PE Hub Staff

VC Dixon Doll, one of the co-founders and general partners with DCM, will join DirecTV’s board of directors. During Doll’s career, he has spent eight years with Accel Partners, and would go on to found Doll Capital Management, the early-stage VC investor, in 1996.

Acorn Energy, the listed, Delaware-based energy technology company, will sell its CoaLogix Inc. to private equity firm Energy Capital Partners, a PE firm focused on energy infrastructure. Acorn initially developed the company with an investment from EnerTech Capital Partners and CoaLogix executives in 2007, when it bought SCR-Tech LLC. Merriman Capital, Inc. advised Acorn Energy in connection with the transaction.

Chicago-based private equity firm Linden Capital Partners, a healthcare-focused organization, invsted in anatomic pathology laboratory Strata Pathology Services, which is based in Massachusetts. Specifics of the transaction were not publicized. Strata has operated since 1984; Linden operating partner Richard Novak worked on the transaction for the private equity firm. Linden will be represented on the board by managing partner Brian Miller and vice president Todd Van Horn.

NanoDetection Technology, the Cincinnati-based in vitro diagnostic test platform system developer, has secured a $2.3 million from a group of 21 investors. The Series A round was oversubscribed. CincyTech led the round with a $400,000 commitment.

As peHUB exclusively reported earlier this month, Wind Point Partners will sell its U.S. Security Associates, a contract guard services provider, to Goldman Sachs Capital Partners. Wind Point had operated the company since 1999; Jim TenBroek, a managing director with WPP, worked on the transaction for the private equity firm.

Yext, the business listings company, raised $10 million from WGI Group, the lead investor, and Sutter Hill Ventures and Institutional Venture Partners. Funds will be used to fuel Yext PowerListings. The company was founded in 2006 by Howard Lerman, Brian Distelburger and Brent Metz.

Revenue Cycle Solutions (RCS), which sells revenue cycle management software and services to hospitals, is announcing that it has moved its headquarters from Chicago to Downers Grove, Illinois, 20 miles west of the Windy City. RCS is a portfolio company of the Chicago-based middle market private equity firm Waud Capital Partners, which acquired it last year […]

Lightspeed Venture Partners, Matrix Partners and Northbridge Venture Partners joined to provide Plexxi, the cloud datacenter company, with a $20 million Series B, the company reported via its blog. The funding brings the company’s total capital raised to $28.38 million, founder and CEO Dave Husak said on the company’s site.

Private equity firm BB&T Capital Partners completed a control recapitalization of JML Optical Industries. The firm invested $9.7 million as part of the transaction. Senior debt for the transaction was provided by M&T Bank. M&T Investment Banking Group served as exclusive financial advisor to JML.

Niklas Eklund will join European VC Wellington Partners as a venture partner. The serial entrepreneur will work on digital media investments with portfolio companies and help Wellington seek out Nordic and other European opportunities. Among the companies he has worked on, is Wellington portfolio company Livebookings, of which he was co-founder and CEO.