The Search Agency, a Santa Monica, Calif.-based provider of search engine marketing and optimization solutions, has raised an undisclosed amount of funding from JMI Equity. RBC Capital Markets served as placement agent. PRESS RELEASE The Search Agency (TSA), a leading search engine marketing (SEM) and search engine optimization (SEO) firm, announced today that […]
Panorama Capital, the former venture capital team of JPMorgan Partners, has closed its first independent fund with $240 million in capital commitments. The firm spun out of JP Morgan in 2005, and had initially been seeking to raise at least $400 million. PRESS RELEASE Panorama Capital LLC today announced it has closed Panorama Capital […]
James Holzer has joined Brown Brothers Harriman as head of software and tech-enabled services, within the firm's M&A group. He previously was with CIBC World Markets. PRESS RELEASE Brown Brothers Harriman (BBH) today announced the appointment of James E. Holzer as Head of Software and Technology Enabled Services within the firm's Mergers and Acquisitions […]
Constellation Pharmaceuticals Inc., a Cambridge, Mass.-based developer of drugs that target selective regulators of epigenetic function, has raised $32 million in Series A funding. The round was co-led by Third Rock Ventures, The Column Group and Venrock. PRESS RELEASE Constellation Pharmaceuticals, the first biopharmaceutical company focused on discovering and developing novel drugs targeting selective regulators […]
Cox Enterprises Inc. has agreed to acquire Adify, a San Bruno, Calif.-based online advertising network. The deal is valued at $300 million. Adify has raised around $27 million in VC funding since late 2006, from firms like U.S. Venture Partners, Venrock, GE Commercial Finance, NBC Universal and Time Warner Investments. www.adify.com
NEW YORK (Reuters) – Hedge funds are losing money but that doesn't mean the $1.8 trillion industry is losing clients — yet. Pension funds and endowments, whose big bets on hedge funds helped double industry assets in the last five years, are sticking with loosely regulated hedge funds for now, even as returns sag. But […]
Wall Street Systems, a developer of financial trading and treasury engines, has agreed to acquire the assets of Aleri Global Banking, the wholesale banking division of Aleri Inc. No financial terms were disclosed. Wall Street Systems is a portfolio company of Warburg Pincus, while Aleri Inc. has raised over $30 million in VC funding […]
Panorama Capital, the former venture capital team of JPMorgan Partners, has closed its first independent fund with $240 million in capital commitments. The firm spun out of JP Morgan in 2005, and had initially been seeking to raise at least $400 million. PRESS RELEASE Panorama Capital LLC today announced it has closed Panorama Capital […]
Francisco Partners has agreed to sell Metrologic Holdings Corp. to Honeywell International for $720 million in cash. Francisco had led a $346 million take-private buyout of Metrologic in December 2006, alongside hedge fund Elliott Associates and Metrologic chairman and then-interim CEO Harry Knowles. Metrologic makes data capture and collection hardware and software. PRESS RELEASE […]
Daniel Galante has joined Alvarez & Marsal Transaction Advisory Group as a managing director and national practice leader. He previously was a senior managing director of FTI Consulting. PRESS RELEASE Alvarez & Marsal Transaction Advisory Group, which works with private equity firms, hedge funds and corporate acquirers and is an affiliate of the leading […]