Iris Dorbian
First Read kicks off your morning with news of United Airlines accidentally selling first class tickets for as low as $44 and then refuses to honor them, Microsoft reportedly buys digital pen maker N-Trig and veteran CBS correspondent Bob Simon dies in a car crash in New York City.
In Second Opinion, a shooting in Chapel Hill, North Carolina leaves three Muslim students dead, Microsoft confirms acquisition of Sunrise calendar app and how sleeping 6 times a day helped the founder of WordPress build a billion-dollar company. Happy Dreams!
Ronnoco Coffee, a portfolio company of Huron Capital Partners, has bought the assets of Roasterie Inc, a Des Moines, Iowa-based private label maker of coffee. No financial terms were disclosed.
CVC Capital Partners has acquired UK-based Wireless Logic, a machine to machine managed services provider. The seller was ECI Partners. No financial terms were disclosed. Arma Partners was financial adviser to Wireless Logic on the transaction.
Mackie Research Financial Corp has agreed to buy Vancouver-based Jordan Ventures Ltd, the parent company of investment bank Jordan Capital Markets Inc. No financial terms were disclosed.
Monument Group, an alternative investment fund placement agent, has hired Niklas Amundsson as a managing director for the firm's Hong Kong office. Previously, Amundsson worked at MVision where he most recently served as a partner.
Cyprium Partners has named John Ward to its advisory council. Ward is a managing partner at Unit Economic Investors and Unit Economic Advisors.
Salient Partners LP has agreed to buy San Francisco-based asset management firm Forward Management LLC. No financial terms were disclosed for the transaction that is expected to close in the second quarter of this year.
Energy Spectrum Capital has agreed to provide up to $150 million to Texas midstream company Santa Fe Midstream LLC. The capital will be used to invest in midstream opportunities in the U.S.
The Halifax Group has made an undisclosed investment in UK-based Pirtek Europe Holdings, a provider of fluid transfer and on-site hose replacement services for operators of hydraulically-powered equipment. Also, Vision Capital has exited its stake in Pirtek Europe.