PE HUB Second Opinion

In Second Opinion, the Greek financial markets are slated to reopen Monday after a five-week shutdown, Uber is now valued at more than $50 billion and congratulations are in order for Facebook CEO Mark Zuckerberg and his wife Priscilla. Both are expecting a baby girl after struggling to get pregnant.

Integral Ad Science pulls in $67 mln

New York City-based Integral Ad Science, a provider of advertising intelligence for digital media buyers and sellers, has secured $27 million in funding. Sapphire Ventures led the round with participation from other investors that included Cross Creek Advisors, August Capital, Pelion Venture Partners and Atlas Venture. Also, Silicon Valley Bank provided $40 million in debt funding to Integral.

Poplar Capital buys Productive Access

Poplar Capital Partners LLC has acquired Productive Access Inc. No financial terms were disclosed. Based in Yorba Linda, California, PAI is a provider of mTAB, a survey analysis solution.

Riverside invests in IPAR

The Riverside Company has made an undisclosed investment in IPAR Rehabilitation. Westpac provided debt financing for the transaction. Based in Melbourne, Australia, IPAR is a provider of occupational rehabilitation case management solutions.

GitHub racks up $250 mln Series B

San Francisco-based GitHub, a social network for programmers, has raised $250 million in Series B funding, confirmed a spokesperson for the company. Sequoia Capital led the round with participation from Andreessen Horowitz, Thrive Capital and Institutional Venture Partners.

New PE firm Blue Rock Ventures opens its doors

Dallas-based Blue Rock Ventures LLC, a new private equity firm focused on technology, commercial real estate and oil and gas, has launched. Jeff Gordon, president and CEO of Texas Coastal Energy, will serve as CEO.

Platte River backs First River

Platte River Equity has made an undisclosed follow-on investment in First River Energy LLC. Based in Denver, First River Energy is an crude oil midstream company.


Blackstone to sell AVINTIV to Berry Plastics for about $2.45 bln

Berry Plastics Group Inc has agreed to acquire AVINTIV from The Blackstone Group LP for about $2.45 billion. The deal is expected to be completed by the end of the year. Credit Suisse and Barclays provided financial advice to Berry Plastics on the transaction while Citi and BofA Merrill Lynch did likewise for AVINTIV and Blackstone. Headquartered in Charlotte, North Carolina, AVINTIV is a specialty materials provider used in infection prevention, personal care, and high-performance solutions.


PE HUB First Read

First Read ends your week with news that Uber will be investing $1 billion in India, Apple is reportedly set to unveil its next Apple TV version in September and Beijing is chosen as the host of the 2022 Winter Olympics, becoming the first city to host both the Summer and Winter Games.

The wheels of an indoor bicycle are seen spinning at a SoulCycle class at their Union Square location in New York April 13, 2011. RREUTERS/Shannon Stapleton

PE HUB Second Opinion

In Second Opinion, the U.S. economy grew 2.3 percent in the second quarter, NBCUniversal is reportedly close to investing in BuzzFeed and Vox and workout chain SoulCycle files for an IPO


Interactive video company Fuisz Media snaps up $10 mln

Santa Monica, California-based interactive video company Fuisz Media has closed $10 million in Series A funding. Evolution Media Partners, a joint venture between Evolution Media Capital, TPG Growth and Participant Media, led the round. Ross Levinsohn, former interim CEO of Yahoo and Ian Doody, a principal at Evolution Media Capital, have been added to Fuisz Media’s board of directors.

FreedomPop scores $10 mln

Los Angeles-based mobile services provider FreedomPop has raised $10 million in funding. The investors included Axiata Group. FreedomPop’s backers include Mangrove Capital, DCM and Partech Ventures.

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