Search results for: redprairie?s=redprairie

Buyouts

Market at a glance (Subscription Required)

By Paul Centopani — 2 hours ago

U.S.-based buyout and mezzanine fundraising still lags behind the same period last year, but it has more than doubled since Buyouts last went to press. Compared to the rapid start of 2015, 2016’s year-to-date total of $13.9 billion is way behind. The Carlyle Group was very busy in the last two weeks. It announced that it […]

Buyouts

Private Eye: No signs of recession in Golub’s mid-market portfolio (Subscription Required)

By David M. Toll — 3 hours ago

Does the stock market know something the rest of us don’t?  The S&P 500’s more than 9 percent drop from New Year’s through February 10 suggests that the United States’s seven-year trot of economic growth, however plodding, may be heading for a concrete wall. And fears of an imminent recession have real consequences. Financial buyers, for one, won’t […]

Buyouts

San Francisco backs Yale-approved Asia specialist (Subscription Required)

By Sam Sutton — 4 hours ago

The San Francisco Employees’ Retirement System committed $125 million to private equity and venture capital funds in January, including up to $100 million for Hillhouse Capital Group’s third flagship fund, according to recently published meeting minutes. The $19.3 billion pension system also committed $25 million to DFJ Venture’s 12th flagship fund, which had raised around […]

PE HUB

PE HUB Second Opinion

By Stephanie Rogan — 4 hours ago

In Friday’s Second Opinion, Russian billionaire Fridman invests $200 million in Uber, Paulson plans a $1.5 billion private equity fund for troubled debt, and Apple is making an original television show starring Dr. Dre.

PE HUB

PE-backed Davis Petroleum Acquisition and Yuma Energy to merge

By Stephanie Rogan — 5 hours ago

Private equity-backed Davis Petroleum Acquisition Corp, an oil and gas company, and publicly traded Yuma Energy Inc agreed to merge in an all-stock transaction. Upon completion of the merger, Davis will become a wholly owned subsidiary of Yuma. Houston-based Davis is backed by Evercore Capital Partners, Red Mountain Capital Partners, and Sankaty Advisors.

PE HUB

Partech leads $16 mln Series B for Waterline Data

By Stephanie Rogan — 8 hours ago

Partech Ventures led a $16 million Series B funding round for Alberta, Canada-based Waterline Data, a data mining company. To date Waterline Data has raised $23 million. The company was founded in 2013 with backing from Menlo Ventures and Jackson Square Ventures.

PE HUB

Sky-Futures secures $5.7 mln from Bristow, MMC

By Stephanie Rogan — 9 hours ago

London-based Sky-Futures, a provider of drone inspection services for the oil and gas industry, secured a $4.2 million investment by Bristow Group, and an additional $1.5 million investment by MMC Ventures. MMC invested $3.8 million in the company in May. To date Sky-Futures has raised more than $10 million.

PE HUB

OMERS Private Equity sells Marketwired to Nasdaq

By Stephanie Rogan — 10 hours ago

OMERS Private Equity, the private equity arm of the Ontario Municipal Employees Retirement System, sold Toronto-based Marketwired LP, a press release distribution service, to Nasdaq Inc. Financial terms were not disclosed. BMO Capital Markets served as financial advisor. Morrison & Foerster and Stikeman Elliott acted as legal counsel.

PE HUB

Argosy buys Nationwide Industries for $22.2 mln

By Stephanie Rogan — 10 hours ago

P&F Industries Inc sold Nationwide Industries Inc, a hardware manufacturer based in Tampa, Florida, to a subsidiary of Argosy Private Equity, a division of Argosy Capital. The purchase price was approximately $22.2 million, subject to working capital adjustment.

PE HUB

VC-backed Runkeeper acquired by ASICS

By Stephanie Rogan — 10 hours ago

Runkeeper, a workout tracking app, has been acquired by ASICS Corp, a Japanese sportswear company. Runkeeper’s Chief Executive Officer Jason Jacobs announced the news in a statement on blogging platform Medium. Financial terms were not disclosed. The company has raised over $11 million in funding from investors including Spark Capital and O’Reilly AlphaTech Ventures.