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Yearly Archives: 2015
Hibernia Networks, which is owned by Columbia Ventures Corp. and funds managed by Constellation Growth Capital, has named Omar Altaji as chief commercial officer. The appointment is effective immediately. Altaji is the founder of Pangaea Technology Advisors. Hibernia Networks is a provider of global telecommunications services.
AxelaCare Health Solutions, a portfolio company of Harvest Partners, has bought Ambient Healthcare. No financial terms were disclosed. Based in Fort Lauderdale, Fla., Ambient is a provider of home intravenous therapies and nursing care in the southeastern U.S.
Thoma Bravo has closed its sale of Tripwire to Belden for $710 million. Chertoff Capital was investment banking advisor to Thoma Bravo on this transaction. Based in Portland, Oregon and Alpharetta, Georgia, Tripwire is a provider of advanced threat, security and compliance solutions.
Greek yogurt maker Chobani is considering replacing Chief Executive Hamdi Ulukaya with its President and Chief Operating Officer Kevin Burns, the New York Post reported, citing people familiar with the matter.
Micromax Informatics, India's second-largest smartphone maker, plans to raise as much as $500 million through a stock market listing in its financial year beginning in April, the Economic Times newspaper reported on Saturday.
China-based Wanda E-commerce has received $161 million in funding from Centec Networks and Xude Rendao. As a result of the transaction, Centec Networks has a 3 percent stake in Wanda E-commerce while Xude Rendao has a 2 percent stake. According to the company, the investment puts its valuation at over $3 billion.
Inflexxion has secured undisclosed funding from Periscope Equity, Fidus Investment Corp., and Akoya Capital Partners. Consilium Partners provided financial advice to Inflexxion on the transaction. Also, the company has named Thomas Hegelund as president. Hegelund is a former senior vice president and general manager at Truven Health Analytics. Based in Newton, Mass., Inflexxion is a developer of behavioral change programs.
Centre Partners has acquired a majority stake in Sun Orchard. No financial terms were disclosed. Rabo Securities USA served as financial advisor to Sun Orchard on the transaction. Headquartered in Tempe, Arizona, Sun Orchard is a provider of juice and beverage products for the food service sector.
First Read kicks off your New Year with news Alibaba rival Wanda E-commerce raising $161 mln at $3 bln valuation, the biggest cyber-security threats of 2015 and investors bought into nearly $250 bln in global IPOs in 2014.
Adam Levine, a former assistant press secretary for U.S. President George W. Bush, has left his position as managing director of global public affairs at TPG Capital LP, a spokesman for the private equity firm said on Saturday.