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Angela Sormani

Resilience Capital Partners has acquired Riverside Manufacturing Company, a manufacturer of flame-resistant clothing, work wear and casual apparel. Riverside is Resilience Capital Partners' first add-on acquisition by its Affinity Specialty Apparel investment platform, which it acquired in December 2013.
General Catalyst Partners has launched the GC Stripe Platform Fund with a $10 million investment. The GC Stripe Platform Fund is geared toward rapidly accelerating, seed-stage startups. Most investments will range from $250K-$500K.
KPS Capital Partners' portfolio company Motor Coach Industries International has completed a recapitalization. MCI raised a new $130 million term loan in conjunction with the amendment and extension of the company's existing $115 million asset-based revolving credit facility.
CapMan has sold its holding in Profit Software Oy to Via Venture Partners, Finnish Industry Investment Ltd and the company's management team. Profit Software provides IT solutions to the insurance sector. CapMan invested in Profit Software in 2009.
UK investor BGF has backed Victoria, a manufacturer of carpets and floor coverings. This is BGF’s first investment in a publicly listed company.
The Paper Store, a specialty gift store based in Acton, Massachusetts, has received a minority growth equity investment from WestView Capital Partners. The Paper Store will continue to be majority-owned and operated by its existing management team.
Find out the latest midweek news including news of Hellman & Friedman's $10 billion for Fund VIII, Oregon PERS later stage performance and some background on venture capital exit success rates.
Pristine has raised $5.4 million in Series A financing led by Austin-based S3 Ventures. Capital Factory, HealthFundr, and a syndicate of strategic clients also participated. Pristine is a developers of HIPAA-compliant video streaming and checklist solutions for Google Glass.
Biotechnology company Allakos has secured an additional $10 million investment from current investors to fund the development of an additional therapeutic antibody. All of the company's current investors participated including Novo Ventures, Alta Partners, RiverVest Venture Partners and the Roche Venture Fund.
PineBridge Investments has committed to Capital Índigo, a private equity firm based in Mexico City. PineBridge has committed to the firm’s fund Índigo I FICAP, which is focused primarily on growth-equity and mezzanine investments in Mexican mid-sized companies.

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