless to ARAMARK shareholders. In 2011, ARAMARK sold a minority stake in Seamless, an online and mobile food ordering service, to Spectrum Equity.


Spectrum to Make 7x Its Money on

Spectrum Equity looks like it will make about 7x its investment in Yesterday, a group led by Permira agreed to buy in a $1.6 billion deal. The company, whose website helps users trace their family roots, will be taken private at $32 per share.

Reuters: to be acquired by Permira-led group for $1.6 billion

U.S. genealogy website operator agreed to be acquired by a group led by private equity firm Permira in a $1.6 billion deal, four months after it put itself up for sale following the cancellation of a TV show based on its research. The company, whose website helps users trace their family roots, will be taken private at $32 per share, a 10 percent premium to the stock’s Friday closing price of $29.18.

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