Iris Dorbian
Law firm Pillsbury has named partners Kimberly Mann and Ildiko Duckor to co-lead the firm's investment funds and investment management team. Mann joined Pillsbury in 1997 while Duckor has almost 20 years’ experience in investment management regulation, specializing in hedge funds. Also, Pillsbury has promoted André Brewster to partner.
First Read starts your week with news of Google Ventures-backed bitcoin exchange Buttercoin shutting down, "Furious 7" grabs record $143 million in weekend box office and Ellen Pao says in an interview that gender issues won't "go away" after trial.
In Second Opinion, U.S. and Iran reach an agreement on nuclear talks, Apple's music streaming deals fall under the EU's regulatory spotlight and jobless claims fall to their lowest levels in 15 years.
Newark, New Jersey-based Manischewitz, a producer of matzos and kosher food products, has named David Sugarman as president and CEO. Previously, Sugarman was the president and CEO of the Allan Candy Company, a Hershey division. Manischewitz is backed by Sankaty Advisors, a credit affiliate of Bain Capital.
TPG has completed its acquisition of Aptalis Pharmaceutical Technologies, an enhanced medicine provider, from Actavis plc. No financial terms were disclosed. Also, Aptalis Pharmaceuticals has rebranded itself as Adare Pharmaceuticals and appointed John Fraher as CEO.
MegaPath, a portfolio company of Platinum Equity, has sold its managed services business unit to GTT Communications. The value of the transaction is $152.3 million.
Israel-based Kornit Digital Ltd, a maker of digital printing solutions for the printed textile industry, has priced its IPO of 7.1 million shares at $10 per share. The stock began trading Thursday on the NASDAQ under the ticker symbol "KRNT." Barclays Capital Inc and Citigroup Global Markets Inc are the lead underwriters. Kornit Digital is backed by Fortissimo Capital.
San Francisco Equity Partners has acquired beauty company Japonesque. No financial terms were disclosed. Aspect Consumer Partners LLC provided financial advice to Japonesque on the transaction.
MarketShare, which is backed by FTV Capital and Elevation Partners, has acquired San Francisco-based DataSong, an analytics tech company. No financial terms were disclosed. Also, John Wallace, CEO of DataSong, has been named chief growth officer at MarketShare.
CapitalWorks LLC has bought Republic, Missouri-based Bancsource Inc, a banking tech services provider. No financial terms were disclosed.