(Reuters) – Groupon Inc is pushing ahead with plans to go public in the face of a volatile equity market, a recent executive departure and questions about its accounting and financial disclosures, sources said on Tuesday. Groupon, the largest daily deal company, is planning to launch a roadshow for its initial public offering next week, […]
Throwdown! GOP debate gets ugly For Pete’s Sake: Just read everything my colleague David Cay Johnston writes. If Momma Ain’t Happy… Goldman losses foreshadow poorly for the Street I’ll Drink to That! BoSox boozy dugout escapade worsens Now THAT’S an IPO! Will Hulu go public instead? Go Venture! Start-ups do well in Q3 acccording to our own data Pay up! Capital boost for Swedish mobile payment co Ready for take-off! AngelPad businesses take flight What a headache: Not any more with Arteaus' migraine prevention drug Say cheese! Blackstone snaps up German Leica Anyone for Alternatives? Do the benefits outwiegh the risks of alternative investing? Subscribe to peHUB or, if you're already signed up, drop us a tip instead...
Permira has made a binding offer to acquire Genesys, an expert in contact center technology software, from Alcatel-Lucent in a transaction valued at $1.5 billion. Technology Crossover Ventures and certain co-investors of the Permira funds will also participate in the transaction.
The Blackstone Group and ACM Projektentwicklung have agreed a strategic partnership whereby investment funds advised by Blackstone will acquire, indirectly through a holding company, a 44% minority stake in Leica Camera to support Leica’s international growth plans.
Barclays PLC's investment banking has said it is making a private placement of 30.62 million shares, or 6.84 percent of Spain-based travel and tourism firm Amadeus IT Holding with a group of qualified investors, reports Reuters.
Things are looking awfully bright over at Vivint. Backed by parent Vivint Inc., Vivint Solar just bagged $75 million in financing from US Bancorp. The home security and energy efficiency company will continue its push into a new space, and will try to bring cheaper solar energy into consumer homes from coast to coast for […]
(Reuters) – Nomura Holdings is set to buy a China unit of GE Capital, in a deal allowing Japan’s largest brokerage to expand deeper into the Chinese financial market. While Nomura has had a presence in China for around three decades, the purchase of the GE unit would put the Japanese bank in a stronger […]
Chestnut Hill Partners, a New York-based investment bank specializing in middle market M&A originations, has closed two recent transactions: the acquisition of Contessa Premium Foods by an affiliate of Sun Capital Partners, and The Berry Family of Nurseries‘ majority interest sale to Equity Holdings, a Dallas based PE firm. PRESS RELEASE: Chestnut Hill Partners, LLC […]
(Reuters) – Private equity firms Carlyle Group, Bain Capital and Advent International are competing to buy credit reporting firm TransUnion, which could fetch more than $2 billion, sources familiar with the matter said. The auction is advanced, but a sale of the business is not certain as TransUnion’s majority owner Madison Dearborn Partners weighs whether […]
Social traffic and navigation company Waze reeled in $30 million in funding from investors including Horizon Ventures Hong Kong, KPCB’s Digital Growth Fund and the VC’s iFund, as well. Backing will be used to boost the app’s growth in China. Joining Waze’s board are John Malloy, Managing Partner of Blue Run Ventures and Jason Wong of Horizon Ventures and Mary Meeker, partner at KPCB, joins the company as a strategic advisor and board observer alongside Josh Silverman, President of American Express US Consumer division and former CEO of Skype.